Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia - 2023
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia (CIF) - 2023
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia (CIF) - 2023
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $3,222 per ton in August 2023, approximately reflecting the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in June 2023 an increase of 23% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($5,980 per ton), while the price for Austria amounted to $3,209 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.2%).
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $9,674 per ton in 2022, which is down by -36.5% against the previous year. In general, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2015 an increase of 276%. Over the period under review, the average export prices hit record highs at $16,923 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($13,152 per ton), while the average price for exports to Germany ($5,329 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia
In 2022, imports of cocoa beans; whole or broken, raw or roasteds into Croatia soared to 2.1K tons, surging by 32% compared with the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds soared to $5M in 2022. The total import value increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 42%. As a result, imports reached the peak of $5.1M. 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 Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | 0.4 | 0.6 | 2.6 | 155.0% |
| Netherlands | 3.1 | 4.5 | 3.6 | 2.3 | -9.5% |
| Others | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
| Total | 3.6 | 5.1 | 4.3 | 5.0 | 11.6% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Croatia in 2022:
- Austria (1125.0 tons)
- Netherlands (934.5 tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia
In 2022, the amount of cocoa beans; whole or broken, raw or roasteds exported from Croatia surged to 435 kg, with an increase of 62% against 2021 figures. Over the period under review, exports, however, continue to indicate a dramatic decrease.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds rose modestly to $4.2K in 2022. In general, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 113%.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 0.1 | N/A | 1.7 | 2.6 | 196.2% |
| Montenegro | 2.2 | 1.5 | 2.2 | 1.0 | -23.1% |
| Germany | N/A | N/A | N/A | 0.4 | 0% |
| Bosnia and Herzegovina | 1.2 | 0.3 | 0.2 | 0.1 | -56.3% |
| France | 30.6 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 34.1 | 1.9 | 4.1 | 4.2 | -50.2% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Croatia in 2022:
- Slovenia (273.0 kg)
- Montenegro (79.0 kg)
- Germany (70.0 kg)
- Bosnia and Herzegovina (7.0 kg)
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This report provides an in-depth analysis of the cocoa bean market in Croatia.
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This report provides an in-depth analysis of the global cocoa bean market.
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