Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador - 2022
Contents:
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador (FOB) - 2022
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador (CIF) - 2022
- Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador
- Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador (FOB) - 2022
The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $1,702 per ton in 2022, jumping by 195% against the previous year. Overall, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($5,164 per ton), while the average price for exports to Chile ($201 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+66.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador (CIF) - 2022
The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $125 per ton in 2022, waning by -86.2% against the previous year. In general, the import price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 a decrease of -15.2% against the previous year. Over the period under review, average import prices hit record highs at $2,551 per ton in 2018; however, from 2019 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 Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -51.1% per year.
Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador
In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Ecuador contracted notably to 407 tons, with a decrease of -48.3% against the previous year's figure. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 24%.
In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes soared to $692K in 2022. Over the period under review, exports continue to indicate a abrupt contraction.
| Export of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.0 | 9.5 | 65.4 | 443 | 160.7% |
| Belgium | 22.7 | 23.8 | 2.3 | 104 | 66.1% |
| Japan | 25.5 | 22.0 | 41.3 | 86.5 | 50.3% |
| Argentina | 57.0 | 11.4 | 20.9 | 19.4 | -30.2% |
| Panama | 164 | 68.4 | 82.9 | 16.8 | -53.2% |
| Brazil | 67.4 | 43.3 | 32.3 | 12.5 | -43.0% |
| Chile | 12.6 | 3.2 | 3.8 | 8.0 | -14.1% |
| Netherlands | 112 | 4.0 | 59.1 | 0.9 | -80.0% |
| Spain | 61.6 | 34.9 | 9.9 | 0.9 | -75.6% |
| Uruguay | 13.8 | 3.4 | 6.5 | N/A | -31.4% |
| Honduras | 37.4 | 23.1 | 71.1 | N/A | 37.9% |
| Israel | 11.3 | 7.7 | 6.9 | N/A | -21.9% |
| Turkey | 14.5 | N/A | N/A | N/A | 0% |
| Others | 602 | 99.8 | 51.1 | N/A | -70.9% |
| Total | 1,227 | 355 | 453 | 692 | -17.4% |
Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from Ecuador in 2022:
- United States (135.5 tons)
- Argentina (93.3 tons)
- Brazil (50.0 tons)
- Panama (40.6 tons)
- Chile (39.9 tons)
- Japan (26.6 tons)
- Belgium (20.1 tons)
- Spain (0.6 tons)
- Netherlands (0.2 tons)
Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Ecuador
In 2022, imports of cocoa; shells, husks, skins and other cocoa wastes into Ecuador skyrocketed to 55 tons, increasing by 2,805% against the year before. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes skyrocketed to $6.9K 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; Shells, Husks, Skins and Other Cocoa Waste in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Peru | 1.1 | 1.7 | 6.9 | 150.5% | |
| Others | 1.5 | N/A | N/A | 0% | |
| Total | 2.6 | 1.7 | 6.9 | 62.9% | |
Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Ecuador in 2022:
- Peru (55.2 tons)
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