Price for Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $3,398 per ton in 2022, with an increase of 7.5% against the previous year. In general, the import price, however, recorded a perceptible downturn. The growth pace was the most rapid in 2020 an increase of 28% against the previous year. The import price peaked at $6,295 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ghana ($7,686 per ton), while the price for Uganda ($2,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $2,004 per ton, reducing by -82.3% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 154% against the previous year. As a result, the export price attained the peak level of $11,333 per ton, and then fell notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($12,654 per ton), while the average price for exports to Saint Helena, Ascension and Tristan da Cunha ($978 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa
In 2022, imports of cocoa beans; whole or broken, raw or roasteds into South Africa surged to 181 tons, rising by 48% compared with the previous year. Overall, imports recorded a slight expansion. The pace of growth appeared the most rapid in 2021 with an increase of 63%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds skyrocketed to $616K in 2022. Over the period under review, imports saw measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 183 | 156 | 101 | 176 | -1.3% |
| Tanzania | 109 | 18.0 | 65.8 | 168 | 15.5% |
| Panama | 51.6 | 49.6 | 117 | 138 | 38.8% |
| Ghana | N/A | N/A | N/A | 58.5 | 0% |
| Peru | 92.0 | 28.2 | 19.4 | 47.5 | -19.8% |
| Swaziland | 24.5 | 0.7 | 8.4 | N/A | -41.4% |
| Kenya | N/A | N/A | 46.2 | N/A | 0% |
| Others | 102 | 55.4 | 31.5 | 26.9 | -35.9% |
| Total | 563 | 308 | 389 | 616 | 3.0% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to South Africa in 2022:
- Uganda (78.8 tons)
- Tanzania (52.3 tons)
- Panama (32.0 tons)
- Peru (7.9 tons)
- Ghana (7.6 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa
In 2022, exports of cocoa beans; whole or broken, raw or roasteds from South Africa skyrocketed to 5.3 tons, picking up by 205% on the year before. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds dropped dramatically to $11K in 2022. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 103%.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 0.9 | 7.4 | 0.5 | 4.4 | 69.7% |
| Saint Helena, Ascension and Tristan da Cunha | N/A | N/A | N/A | 2.5 | 0% |
| Botswana | N/A | N/A | 11.9 | 1.9 | -84.0% |
| Namibia | 1.5 | 2.6 | 1.5 | 1.3 | -4.7% |
| Zimbabwe | N/A | 0.9 | N/A | N/A | 0% |
| Lesotho | 0.2 | 0.3 | 4.6 | N/A | 379.6% |
| Denmark | 5.6 | N/A | N/A | N/A | 0% |
| Angola | N/A | 4.1 | N/A | N/A | 0% |
| Others | 0.8 | 3.0 | 1.2 | 0.6 | -9.1% |
| Total | 9.0 | 18.3 | 19.8 | 10.7 | 5.9% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from South Africa in 2022:
- Saint Helena, Ascension and Tristan da Cunha (2505.0 kg)
- Swaziland (2424.0 kg)
- Namibia (161.0 kg)
- Botswana (153.0 kg)
- Zimbabwe (1.0 kg)
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