Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey - 2023

Contents:

1. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey (CIF) - 2022
2. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey (FOB) - 2022
3. Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey
4. Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey (CIF) - 2022

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $246 per ton in 2022, rising by 31% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ghana ($266 per ton), while the price for Bulgaria ($205 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey (FOB) - 2022

In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $3,978 per ton, surging by 613% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. The export price peaked at $14,400 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($4,983 per ton), while the average price for exports to Cyprus stood at $1,804 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+346.5%).

Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey

In 2022, imports of cocoa; shells, husks, skins and other cocoa wastes into Turkey dropped remarkably to 1.7K tons, falling by -26.2% against 2021 figures. Overall, imports faced a sharp descent.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes dropped slightly to $425K in 2022. Over the period under review, imports continue to indicate a dramatic slump.

Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Turkey in 2022:

1. Bulgaria (818.8 tons)
2. Ghana (794.1 tons)
3. Nigeria (97.9 tons)

Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Turkey

In 2022, approx. 451 kg of cocoa; shells, husks, skins and other cocoa wastes were exported from Turkey; with a decrease of -98.2% against 2021 figures. In general, exports saw a sharp curtailment. The smallest decline of -95.3% was in 2021.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes shrank sharply to $1.8K in 2022. Overall, exports saw a sharp slump. The smallest decline of -84.9% was in 2021.

Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from Turkey in 2022:

1. Qatar (301.0 kg)
2. Cyprus (138.0 kg)

Source: IndexBox Market Intelligence Platform