Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates - 2022
Contents:
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates (CIF) - 2022
- Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates (FOB) - 2022
- Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates
- Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates (CIF) - 2022
The average import price for cocoa beans; whole or broken, raw or roasteds stood at $2,057 per ton in 2022, waning by -11.9% against the previous year. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of 116%. Over the period under review, average import prices hit record highs at $6,884 per ton in 2017; however, from 2018 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 Uganda ($6,508 per ton), while the price for Cote d'Ivoire stood at $1,988 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+12.1%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates (FOB) - 2022
The average export price for cocoa beans; whole or broken, raw or roasteds stood at $1,985 per ton in 2022, waning by -47.4% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 23%. The export price peaked at $4,224 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to -7.7% per year.
Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates
Imports of cocoa beans; whole or broken, raw or roasteds into the United Arab Emirates contracted to 2.7K tons in 2022, declining by -11.8% against the year before. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 4,267% against the previous year.
In value terms, imports of cocoa beans; whole or broken, raw or roasteds shrank remarkably to $5.6M 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 1,993%.
| Import of Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 10.1 | N/A | 6.0 | 5.3 | -19.3% |
| Nigeria | N/A | N/A | 0.5 | N/A | 0% |
| Others | 0.4 | 0.3 | 0.7 | 0.3 | -9.1% |
| Total | 10.6 | 0.3 | 7.2 | 5.6 | -19.2% |
Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to the United Arab Emirates in 2022:
- Cote d'Ivoire (2.6K tons)
Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates
In 2022, approx. 2.7K tons of cocoa beans; whole or broken, raw or roasteds were exported from the United Arab Emirates; which is down by -57.5% against 2021. Over the period under review, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 232% against the previous year. As a result, the exports attained the peak of 6.2K tons, and then reduced markedly in the following year.
In value terms, exports of cocoa beans; whole or broken, raw or roasteds plummeted to $5.3M in 2022. In general, exports saw a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 252%. As a result, the exports attained the peak of $24M, and then fell significantly in the following year.
| Export of Cocoa Beans; Whole or Broken, Raw or Roasted in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 13.4 | 6.7 | 23.5 | 5.2 | -27.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 6.7 | 23.5 | 5.3 | -26.6% |
Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from the United Arab Emirates in 2022:
- Iran (2.6K tons)
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This report provides an in-depth analysis of the cocoa bean market in the United Arab Emirates.
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This report provides an in-depth analysis of the global cocoa bean market.
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This report provides an in-depth analysis of the cocoa bean market in the United Arab Emirates.
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This report provides an in-depth analysis of the global cocoa bean market.
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