Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Chile - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Chile (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Chile (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Chile
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Chile
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Chile (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $6,032 per ton, remaining stable against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 90% against the previous year. The import price peaked at $7,522 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($36,000 per ton), while the price for Peru ($5,757 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Chile (FOB) - 2022
In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $4,695 per ton, with an increase of 5.5% against the previous year. In general, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 85%. As a result, the export price reached the peak level of $6,295 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +7.4% per year.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Chile
In 2022, after three years of growth, there was significant decline in overseas purchases of cocoa beans; whole or broken, raw or roasteds, when their volume decreased by -38.6% to 13 tons. In general, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of 40%.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds declined sharply to $76K in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 41%. As a result, imports attained the peak of $130K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 56.0 | 72.7 | 68.2 | 42.3 | -8.9% |
| Ecuador | 25.5 | 50.3 | 48.2 | 25.0 | -0.7% |
| France | N/A | N/A | N/A | 4.4 | 0% |
| Colombia | 4.6 | 3.0 | 1.1 | 3.0 | -13.3% |
| Others | 6.3 | 3.9 | 6.3 | 1.4 | -39.4% |
| Total | 92.3 | 130 | 124 | 76.2 | -6.2% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Chile in 2022:
- Peru (7.4 tons)
- Ecuador (4.2 tons)
- Colombia (0.5 tons)
- France (0.4 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Chile
In 2022, shipments abroad of cocoa beans; whole or broken, raw or roasteds decreased by -0.9% to 25 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,052%. As a result, the exports reached the peak of 33 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds reached $118K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 695%. As a result, the exports reached the peak of $137K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 13.2 | 135 | 111 | 116 | 106.4% |
| Others | 4.0 | 1.8 | 2.1 | 2.1 | -19.3% |
| Total | 17.2 | 137 | 113 | 118 | 90.0% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Chile in 2022:
- Italy (24.7 tons)
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