Price for Cocoa; Paste, Not Defatted in Hong Kong SAR - 2021
Contents:
- Price for Cocoa; Paste, Not Defatted in Hong Kong SAR (CIF) - 2022
- Imports of Cocoa; Paste, Not Defatted in Hong Kong SAR
Price for Cocoa; Paste, Not Defatted in Hong Kong SAR (CIF) - 2022
The average cocoa; paste, not defatted import price stood at $4,539 per ton in 2022, with a decrease of -2.9% against the previous year. In general, the import price continues to indicate a slight decline. The pace of growth was the most pronounced in 2014 an increase of 11% against the previous year. As a result, import price reached the peak level of $5,989 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ecuador ($13,727 per ton), while the price for Malaysia ($4,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+11.7%), while the prices for the other major suppliers experienced a decline.
Imports of Cocoa; Paste, Not Defatted in Hong Kong SAR
Cocoa; paste, not defatted imports into Hong Kong SAR shrank rapidly to 127 tons in 2022, with a decrease of -30% on the previous year. Overall, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of 150% against the previous year. As a result, imports attained the peak of 181 tons, and then dropped sharply in the following year.
In value terms, cocoa; paste, not defatted imports contracted sharply to $575K in 2022. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 179%. As a result, imports attained the peak of $846K, and then dropped significantly in the following year.
| Import of Cocoa; Paste, Not Defatted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 314 | 202 | 250 | 375 | 6.1% |
| United States | 58.5 | 63.7 | 86.3 | 146 | 35.6% |
| Indonesia | 6.2 | 9.4 | 9.7 | 13.7 | 30.2% |
| Singapore | N/A | N/A | 85.0 | N/A | 0% |
| Others | 23.9 | 28.9 | 415 | 40.9 | 19.6% |
| Total | 403 | 304 | 846 | 575 | 12.6% |
Top Suppliers of Cocoa; Paste, Not Defatted to Hong Kong SAR in 2022:
- Malaysia (89.7 tons)
- United States (30.3 tons)
- Indonesia (3.0 tons)
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This report provides an in-depth analysis of the cocoa paste market in Hong Kong SAR, China.
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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 Hong Kong SAR, China.
766
This report provides an in-depth analysis of the global cocoa paste market.
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