Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Finland - 2023

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Finland (CIF) - 2022
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Finland (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Finland
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Finland

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Finland (CIF) - 2022

The average import price for cocoa beans; whole or broken, raw or roasteds stood at $6,159 per ton in 2022, with a decrease of -3.7% against the previous year. In general, the import price showed a deep downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 7.8%. The import price peaked at $13,186 per ton in 2012; however, from 2013 to 2022, 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 Ecuador ($14,468 per ton), while the price for the Netherlands ($5,756 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Finland (FOB) - 2022

The average export price for cocoa beans; whole or broken, raw or roasteds stood at $14,303 per ton in 2022, which is down by -10% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $26,977 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($14,667 per ton), while the average price for exports to Sweden stood at $14,447 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-1.8%), while the prices for the other major destinations experienced a decline.

Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Finland

Imports of cocoa beans; whole or broken, raw or roasteds into Finland fell significantly to 37 tons in 2022, declining by -24.8% against 2021 figures. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 51%.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds contracted dramatically to $230K in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia9.1153271198179.2%
EcuadorN/A1.4N/A14.4220.7%
NetherlandsN/A15.46.28.0-27.9%
Peru42215.431.4N/A-72.7%
Others2.527.99.69.857.7%
Total434213318230-19.1%

Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Finland in 2022:

  1. Estonia (34.2 tons)
  2. Netherlands (1.4 tons)
  3. Ecuador (1.0 tons)

Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Finland

In 2022, the amount of cocoa beans; whole or broken, raw or roasteds exported from Finland reduced to 122 kg, with a decrease of -11.6% against 2021 figures. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 160%. As a result, the exports reached the peak of 138 kg, and then shrank in the following year.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds reduced sharply to $1.7K in 2022. Overall, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 173% against the previous year. As a result, the exports reached the peak of $2.2K, and then contracted markedly in the following year.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A1,8071,647-8.9%
Estonia69657919588.0-49.8%
Russia97.01883.0N/A-82.4%
Lebanon269N/AN/AN/A0%
Czech RepublicN/A32.0189N/A490.6%
OthersN/A6.0N/A10.029.1%
Total1,0628052,1941,74518.0%

Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Finland in 2022:

  1. Sweden (114.0 kg)
  2. Estonia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa beans; whole or broken, raw or roasted - Finland