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

Contents:

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

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $2,201 per ton in 2022, which is down by -19.3% against the previous year. Over the period under review, the export price, however, posted strong growth. The growth pace was the most rapid in 2015 when the average export price increased by 207% against the previous year. The export price peaked at $2,728 per ton in 2021, and then contracted dramatically in the following year.

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 Germany ($2,585 per ton), while the average price for exports to Belgium ($322 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 the Netherlands (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cocoa; shells, husks, skins and other cocoa wastes stood at $174 per ton in 2022, declining by -5.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $209 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($250 per ton), while the price for Spain ($111 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of cocoa; shells, husks, skins and other cocoa wastes decreased by -12% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes declined remarkably to $4.2M in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 167% against the previous year.

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

1. Germany (1164.8 tons)
2. Netherlands (447.5 tons)
3. Belgium (217.5 tons)
4. Spain (81.9 tons)

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into France dropped slightly to 14K tons, shrinking by -3.3% compared with the previous year. In general, imports continue to indicate a abrupt decline. The smallest decline of -2.2% was in 2020.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes fell to $2.4M in 2022. Overall, imports saw a mild decline. The pace of growth appeared the most rapid in 2021 with an increase of 2.3%. As a result, imports reached the peak of $2.6M, and then declined in the following year.

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

1. Belgium (6.1K tons)
2. Netherlands (4.5K tons)
3. Spain (1.8K tons)
4. Germany (1.2K tons)

Source: IndexBox Market Intelligence Platform