Price for Cocoa; Paste, Wholly or Partly Defatted in Italy - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Italy (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Italy (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Italy
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Italy
Price for Cocoa; Paste, Wholly or Partly Defatted in Italy (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $3,247 per ton, waning by -13.9% against the previous year. In general, the import price showed a mild setback. The growth pace was the most rapid in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices attained the maximum at $4,068 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Luxembourg amounted to -3.4% per year.
Price for Cocoa; Paste, Wholly or Partly Defatted in Italy (FOB) - 2022
In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $3,021 per ton, which is down by -14.5% against the previous year. Over the period under review, the export price recorded a mild curtailment. The most prominent rate of growth was recorded in 2019 an increase of 107% against the previous year. As a result, the export price reached the peak level of $9,313 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($10,674 per ton), while the average price for exports to Montenegro ($2,692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Italy
After three years of growth, supplies from abroad of cocoa; paste, wholly or partly defatted decreased by -3.6% to 743 tons in 2022. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of 771 tons, and then reduced modestly in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted dropped notably to $2.4M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports attained the peak of $2.9M, and then reduced dramatically in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.5 | 1.8 | 2.9 | 2.4 | 17.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1.6 | 1.8 | 2.9 | 2.4 | 14.5% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Italy in 2022:
- Netherlands (743.1 tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of cocoa; paste, wholly or partly defatted, when their volume decreased by -59.4% to 35 tons. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,767% against the previous year. As a result, the exports reached the peak of 87 tons, and then dropped dramatically in the following year.
In value terms, exports of cocoa; paste, wholly or partly defatted dropped significantly to $106K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,067%. As a result, the exports attained the peak of $306K, and then dropped markedly in the following year.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | N/A | N/A | 39.7 | 0% |
| Montenegro | N/A | N/A | 20.1 | 36.4 | 81.1% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 15.9 | 0% |
| Australia | N/A | N/A | N/A | 12.3 | 0% |
| Senegal | N/A | N/A | 25.2 | N/A | 0% |
| Poland | N/A | 3.7 | 195 | N/A | 5170.3% |
| Saudi Arabia | N/A | N/A | 47.9 | N/A | 0% |
| Others | 3.8 | 6.0 | 17.3 | 2.0 | -19.3% |
| Total | 3.8 | 9.7 | 306 | 106 | 203.3% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Italy in 2022:
- Peru (14.7 tons)
- Montenegro (13.5 tons)
- Bosnia and Herzegovina (5.3 tons)
- Australia (1.2 tons)
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This report provides an in-depth analysis of the cocoa paste market in Italy.
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This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in Italy.
765
This report provides an in-depth analysis of the global cocoa paste market.
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Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
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In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
79
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1133
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
762
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
1883
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1045
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
