Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus - 2022

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus (CIF) - 2022
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus (CIF) - 2022

The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,629 per ton in March 2022, rising by 2.1% against the previous month. Overall, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in July 2021 an increase of 10% against the previous month. Over the period under review, average import prices hit record highs at $3,075 per ton in March 2021; however, from April 2021 to March 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Cote d'Ivoire ($2,659 per ton), while the price for Guinea stood at $2,515 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus (FOB) - 2022

In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $2,539 per ton, picking up by 6.1% against the previous year. In general, the export price recorded strong growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 149% against the previous year. The export price peaked at $4,103 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +153.9% per year.

Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus

In 2022, the amount of cocoa beans; whole or broken, raw or roasteds imported into Belarus dropped modestly to 6.5K tons, shrinking by -4.2% against the year before. Overall, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 1.8% against the previous year.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds contracted to $17M in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 2.6%.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire10.57.06.66.1-16.6%
Estonia2.14.95.95.840.3%
Ghana7.25.45.04.5-14.5%
Nigeria0.10.50.50.681.7%
Others0.10.70.80.344.2%
Total20.118.418.917.2-5.1%

Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Belarus in 2022:

  1. Cote d'Ivoire (2.2K tons)
  2. Estonia (2.2K tons)
  3. Ghana (1.7K tons)
  4. Nigeria (0.2K tons)

Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus

In 2022, approx. 3.6 tons of cocoa beans; whole or broken, raw or roasteds were exported from Belarus; jumping by 98% compared with 2021 figures. Overall, exports continue to indicate significant growth. 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 soared to $9K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Belarus (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
FranceN/A9.00%
Estonia2.3N/A0%
Lithuania2.0N/A0%
OthersN/AN/A0%
Total4.39.0109.3%

Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Belarus in 2022:

  1. France (3.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa beans; whole or broken, raw or roasted - Belarus