Price for Cocoa; Paste, Wholly or Partly Defatted in Kenya - 2022

Contents:

  1. Price for Cocoa; Paste, Wholly or Partly Defatted in Kenya (CIF) - 2022
  2. Imports of Cocoa; Paste, Wholly or Partly Defatted in Kenya

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

In 2022, the average import price for cocoa; paste, wholly or partly defatted amounted to $27,417 per ton, increasing by 1,367% against the previous year. Over the period under review, the import price continues to indicate a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($29,500 per ton), while the price for the United States totaled $25,333 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1,255.4%).

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

In 2022, the amount of cocoa; paste, wholly or partly defatted imported into Kenya fell markedly to 24 kg, dropping by -99.9% compared with the previous year's figure. Over the period under review, imports saw a sharp descent.

In value terms, imports of cocoa; paste, wholly or partly defatted fell notably to $658 in 2022. In general, imports faced a precipitous curtailment.

Import of Cocoa; Paste, Wholly or Partly Defatted in Kenya (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
ItalyN/A0.40%
United States7.50.3-96.0%
United Arab Emirates25.5N/A0%
OthersN/AN/A0%
Total33.00.7-97.9%

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

  1. United States (12.0 kg)
  2. Italy (12.0 kg)

Source: IndexBox Market Intelligence Platform

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