Price for Cocoa; Paste, Wholly or Partly Defatted in Bangladesh - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Bangladesh (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Bangladesh
Price for Cocoa; Paste, Wholly or Partly Defatted in Bangladesh (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $4,227 per ton, with an increase of 13% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 102%. Over the period under review, average import prices attained the peak figure at $5,037 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($4,865 per ton), while the price for Turkey stood at $1,322 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Bangladesh
After two years of decline, overseas purchases of cocoa; paste, wholly or partly defatted increased by 26% to 51 tons in 2022. Overall, imports, however, saw a precipitous slump.
In value terms, imports of cocoa; paste, wholly or partly defatted soared to $214K in 2022. Over the period under review, imports, however, saw a abrupt decline.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 340 | 264 | 137 | 202 | -15.9% |
| Turkey | 14.3 | 14.3 | 13.9 | 12.1 | -5.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 355 | 278 | 151 | 214 | -15.5% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Bangladesh in 2022:
- Malaysia (41.6 tons)
- Turkey (9.1 tons)
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