Price for Cocoa; Paste; Whether or Not Defatted in India - 2023
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in India (CIF) - 2023
- Price for Cocoa; Paste; Whether or Not Defatted in India (FOB) - 2023
- Imports of Cocoa; Paste; Whether or Not Defatted in India
- Exports of Cocoa; Paste; Whether or Not Defatted in India
Price for Cocoa; Paste; Whether or Not Defatted in India (CIF) - 2023
The average import price for cocoa; paste; whether or not defatteds stood at $3,852 per ton in October 2023, increasing by 19% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in February 2023 an increase of 42% m-o-m. As a result, import price reached the peak level of $5,283 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,771 per ton), while the price for the Netherlands ($430 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste; Whether or Not Defatted in India (FOB) - 2023
The average export price for cocoa; paste; whether or not defatteds stood at $2,970 per ton in October 2023, shrinking by -53.8% against the previous month. Overall, the export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in November 2022 an increase of 853% against the previous month. As a result, the export price attained the peak level of $17,504 per ton. From December 2022 to October 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was South Africa ($5,431 per ton), while the average price for exports to Uruguay ($2,040 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa; Paste; Whether or Not Defatted in India
In 2022, approx. 6.1K tons of cocoa; paste; whether or not defatteds were imported into India; growing by 40% against the previous year's figure. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of cocoa; paste; whether or not defatteds soared to $22M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 91%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Cocoa; Paste; Whether or Not Defatted in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 7.3 | 3.8 | 10.3 | 13.3 | 22.1% |
| Malaysia | 2.3 | 1.7 | 2.4 | 4.1 | 21.3% |
| Singapore | 1.0 | 0.8 | 1.2 | 2.2 | 30.1% |
| Italy | 0.7 | 1.1 | 1.5 | 1.8 | 37.0% |
| Cote d'Ivoire | 0.1 | N/A | 0.2 | 0.5 | 71.0% |
| Sri Lanka | 0.4 | 0.3 | 0.3 | N/A | -13.4% |
| Others | 0.8 | 0.9 | 0.8 | 0.1 | -50.0% |
| Total | 12.6 | 8.7 | 16.6 | 22.0 | 20.4% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to India in 2022:
- Ghana (4.0K tons)
- Malaysia (1.2K tons)
- Singapore (0.4K tons)
- Italy (0.2K tons)
- Cote d'Ivoire (0.2K tons)
Exports of Cocoa; Paste; Whether or Not Defatted in India
In 2022, exports of cocoa; paste; whether or not defatteds from India was estimated at 55 tons, picking up by 8.9% on 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 246%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of cocoa; paste; whether or not defatteds shrank rapidly to $150K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 176%.
| Export of Cocoa; Paste; Whether or Not Defatted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 6.2 | 69.7 | 107 | 107 | 158.4% |
| Somalia | N/A | N/A | N/A | 27.5 | 0% |
| Germany | 4.5 | 9.3 | 8.9 | N/A | 40.6% |
| Mozambique | 14.6 | 39.6 | 9.6 | N/A | -18.9% |
| Malaysia | 33.3 | 41.7 | 78.5 | N/A | 53.5% |
| Australia | 1.5 | 27.0 | 58.4 | N/A | 524.0% |
| Others | 20.4 | 35.1 | 25.3 | 15.4 | -8.9% |
| Total | 80.6 | 222 | 287 | 150 | 23.0% |
Top Export Markets for Cocoa; Paste; Whether or Not Defatted from India in 2022:
- Somalia (26.8 tons)
- Kenya (26.5 tons)
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This report provides an in-depth analysis of the cocoa paste market in India.
771
This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in India.
771
This report provides an in-depth analysis of the global cocoa paste market.
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Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1163
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
779
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
1925
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1058
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