Price for Cocoa; Paste, Not Defatted in Bahrain - 2022

Contents:

  1. Price for Cocoa; Paste, Not Defatted in Bahrain (CIF) - 2022
  2. Imports of Cocoa; Paste, Not Defatted in Bahrain

Price for Cocoa; Paste, Not Defatted in Bahrain (CIF) - 2022

In 2022, the average cocoa; paste, not defatted import price amounted to $3,806 per ton, reducing by -15.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 34%. As a result, import price attained the peak level of $5,061 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($12,000 per ton), while the price for India ($1,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+35.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cocoa; Paste, Not Defatted in Bahrain

After three years of growth, supplies from abroad of cocoa; paste, not defatteds decreased by -16.9% to 1.1 tons in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 156%. As a result, imports attained the peak of 1.4 tons, and then declined notably in the following year.

In value terms, cocoa; paste, not defatted imports reduced notably to $4.3K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 186%. As a result, imports reached the peak of $6.1K, and then contracted significantly in the following year.

Import of Cocoa; Paste, Not Defatted in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1271811,4151,256114.6%
United Arab EmiratesN/A31760298776.5%
France6675333087946.0%
Germany758525349674-3.8%
United States2251952022442.7%
Switzerland1781702361780.0%
IndiaN/AN/AN/A1310%
MalaysiaN/AN/A793N/A0%
PhilippinesN/AN/A2,114N/A0%
Others10421898.048.0-22.7%
Total2,0592,1396,1174,31227.9%

Top Suppliers of Cocoa; Paste, Not Defatted to Bahrain in 2022:

  1. Peru (395.0 kg)
  2. United Arab Emirates (247.0 kg)
  3. Germany (226.0 kg)
  4. France (121.0 kg)
  5. India (88.0 kg)
  6. United States (32.0 kg)
  7. Switzerland (20.0 kg)

Source: IndexBox Market Intelligence Platform

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