Price for Cocoa; Paste, Wholly or Partly Defatted in Bulgaria - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Bulgaria (CIF) - 2023
- Price for Cocoa; Paste, Wholly or Partly Defatted in Bulgaria (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Bulgaria
- Exports of Cocoa; Paste, Wholly or Partly Defatted in Bulgaria
Price for Cocoa; Paste, Wholly or Partly Defatted in Bulgaria (CIF) - 2023
The average import price for cocoa; paste, wholly or partly defatted stood at $1,266 per ton in September 2023, with an increase of 148% against the previous month. Over the period under review, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in January 2023 when the average import price increased by 162% against the previous month. Over the period under review, average import prices reached the maximum at $1,621 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Cote d'Ivoire ($2,840 per ton), while the price for Ghana ($530 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa; Paste, Wholly or Partly Defatted in Bulgaria (FOB) - 2022
In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $2,369 per ton, falling by -50.2% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2016 an increase of 53% against the previous year. The export price peaked at $4,759 per ton in 2021, and then declined significantly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($2,292 per ton), while the average price for exports to the Netherlands amounted to $1,955 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+17.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Bulgaria
In 2022, approx. 4.5K tons of cocoa; paste, wholly or partly defatted were imported into Bulgaria; jumping by 63% compared with the previous year. In general, imports, however, continue to indicate a deep setback.
In value terms, imports of cocoa; paste, wholly or partly defatted surged to $3.7M in 2022. Overall, imports, however, continue to indicate a abrupt curtailment.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 3.6 | 2.8 | 1.6 | 2.1 | -16.4% |
| Netherlands | 0.7 | N/A | 0.1 | 1.2 | 19.7% |
| United States | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Indonesia | 0.8 | 4.1 | 0.1 | N/A | -64.6% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 5.2 | 7.6 | 1.9 | 3.7 | -10.7% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Bulgaria in 2022:
- Ghana (3.5K tons)
- Netherlands (0.7K tons)
- United States (0.3K tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in Bulgaria
Exports of cocoa; paste, wholly or partly defatted from Bulgaria surged to 116 tons in 2022, jumping by 10,237% on the year before. In general, exports posted 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; paste, wholly or partly defatted skyrocketed to $274K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cocoa; Paste, Wholly or Partly Defatted in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 248 | 0% |
| Netherlands | N/A | N/A | N/A | 11.9 | 0% |
| North Macedonia | 6.5 | N/A | N/A | N/A | 0% |
| Romania | 37.2 | N/A | N/A | N/A | 0% |
| Others | 5.4 | 1.8 | 5.3 | 14.6 | 39.3% |
| Total | 49.1 | 1.8 | 5.3 | 274 | 77.4% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Bulgaria in 2022:
- Turkey (108.0 tons)
- Netherlands (6.1 tons)
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This report provides an in-depth analysis of the cocoa paste market in Bulgaria.
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This report provides an in-depth analysis of the global cocoa paste market.
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This report provides an in-depth analysis of the cocoa paste market in Bulgaria.
759
This report provides an in-depth analysis of the global cocoa paste market.
1122
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In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
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In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1038
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
1122
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
754
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
1856
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1038
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
