Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Hungary - 2023

Contents:

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

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $17,169 per ton, shrinking by -6.8% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 188%. The import price peaked at $18,596 per ton in 2018; however, from 2019 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +14.4% per year.

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $4,289 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2021 a decrease of 99.9%. The export price peaked at $4,500 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -21.7% per year.

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into Hungary skyrocketed to 439 kg, picking up by 218% against the year before. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 2,381%. As a result, imports reached the peak of 769 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes surged to $7.5K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 795%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

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

1. Germany (437.0 kg)

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

In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Hungary stood at 1.1 tons, remaining constant against 2021 figures. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes stood at $4.6K in 2022. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Netherlands (1.1 tons)

Source: IndexBox Market Intelligence Platform