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

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Poland (CIF) - 2023
  2. Price for Cocoa; Paste; Whether or Not Defatted in Poland (FOB) - 2023
  3. Imports of Cocoa; Paste; Whether or Not Defatted in Poland
  4. Exports of Cocoa; Paste; Whether or Not Defatted in Poland

Price for Cocoa; Paste; Whether or Not Defatted in Poland (CIF) - 2023

The average import price for cocoa; paste; whether or not defatteds stood at $3,753 per ton in October 2023, reducing by -23.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in September 2023 an increase of 11% month-to-month. As a result, import price reached the peak level of $4,903 per ton, and then reduced markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($5,614 per ton), while the price for Ghana ($3,326 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cocoa; Paste; Whether or Not Defatted in Poland (FOB) - 2023

The average export price for cocoa; paste; whether or not defatteds stood at $4,916 per ton in October 2023, with an increase of 4.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The pace of growth was the most pronounced in January 2023 an increase of 12% against the previous month. The export price peaked in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($9,447 per ton), while the average price for exports to Ukraine stood at $4,147 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cocoa; paste; whether or not defatteds into Poland amounted to 52K tons in 2022, with an increase of 7.9% on the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 15%. As a result, imports attained the peak of 60K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cocoa; paste; whether or not defatteds shrank modestly to $174M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 28%. As a result, imports reached the peak of $212M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cocoa; Paste; Whether or Not Defatted in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana39.252.843.448.67.4%
Netherlands52.356.441.236.6-11.2%
Germany25.525.930.228.84.1%
Cote d'Ivoire28.337.227.122.2-7.8%
France9.823.720.016.418.7%
Belgium3.83.42.312.649.1%
United Kingdom0.36.35.84.9153.7%
Slovakia3.14.44.33.21.1%
Others3.91.92.11.0-36.5%
Total1662121761741.6%

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

  1. Ghana (15.5K tons)
  2. Netherlands (11.0K tons)
  3. Germany (8.2K tons)
  4. Cote d'Ivoire (7.5K tons)
  5. France (4.4K tons)
  6. Belgium (3.4K tons)
  7. United Kingdom (1.3K tons)
  8. Slovakia (0.9K tons)

Exports of Cocoa; Paste; Whether or Not Defatted in Poland

In 2022, shipments abroad of cocoa; paste; whether or not defatteds decreased by -1.9% to 16K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +12.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.

In value terms, exports of cocoa; paste; whether or not defatteds contracted to $57M in 2022. The total export value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 28%.

Export of Cocoa; Paste; Whether or Not Defatted in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France31.336.638.530.0-1.4%
Italy0.1N/A1.77.9329.1%
Germany4.75.95.24.70.0%
Slovakia0.1N/AN/A3.1214.1%
LithuaniaN/AN/A0.12.62500.0%
Ukraine1.11.33.12.124.1%
Serbia1.02.44.01.821.6%
Bulgaria1.31.21.11.2-2.6%
Croatia1.00.91.30.9-3.5%
Russia0.60.31.90.3-20.6%
Others0.54.75.52.775.4%
Total41.753.462.557.211.1%

Top Export Markets for Cocoa; Paste; Whether or Not Defatted from Poland in 2022:

  1. France (7.6K tons)
  2. Italy (2.4K tons)
  3. Germany (1.3K tons)
  4. Slovakia (1.0K tons)
  5. Lithuania (0.8K tons)
  6. Bulgaria (0.8K tons)
  7. Ukraine (0.6K tons)
  8. Serbia (0.6K tons)
  9. Croatia (0.2K tons)
  10. Russia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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