Price for Cocoa; Paste, Wholly or Partly Defatted in Kuwait - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Kuwait (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Kuwait
Price for Cocoa; Paste, Wholly or Partly Defatted in Kuwait (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $5,201 per ton, shrinking by -3.4% against the previous year. Overall, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 586% against the previous year. As a result, import price reached the peak level of $15,835 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($6,062 per ton), while the price for the UK stood at $2,523 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+37.1%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Kuwait
In 2022, the amount of cocoa; paste, wholly or partly defatted imported into Kuwait fell remarkably to 3.6 tons, dropping by -80.6% on the previous year. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 1,313%. As a result, imports attained the peak of 19 tons, and then reduced sharply in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted contracted rapidly to $19K in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,127%. As a result, imports attained the peak of $101K, and then declined dramatically in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 5.9 | 5.1 | 80.4 | 16.7 | 41.5% |
| United Kingdom | 0.7 | 0.5 | 9.4 | 2.2 | 46.5% |
| Belgium | 5.0 | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 3.1 | N/A | 0% |
| Others | 0.4 | 2.7 | 8.1 | N/A | 350.0% |
| Total | 12.0 | 8.2 | 101 | 18.9 | 16.3% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Kuwait in 2022:
- Switzerland (2.8 tons)
- United Kingdom (0.9 tons)
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This report provides an in-depth analysis of the cocoa paste market in Kuwait.
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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 Kuwait.
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This report provides an in-depth analysis of the global cocoa paste market.
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