Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Morocco - 2023
Contents:
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Morocco (CIF) - 2022
- Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Morocco
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Morocco (CIF) - 2022
In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $11,457 per ton, surging by 960% against the previous year. In general, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cote d'Ivoire ($14,569 per ton), while the price for Germany stood at $7,380 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+185.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Morocco
In 2022, supplies from abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -70.3% to 462 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 2,393% against the previous year. As a result, imports attained the peak of 12 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes skyrocketed to $5.3K in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 441% against the previous year. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | N/A | 1.2 | 0.4 | 3.8 | 78.0% |
| Germany | 0.1 | 0.6 | 0.1 | 1.5 | 146.6% |
| Spain | 1.8 | 8.2 | 1.1 | N/A | -21.8% |
| Others | 0.1 | 0.6 | 0.1 | N/A | 0.0% |
| Total | 2.0 | 10.6 | 1.7 | 5.3 | 38.4% |
Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Morocco in 2022:
- Cote d'Ivoire (262.0 kg)
- Germany (200.0 kg)
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