Price for Cocoa; Paste, Not Defatted in Finland - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in Finland (CIF) - 2023
- Price for Cocoa; Paste, Not Defatted in Finland (FOB) - 2022
- Imports of Cocoa; Paste, Not Defatted in Finland
- Exports of Cocoa; Paste, Not Defatted in Finland
Price for Cocoa; Paste, Not Defatted in Finland (CIF) - 2023
The average cocoa; paste, not defatted import price stood at $4,315 per ton in August 2023, with a decrease of -7.9% against the previous month. In general, import price indicated a noticeable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, cocoa; paste, not defatted import price decreased by -7.9% against July 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 57% m-o-m. The import price peaked at $4,686 per ton in July 2023, and then shrank in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($4,528 per ton), while the price for France ($3,628 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cocoa; Paste, Not Defatted in Finland (FOB) - 2022
The average cocoa; paste, not defatted export price stood at $1,591 per ton in 2022, declining by -77% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 514%. The export price peaked at $21,482 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Switzerland ($4,465 per ton), while the average price for exports to South Korea amounted to $1,350 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.2%).
Imports of Cocoa; Paste, Not Defatted in Finland
In 2022, the amount of cocoa; paste, not defatteds imported into Finland soared to 3.5K tons, jumping by 34% compared with the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. As a result, imports attained the peak of 4.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cocoa; paste, not defatted imports reached $12M in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cocoa; Paste, Not Defatted in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.2 | 11.1 | 7.1 | 8.5 | 5.7% |
| Germany | 3.8 | 4.5 | 3.7 | 3.2 | -5.6% |
| France | 2.1 | 0.1 | N/A | N/A | -95.2% |
| Others | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Total | 13.9 | 15.7 | 10.8 | 11.7 | -5.6% |
Top Suppliers of Cocoa; Paste, Not Defatted to Finland in 2022:
- Netherlands (2.7K tons)
- Germany (0.9K tons)
Exports of Cocoa; Paste, Not Defatted in Finland
For the third year in a row, Finland recorded growth in overseas shipments of cocoa; paste, not defatteds, which increased by 8,234% to 4.9 tons in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cocoa; paste, not defatted exports skyrocketed to $7.8K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cocoa; Paste, Not Defatted in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| South Korea | N/A | N/A | 6.1 | 0% | |
| Switzerland | N/A | N/A | 1.7 | 0% | |
| Sweden | 1.2 | N/A | N/A | 0% | |
| Others | N/A | 0.4 | N/A | 0% | |
| Total | 1.2 | 0.4 | 7.8 | 155.0% | |
Top Export Markets for Cocoa; Paste, Not Defatted from Finland in 2022:
- South Korea (4.5 tons)
- Switzerland (0.4 tons)
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This report provides an in-depth analysis of the cocoa paste market in Finland.
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This report provides an in-depth analysis of the cocoa paste market in Finland.
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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.
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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 ...
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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...
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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...
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