Price for Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates - 2022

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates (CIF) - 2022
  2. Price for Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates (FOB) - 2022
  3. Imports of Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates
  4. Exports of Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates

Price for Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $1,918 per ton, which is down by -52.3% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum at $5,760 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,765 per ton), while the price for Turkey ($1,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates (FOB) - 2022

The average export price for cocoa; paste, wholly or partly defatted stood at $3,497 per ton in 2022, surging by 43% against the previous year. Over the period under review, the export price continues to indicate temperate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 52%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($5,530 per ton), while the average price for exports to Oman ($975 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+137.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates

Imports of cocoa; paste, wholly or partly defatted into the United Arab Emirates surged to 2.8K tons in 2022, increasing by 6,114% compared with 2021 figures. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cocoa; paste, wholly or partly defatted surged to $5.4M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey13.10.827.62,294459.5%
Germany82.62.111.91,460160.5%
PolandN/AN/A21.61,2905872.2%
Ghana70817.478.2N/A-66.8%
Others1990.943.738124.2%
Total1,00221.21835,42575.6%

Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to the United Arab Emirates in 2022:

  1. Turkey (1660.3 tons)
  2. Germany (624.0 tons)
  3. Poland (466.5 tons)

Exports of Cocoa; Paste, Wholly or Partly Defatted in the United Arab Emirates

In 2022, exports of cocoa; paste, wholly or partly defatted from the United Arab Emirates surged to 1.3K tons, jumping by 17,153% on the previous year. Over the period under review, exports saw 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; paste, wholly or partly defatted soared to $4.4M in 2022. In general, exports showed 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 the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SomaliaN/AN/A0.21,176587900.0%
Saudi ArabiaN/A0.11.17638635.0%
IndiaN/AN/A0.3590196566.7%
IraqN/AN/AN/A4770%
PakistanN/AN/AN/A3160%
South SudanN/AN/AN/A2520%
Sudan0.10.10.62381235.1%
GermanyN/AN/AN/A1290%
PolandN/AN/A0.395.031566.7%
Iran6.85.714.094.2140.2%
NigeriaN/AN/AN/A80.40%
OmanN/AN/AN/A42.10%
Others0.10.11.2120962.7%
Total7.06.117.74,373754.9%

Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from the United Arab Emirates in 2022:

  1. Somalia (288.2 tons)
  2. Iraq (244.2 tons)
  3. Saudi Arabia (180.7 tons)
  4. India (171.7 tons)
  5. Pakistan (78.4 tons)
  6. Sudan (49.5 tons)
  7. Germany (47.4 tons)
  8. South Sudan (45.6 tons)
  9. Oman (43.2 tons)
  10. Iran (25.4 tons)
  11. Poland (23.7 tons)
  12. Nigeria (19.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa; paste, wholly or partly defatted - United Arab Emirates