Price for Cocoa; Paste, Wholly or Partly Defatted in Lithuania - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Lithuania (FOB) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in Lithuania (CIF) - 2022
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Lithuania
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Lithuania
Price for Cocoa; Paste, Wholly or Partly Defatted in Lithuania (FOB) - 2022
The average export price for cocoa; paste, wholly or partly defatted stood at $1,390 per ton in 2022, with an increase of 38% against the previous year. Overall, the export price, however, recorded a significant contraction. Over the period under review, the average export prices reached the maximum at $28,806 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Serbia ($1,479 per ton) and Poland ($1,464 per ton), while the average price for exports to Indonesia ($1,043 per ton) and the Netherlands ($1,112 per ton) were amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+7.3%), while the prices for the other major destinations experienced a decline.
Price for Cocoa; Paste, Wholly or Partly Defatted in Lithuania (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $1,374 per ton, flattening at the previous year. Overall, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 100% against the previous year. As a result, import price reached the peak level of $5,438 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ukraine.
From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +5.8% per year.
Exports of Cocoa; Paste, Wholly or Partly Defatted in Lithuania
In 2022, shipments abroad of cocoa; paste, wholly or partly defatted decreased by -14% to 842 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 5,597%.
In value terms, exports of cocoa; paste, wholly or partly defatted skyrocketed to $1.2M in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,822%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 485 | 0% |
| Serbia | N/A | N/A | 32.0 | 311 | 871.9% |
| Poland | N/A | 12.6 | 66.9 | 133 | 224.9% |
| Indonesia | N/A | 83.6 | 419 | 103 | 11.0% |
| Estonia | N/A | N/A | N/A | 80.1 | 0% |
| Netherlands | N/A | 83.6 | 393 | 51.6 | -21.4% |
| Russia | N/A | 126 | 18.3 | N/A | -85.5% |
| Ukraine | 3.9 | 54.3 | 27.8 | N/A | 167.0% |
| Others | 6.2 | 33.2 | 29.2 | 7.7 | 7.5% |
| Total | 10.0 | 394 | 986 | 1,171 | 389.2% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Lithuania in 2022:
- Spain (331.1 tons)
- Serbia (209.9 tons)
- Indonesia (99.2 tons)
- Poland (90.5 tons)
- Estonia (60.2 tons)
- Netherlands (46.5 tons)
Imports of Cocoa; Paste, Wholly or Partly Defatted in Lithuania
In 2022, purchases abroad of cocoa; paste, wholly or partly defatted decreased by 0% to 2 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cocoa; paste, wholly or partly defatted amounted to $2.7K in 2022. In general, imports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 2.7 | 0% |
| Poland | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | N/A | N/A | 2.7 | 50.0% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Lithuania in 2022:
- Ukraine (2.0 tons)
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