Price for Cocoa; Paste, Not Defatted in Luxembourg - 2023
Contents:
- Price for Cocoa; Paste, Not Defatted in Luxembourg (CIF) - 2022
- Price for Cocoa; Paste, Not Defatted in Luxembourg (FOB) - 2022
- Imports of Cocoa; Paste, Not Defatted in Luxembourg
- Exports of Cocoa; Paste, Not Defatted in Luxembourg
Price for Cocoa; Paste, Not Defatted in Luxembourg (CIF) - 2022
In 2022, the average cocoa; paste, not defatted import price amounted to $15,543 per ton, growing by 2.3% against the previous year. Over the period under review, the import price saw strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 75%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($58,074 per ton), while the price for France ($14,272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Not Defatted in Luxembourg (FOB) - 2022
In 2022, the average cocoa; paste, not defatted export price amounted to $8,314 per ton, almost unchanged from the previous year. Over the period under review, the export price enjoyed a measured expansion. The growth pace was the most rapid in 2019 an increase of 44% against the previous year. The export price peaked at $8,586 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +16.7% per year.
Imports of Cocoa; Paste, Not Defatted in Luxembourg
In 2022, purchases abroad of cocoa; paste, not defatteds decreased by -52.8% to 442 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 2.9% against the previous year. As a result, imports reached the peak of 4.1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cocoa; paste, not defatted imports declined remarkably to $6.9K in 2022. In general, imports saw a sharp shrinkage. The smallest decline of -3.9% was in 2020.
| Import of Cocoa; Paste, Not Defatted in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 21.0 | 3.4 | 8.4 | 3.3 | -46.0% |
| Belgium | 15.2 | 30.0 | 0.7 | 1.6 | -52.8% |
| Switzerland | 0.5 | 1.7 | 3.0 | 1.5 | 44.2% |
| United States | 0.3 | N/A | N/A | 0.4 | 10.1% |
| Others | 0.2 | 0.6 | 2.1 | N/A | 224.0% |
| Total | 37.1 | 35.7 | 14.2 | 6.9 | -42.9% |
Top Suppliers of Cocoa; Paste, Not Defatted to Luxembourg in 2022:
- France (234.0 kg)
- Switzerland (103.0 kg)
- Belgium (98.0 kg)
- United States (7.0 kg)
Exports of Cocoa; Paste, Not Defatted in Luxembourg
For the third year in a row, Luxembourg recorded decline in overseas shipments of cocoa; paste, not defatteds, which decreased by 0% to 16 kg in 2022. In general, exports recorded a sharp downturn. The smallest decline of -99.8% was in 2020.
In value terms, cocoa; paste, not defatted exports stood at $130 in 2022. Overall, exports faced a sharp setback. The smallest decline of -99.8% was in 2020.
| Export of Cocoa; Paste, Not Defatted in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Germany | 1.1 | N/A | N/A | N/A | 0% |
| Belgium | 132 | 0.3 | N/A | N/A | -99.8% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 134 | 0.3 | N/A | 0.1 | -90.9% |
Top Export Markets for Cocoa; Paste, Not Defatted from Luxembourg in 2022:
- Netherlands (16.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Luxembourg.
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This report provides an in-depth analysis of the cocoa paste market in Luxembourg.
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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.
1165
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...
1926
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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In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
