Price for Cocoa; Paste, Wholly or Partly Defatted in Portugal - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Portugal (CIF) - 2023
- Price for Cocoa; Paste, Wholly or Partly Defatted in Portugal (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Portugal
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Portugal
Price for Cocoa; Paste, Wholly or Partly Defatted in Portugal (CIF) - 2023
The average import price for cocoa; paste, wholly or partly defatted stood at $4,475 per ton in October 2023, growing by 11% against the previous month. Over the period under review, the import price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in August 2023 when the average import price increased by 31% month-to-month. The import price peaked at $20,306 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From October 2022 to October 2023, the rate of growth in terms of prices for Cote d'Ivoire amounted to +1.5% per month.
Price for Cocoa; Paste, Wholly or Partly Defatted in Portugal (FOB) - 2022
The average export price for cocoa; paste, wholly or partly defatted stood at $8,896 per ton in 2022, jumping by 29% against the previous year. Overall, the export price saw a temperate expansion. The growth pace was the most rapid in 2020 an increase of 58%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($9,687 per ton), while the average price for exports to Sao Tome and Principe ($3,082 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+76.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Portugal
In 2022, imports of cocoa; paste, wholly or partly defatted into Portugal soared to 460 tons, surging by 5,927% against the previous year. In general, imports posted significant growth. 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 skyrocketed to $1.8M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 11.0 | 2.4 | 4.3 | 1,661 | 432.5% |
| Italy | N/A | N/A | N/A | 100 | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | 22.7 | 0% |
| Others | 11.6 | N/A | 22.1 | 6.6 | -17.1% |
| Total | 22.6 | 2.5 | 26.4 | 1,790 | 329.5% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Portugal in 2022:
- Spain (415.6 tons)
- Italy (25.8 tons)
- Cote d'Ivoire (17.9 tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Portugal
In 2022, exports of cocoa; paste, wholly or partly defatted from Portugal surged to 60 tons, increasing by 2,254% on the previous year. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cocoa; paste, wholly or partly defatted skyrocketed to $532K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 500 | 0% |
| Angola | 11.1 | 8.7 | 12.1 | 27.2 | 34.8% |
| Sao Tome and Principe | 1.8 | 1.6 | 1.9 | 2.3 | 8.5% |
| Cabo Verde | 2.5 | 0.6 | 2.0 | 1.1 | -23.9% |
| Others | 0.7 | 1.0 | 1.6 | 1.0 | 12.6% |
| Total | 16.1 | 12.0 | 17.5 | 532 | 220.9% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Portugal in 2022:
- Spain (56.0 tons)
- Angola (2.8 tons)
- Sao Tome and Principe (0.7 tons)
- Cabo Verde (0.1 tons)
433
This report provides an in-depth analysis of the cocoa paste market in Portugal.
762
This report provides an in-depth analysis of the global cocoa paste market.
433
This report provides an in-depth analysis of the cocoa paste market in Portugal.
762
This report provides an in-depth analysis of the global cocoa paste market.
48
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.
1125
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 ...
756
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...
1863
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...
1039
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...
48
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.
1125
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 ...
756
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...
1863
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...
1039
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...
