Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Belarus - 2022

Contents:

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

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $370 per ton, falling by -19% against the previous year. In general, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 an increase of 27%. The import price peaked at $889 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.4% per year.

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

In 2022, the average export price for cocoa; shells, husks, skins and other cocoa wastes amounted to $214 per ton, waning by -13.9% against the previous year. Overall, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $495 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($229 per ton), while the average price for exports to Russia amounted to $172 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-4.3%).

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

In 2022, supplies from abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -33.3% to 29 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a deep downturn. The growth pace was the most rapid in 2020 with an increase of 84% against the previous year. As a result, imports attained the peak of 65 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes shrank remarkably to $11K in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, imports attained the peak of $27K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Russia (29.2 tons)

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

In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Belarus totaled 30 tons, surging by 2.5% compared with the previous year's figure. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 350%. As a result, the exports attained the peak of 31 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes fell to $6.4K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 192%.

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

1. Ukraine (21.7 tons)
2. Russia (8.2 tons)

Source: IndexBox Market Intelligence Platform