Price for Cocoa; Paste; Whether or Not Defatted in Nepal - 2022

Contents:

  1. Price for Cocoa; Paste; Whether or Not Defatted in Nepal (CIF) - 2022
  2. Imports of Cocoa; Paste; Whether or Not Defatted in Nepal

Price for Cocoa; Paste; Whether or Not Defatted in Nepal (CIF) - 2022

In 2022, the average import price for cocoa; paste; whether or not defatteds amounted to $4,935 per ton, dropping by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2014 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $5,131 per ton in 2021, and then declined in the following year.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +77.7% per year.

Imports of Cocoa; Paste; Whether or Not Defatted in Nepal

Imports of cocoa; paste; whether or not defatteds into Nepal surged to 2.1 tons in 2022, jumping by 470% against 2021. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cocoa; paste; whether or not defatteds surged to $11K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cocoa; Paste; Whether or Not Defatted in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.13.01.610.550.2%
India0.81.90.3N/A-38.8%
OthersN/AN/AN/AN/A0%
Total3.94.91.910.539.1%

Top Suppliers of Cocoa; Paste; Whether or Not Defatted to Nepal in 2022:

  1. Malaysia (2.1 tons)

Source: IndexBox Market Intelligence Platform

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