Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan (FOB) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan (CIF) - 2022
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $1,594 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 0.7%. As a result, the export price attained the peak level of $4,375 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2013 to 2022, the rate of growth in terms of prices for Oman amounted to +16.5% per year.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan (CIF) - 2022
In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $6,427 per ton, increasing by 128% against the previous year. Overall, the import price showed a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Tanzania ($7,294 per ton) and the Dominican Republic ($6,121 per ton), while the price for Ghana ($5,286 per ton) and Nicaragua ($6,010 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan
In 2022, shipments abroad of cocoa beans; whole or broken, raw or roasteds decreased by 0% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2020.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds totaled $18K in 2022. Over the period under review, exports saw a sharp descent. The smallest decline of 99.9% was in 2020.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 18.2 | 0% |
| Gambia | 56.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 56.6 | N/A | N/A | 18.2 | -31.5% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Pakistan in 2022:
- United Arab Emirates (11.4 tons)
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan
In 2022, approx. 483 kg of cocoa beans; whole or broken, raw or roasteds were imported into Pakistan; falling by -99.1% compared with 2021 figures. In general, imports continue to indicate a dramatic decrease. The smallest decline of -46.3% was in 2020.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds dropped dramatically to $3.1K in 2022. Overall, imports recorded a precipitous decrease. The smallest decline of -47.4% was in 2020.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 3.4 | 1.7 | 0.5 | 1.3 | -27.4% |
| Dominican Republic | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Nicaragua | N/A | N/A | N/A | 0.6 | 0% |
| Ghana | 322 | 138 | N/A | 0.3 | -90.2% |
| Nigeria | 215 | 141 | 141 | N/A | -19.0% |
| Others | 0.1 | 2.9 | 1.1 | N/A | 231.7% |
| Total | 540 | 284 | 144 | 3.1 | -82.1% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Pakistan in 2022:
- Tanzania (180.0 kg)
- Dominican Republic (140.0 kg)
- Nicaragua (100.0 kg)
- Ghana (63.0 kg)
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This report provides an in-depth analysis of the cocoa bean market in Pakistan.
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This report provides an in-depth analysis of the cocoa bean market in Pakistan.
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This report provides an in-depth analysis of the global cocoa bean market.
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