Price for Cocoa; Paste, Wholly or Partly Defatted in Nepal - 2022
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in Nepal (CIF) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in Nepal
Price for Cocoa; Paste, Wholly or Partly Defatted in Nepal (CIF) - 2022
In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $3,018 per ton, picking up by 5.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 88%. Over the period under review, average import prices reached the maximum at $4,027 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.1% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in Nepal
In 2022, imports of cocoa; paste, wholly or partly defatted into Nepal reduced remarkably to 282 kg, with a decrease of -42.4% against 2021. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 553%. As a result, imports reached the peak of 490 kg, and then dropped significantly in the following year.
In value terms, imports of cocoa; paste, wholly or partly defatted reduced dramatically to $851 in 2022. Overall, imports recorded a sharp setback. The growth pace was the most rapid in 2021 with an increase of 364% against the previous year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.9 | 0.3 | 1.4 | 0.9 | -22.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 0.3 | 1.4 | 0.9 | -22.0% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Nepal in 2022:
- India (282.0 kg)
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This report provides an in-depth analysis of the cocoa paste market in Nepal.
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This report provides an in-depth analysis of the cocoa paste market in Nepal.
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This report provides an in-depth analysis of the global cocoa paste market.
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