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

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Venezuela (FOB) - 2022
  2. Exports of Cocoa; Paste, Wholly or Partly Defatted in Venezuela

Price for Cocoa; Paste, Wholly or Partly Defatted in Venezuela (FOB) - 2022

In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $8,348 per ton, dropping by -6.5% against the previous year. Overall, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 14% against the previous year. The export price peaked at $11,594 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -2.1% per year.

Exports of Cocoa; Paste, Wholly or Partly Defatted in Venezuela

In 2022, overseas shipments of cocoa; paste, wholly or partly defatted were finally on the rise to reach 316 kg after two years of decline. In general, exports, however, saw a noticeable slump.

In value terms, exports of cocoa; paste, wholly or partly defatted dropped to $2.6K in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 6.1% against the previous year. As a result, the exports attained the peak of $2.7K, and then declined slightly in the following year.

Export of Cocoa; Paste, Wholly or Partly Defatted in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.62.62.72.663.0%
Lebanon1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.42.62.72.62.7%

Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Venezuela in 2022:

  1. France (316.0 kg)

Source: IndexBox Market Intelligence Platform

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