Price for Cocoa; Paste, Wholly or Partly Defatted in Oman - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Oman (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Oman
Price for Cocoa; Paste, Wholly or Partly Defatted in Oman (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $2,524 per ton, shrinking by -74.7% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 95%. As a result, import price reached the peak level of $9,968 per ton, and then contracted significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2015 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -1.8% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Oman
In 2022, approx. 8.5 tons of cocoa; paste, wholly or partly defatted were imported into Oman; rising by 4,352% against 2021. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa; paste, wholly or partly defatted surged to $21K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.2 | 0.6 | 0.2 | 21.4 | 374.7% |
| China | N/A | N/A | 1.6 | N/A | 0% |
| Turkey | 1.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.4 | 0.6 | 1.9 | 21.4 | 148.2% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Oman in 2022:
- United Arab Emirates (8.5 tons)
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