Price for Cocoa; Paste, Wholly or Partly Defatted in Romania - 2023

Contents:

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

Price for Cocoa; Paste, Wholly or Partly Defatted in Romania (CIF) - 2022

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $4,054 per ton, approximately equating the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cocoa; paste, wholly or partly defatted decreased by -17.9% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 134% against the previous year. As a result, import price reached the peak level of $7,053 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,838 per ton) and the Netherlands ($4,368 per ton), while the price for Poland ($3,536 per ton) and Belgium ($3,655 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Cocoa; Paste, Wholly or Partly Defatted in Romania (FOB) - 2022

In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $3,140 per ton, shrinking by -4% against the previous year. Over the period under review, the export price saw a mild slump. The pace of growth was the most pronounced in 2019 an increase of 100%. As a result, the export price reached the peak level of $7,357 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,831 per ton), while the average price for exports to France ($2,375 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 Greece (+86.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cocoa; Paste, Wholly or Partly Defatted in Romania

After three years of growth, supplies from abroad of cocoa; paste, wholly or partly defatted decreased by -53.8% to 19 tons in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 171%.

In value terms, imports of cocoa; paste, wholly or partly defatted dropped rapidly to $75K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 124%.

Import of Cocoa; Paste, Wholly or Partly Defatted in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.638.511142.3313.1%
PolandN/AN/A13.714.23.6%
BulgariaN/AN/A8.212.957.3%
BelgiumN/AN/A3.52.6-25.7%
Germany39.855.90.72.5-60.2%
GreeceN/AN/A20.30.6-97.0%
Others1.90.63.90.3-46.0%
Total42.395.016175.221.1%

Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to Romania in 2022:

  1. Netherlands (9.7 tons)
  2. Poland (4.0 tons)
  3. Bulgaria (3.5 tons)
  4. Belgium (0.7 tons)
  5. Germany (0.5 tons)
  6. Greece (0.2 tons)

Exports of Cocoa; Paste, Wholly or Partly Defatted in Romania

In 2022, approx. 634 kg of cocoa; paste, wholly or partly defatted were exported from Romania; picking up by 21% compared with the year before. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 454%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of cocoa; paste, wholly or partly defatted surged to $2K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 201%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Cocoa; Paste, Wholly or Partly Defatted in Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A3121,5911,02681.3%
United KingdomN/A159N/A927141.5%
FranceN/AN/A12038.0-68.3%
Cyprus20297.0N/AN/A-52.0%
Others4.01.0N/AN/A-75.0%
Total2065691,7111,991113.0%

Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from Romania in 2022:

  1. Hungary (376.0 kg)
  2. United Kingdom (242.0 kg)
  3. France (16.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa; paste, wholly or partly defatted - Romania