Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States - 2023
Contents:
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States (FOB) - 2022
- Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States (CIF) - 2022
- Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States
- Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States (FOB) - 2022
In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $1,058 per ton, declining by -14.1% against the previous year. Overall, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. The export price peaked at $2,497 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($1,533 per ton), while the average price for exports to Kuwait ($994 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 Ukraine (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States (CIF) - 2022
The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $6,239 per ton in 2022, picking up by 14% against the previous year. In general, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. The import price peaked at $6,422 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,895 per ton), while the price for Peru ($5,997 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States
In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes exported from the United States surged to 661 tons, picking up by 134% on the year before. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 168%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes surged to $699K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 112%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 37.5 | 19.6 | N/A | 420 | 123.7% |
| Estonia | 3.4 | 33.0 | 67.8 | 120 | 228.0% |
| Germany | 80.8 | 336 | 58.3 | 52.7 | -13.3% |
| Canada | 91.8 | 80.5 | 87.5 | 24.2 | -35.9% |
| Dominican Republic | 2.5 | N/A | N/A | 21.1 | 103.6% |
| Australia | N/A | N/A | N/A | 18.8 | 0% |
| Saint Lucia | N/A | N/A | N/A | 14.6 | 0% |
| United Arab Emirates | N/A | 31.3 | N/A | 10.0 | -43.5% |
| Japan | N/A | 32.3 | N/A | N/A | 0% |
| Ukraine | N/A | N/A | 78.0 | N/A | 0% |
| Others | 62.6 | 57.1 | 56.6 | 17.9 | -34.1% |
| Total | 279 | 590 | 348 | 699 | 35.8% |
Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from the United States in 2022:
- Kuwait (422.5 tons)
- Estonia (96.4 tons)
- Germany (43.7 tons)
- Dominican Republic (21.2 tons)
- Australia (18.9 tons)
- Canada (15.8 tons)
- Saint Lucia (14.6 tons)
- United Arab Emirates (10.1 tons)
Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States
In 2022, imports of cocoa; shells, husks, skins and other cocoa wastes into the United States surged to 76 tons, rising by 101% against the year before. In general, imports posted buoyant growth. 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 surged to $473K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 18.9 | 25.9 | 107 | 441 | 185.8% |
| Germany | 16.7 | 5.9 | 11.3 | 25.2 | 14.7% |
| Peru | 89.0 | 98.1 | 69.1 | 7.1 | -57.0% |
| Honduras | 74.6 | 37.2 | N/A | N/A | -50.1% |
| Others | N/A | 2.8 | 18.1 | N/A | 546.4% |
| Total | 199 | 170 | 206 | 473 | 33.5% |
Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to the United States in 2022:
- Ecuador (71.8 tons)
- Germany (2.8 tons)
- Peru (1.2 tons)
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