Price for Cocoa; Paste; Whether or Not Defatted in Uzbekistan - 2023

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Uzbekistan (CIF) - 2022
  2. Imports of Cocoa; Paste; Whether or Not Defatted in Uzbekistan

Price for Cocoa; Paste; Whether or Not Defatted in Uzbekistan (CIF) - 2022

The average import price for cocoa; paste; whether or not defatteds stood at $3,475 per ton in 2022, dropping by -4.4% against the previous year. In general, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2020 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure at $3,634 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($4,480 per ton), while the price for Latvia ($2,507 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cocoa; Paste; Whether or Not Defatted in Uzbekistan

In 2022, supplies from abroad of cocoa; paste; whether or not defatteds decreased by -8.3% to 201 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. As a result, imports attained the peak of 374 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cocoa; paste; whether or not defatteds dropped to $697K in 2022. In general, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 100% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cocoa; Paste; Whether or Not Defatted in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey26.827.97.118289.4%
Latvia23.565.861.217093.4%
Estonia16.461.4125165115.9%
Malaysia26.418077.489.650.3%
Netherlands13277.381.736.9-34.6%
Cote d'Ivoire28.831.718.535.37.0%
Ghana31.212311718.2-16.4%
Spain17.240.740.0N/A52.5%
Lithuania45.364.139.9N/A-6.1%
Others232490227N/A-1.1%
Total5801,1627956976.3%

Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Uzbekistan in 2022:

  1. Latvia (68.0 tons)
  2. Turkey (48.0 tons)
  3. Estonia (40.0 tons)
  4. Malaysia (20.0 tons)
  5. Netherlands (10.0 tons)
  6. Cote d'Ivoire (9.6 tons)
  7. Ghana (5.0 tons)

Source: IndexBox Market Intelligence Platform

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