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

Contents:

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

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $209 per ton, dropping by -86.2% against the previous year. Over the period under review, the import price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 63%. The import price peaked at $3,347 per ton in 2012; however, from 2013 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -9.5% per year.

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

In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $2,800 per ton, increasing by 29% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2015 an increase of 3,299%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,879 per ton), while the average price for exports to France ($1,000 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 Spain (+564.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of cocoa; shells, husks, skins and other cocoa wastes into Slovakia fell sharply to 25 tons, shrinking by -67.6% compared with the year before. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78,935%. As a result, imports reached the peak of 78 tons, and then shrank notably in the following year.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes dropped markedly to $5.3K in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 48,986% against the previous year. As a result, imports reached the peak of $119K, and then reduced markedly in the following year.

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

1. Germany (25.3 tons)

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

In 2022, approx. 35 kg of cocoa; shells, husks, skins and other cocoa wastes were exported from Slovakia; falling by -14.6% against the previous year. Over the period under review, exports showed a abrupt decrease.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes expanded sharply to $98 in 2022. The total export value increased at an average annual rate of +10.1% over the period from 2021 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (33.0 kg)
2. Ireland (1.0 kg)
3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform