Price for Cocoa; Paste, Wholly or Partly Defatted in Sudan - 2022

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Sudan (CIF) - 2022
  2. Imports of Cocoa; Paste, Wholly or Partly Defatted in Sudan

Price for Cocoa; Paste, Wholly or Partly Defatted in Sudan (CIF) - 2022

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $5,358 per ton, stabilizing at the previous year. Overall, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 103%. Over the period under review, average import prices hit record highs at $5,832 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +39.7% per year.

Imports of Cocoa; Paste, Wholly or Partly Defatted in Sudan

In 2022, after three years of growth, there was significant decline in purchases abroad of cocoa; paste, wholly or partly defatted, when their volume decreased by -33.4% to 3.6 tons. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 201%.

In value terms, imports of cocoa; paste, wholly or partly defatted contracted sharply to $19K in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 187% against the previous year.

Import of Cocoa; Paste, Wholly or Partly Defatted in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.510.128.919.577.3%
OthersN/AN/AN/AN/A0%
Total3.510.128.919.577.3%

Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Sudan in 2022:

  1. United Arab Emirates (3.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa; paste, wholly or partly defatted - Sudan