Price for Cocoa; Paste, Wholly or Partly Defatted in Ireland - 2023

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Ireland (CIF) - 2022
  2. Imports of Cocoa; Paste, Wholly or Partly Defatted in Ireland

Price for Cocoa; Paste, Wholly or Partly Defatted in Ireland (CIF) - 2022

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $16,757 per ton, remaining constant against the previous year. Over the period under review, the import price recorded a resilient expansion. The growth pace was the most rapid in 2019 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($17,326 per ton), while the price for Indonesia ($14,185 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cocoa; Paste, Wholly or Partly Defatted in Ireland

In 2022, purchases abroad of cocoa; paste, wholly or partly defatted decreased by 0% to 107 kg, falling for the second year in a row after two years of growth. Overall, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 6.6% against the previous year. As a result, imports attained the peak of 124 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cocoa; paste, wholly or partly defatted totaled $1.8K in 2022. In general, imports saw a precipitous shrinkage. The smallest decline of -8.7% was in 2020.

Import of Cocoa; Paste, Wholly or Partly Defatted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A0.80%
GuatemalaN/AN/AN/A0.70%
United StatesN/AN/AN/A0.10%
Belgium75.196.6N/AN/A28.6%
Poland243206N/AN/A-15.2%
Italy12697.7N/AN/A-22.5%
Others4.08.5N/A0.1-70.8%
Total448409N/A1.8-84.1%

Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Ireland in 2022:

  1. Indonesia (54.0 kg)
  2. Guatemala (43.0 kg)
  3. United States (9.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa; paste, wholly or partly defatted - Ireland