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

Contents:

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

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

The average import price for cocoa beans; whole or broken, raw or roasteds stood at $10,742 per ton in 2022, reducing by -12.7% against the previous year. In general, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23% against the previous year. The import price peaked at $16,916 per ton in 2014; however, from 2015 to 2022, 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 France ($13,507 per ton), while the price for Germany ($6,386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cocoa beans; whole or broken, raw or roasteds amounted to $25,238 per ton, reducing by -14.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2013 an increase of 35%. Over the period under review, the average export prices hit record highs at $29,546 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($27,824 per ton) and France ($25,941 per ton), while the average price for exports to Italy ($23,091 per ton) and Austria ($24,485 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of cocoa beans; whole or broken, raw or roasteds into Luxembourg skyrocketed to 4.1 tons in 2022, rising by 19% on the previous year. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds stood at $44K in 2022. In general, imports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 when imports increased by 14%. As a result, imports reached the peak of $57K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium13.320.123.626.826.3%
France7.211.010.911.416.6%
Germany4.55.26.74.1-3.1%
Netherlands5.620.71.11.6-34.1%
Madagascar6.6N/AN/AN/A0%
Others12.8N/AN/A0.2-75.0%
Total50.057.042.444.0-4.2%

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

  1. Belgium (2441.0 kg)
  2. France (845.0 kg)
  3. Germany (642.0 kg)
  4. Netherlands (148.0 kg)

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

In 2022, overseas shipments of cocoa beans; whole or broken, raw or roasteds decreased by -42.5% to 411 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 35%. As a result, the exports reached the peak of 1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds dropped markedly to $10K in 2022. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.017.816.07.0-20.6%
Austria3.85.04.21.6-25.0%
France1.61.40.70.9-17.5%
Belgium0.80.1N/A0.5-14.5%
Italy0.12.2N/A0.344.2%
Others0.20.20.10.20.0%
Total20.526.721.010.4-20.2%

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

  1. Germany (276.0 kg)
  2. Austria (66.0 kg)
  3. France (34.0 kg)
  4. Belgium (17.0 kg)
  5. Italy (11.0 kg)

Source: IndexBox Market Intelligence Platform

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