Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria - 2023

Contents:

1. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria (FOB) - 2022
2. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria (CIF) - 2022
3. Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria
4. Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria (FOB) - 2022

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $253 per ton in 2022, with an increase of 131% against the previous year. Over the period under review, the export price, however, faced a dramatic downturn. The export price peaked at $1,269 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Turkey amounted to +22.3% per year.

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria (CIF) - 2022

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $255 per ton in 2022, approximately equating the previous year. Overall, the import price faced a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $1,116 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to +22.9% per year.

Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria

In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Bulgaria declined dramatically to 833 tons, falling by -28.7% on the previous year's figure. Over the period under review, exports continue to indicate a dramatic setback.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes skyrocketed to $211K in 2022. Overall, exports showed a deep contraction.

Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from Bulgaria in 2022:

1. Turkey (824.6 tons)

Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Bulgaria

For the third consecutive year, Bulgaria recorded decline in supplies from abroad of cocoa; shells, husks, skins and other cocoa wastes, which decreased by 0% to 55 tons in 2022. In general, imports recorded a dramatic curtailment. The smallest decline of -55% was in 2020.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes totaled $14K in 2022. Overall, imports faced a dramatic shrinkage. The smallest decline of -54.8% was in 2020.

Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Bulgaria in 2022:

1. Spain (54.6 tons)

Source: IndexBox Market Intelligence Platform