Price for Cocoa; Paste; Whether or Not Defatted in Ethiopia - 2022
Contents:
- Price for Cocoa; Paste; Whether or Not Defatted in Ethiopia (CIF) - 2022
- Imports of Cocoa; Paste; Whether or Not Defatted in Ethiopia
Price for Cocoa; Paste; Whether or Not Defatted in Ethiopia (CIF) - 2022
In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $4,238 per ton, surging by 5.6% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa; paste; whether or not defatteds increased by +11.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 64%. Over the period under review, average import prices hit record highs at $6,074 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.8% per year.
Imports of Cocoa; Paste; Whether or Not Defatted in Ethiopia
For the third year in a row, Ethiopia recorded decline in overseas purchases of cocoa; paste; whether or not defatteds, which decreased by -38.6% to 1.5 tons in 2022. In general, imports showed a precipitous contraction. The smallest decline of -21.7% was in 2020.
In value terms, imports of cocoa; paste; whether or not defatteds fell remarkably to $6.4K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of -19.5% was in 2020.
| Import of Cocoa; Paste; Whether or Not Defatted in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | 0.9 | 6.2 | 588.9% |
| China | 15.2 | 0.9 | 9.0 | N/A | -23.1% |
| Nigeria | N/A | 11.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 15.2 | 12.2 | 9.9 | 6.4 | -25.0% |
Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Ethiopia in 2022:
- Turkey (1500.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Ethiopia.
782
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 Ethiopia.
782
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.
1195
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 ...
785
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...
1962
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