What is the price of cocoa butter per kilogram/pound in Australia today?
The retail price range for Australia cocoa butter is between US$ 10.13 and US$ 16.24 per kilogram or between US$ 4.59 and US$ 7.36 per pound(lb). Click here to see today's exact prices of cocoa butter in Australia
The retail price range in Australian Dollar for cocoa butter is between AUD 15.23 and AUD 24.43 per kilogram or between AUD 6.91 and AUD 11.08 per pound(lb) in Canberra and Melbourne.
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In 2024, the approximate wholesale price range for Australia cocoa butter is between US$ 7.09 and US$ 11.37 per kilogram or between US$ 3.21 and US$ 5.16 per pound(lb).
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Australia Cocoa Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Butter from Australia has seen a steady increase over the last five years. In 2017, the price was 4.84 US $ per kg, and in 2021 it was 3.94 US $ per kg. The highest price was in 2020, when it was 6.38 US $ per kg. The most recent price was 6.94 US $ per kg in 2022. Based on this trend, it is likely that the export price per kilogram of Cocoa Butter from Australia will continue to increase, and could reach around 7.50 US $ per kg in 2023 and 8.00 US $ per kg in 2024.The exports of cocoa butter from Australia are categorised as:
- Cocoa butter, fat and oil (HS code 180400)
Australia Cocoa Butter Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Butter into Australia over the last five years has been quite volatile. In 2016, the price was 5.90 US dollars, followed by a decrease to 4.84 US dollars in 2017. In 2018, the price dropped further to 3.31 US dollars, before increasing to 5.88 US dollars in 2019. The price then rose to 6.38 US dollars in 2020, before dropping to 3.94 US dollars in 2021. The most recent data shows that the price has increased to 6.94 US dollars in 2022. Based on the data, it is likely that the import price per kilogram of Cocoa Butter into Australia will continue to fluctuate in the coming years. We can predict that the price will be around 6.50 US dollars in 2023 and 6.00 US dollars in 2024.Export values for Australia cocoa butter
The total values in export for cocoa butter in Australia were US$ 785, US$ 871, US$ 519 and US$ 288 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa butter in other countries across Oceania: Fiji cocoa butter, French Polynesia cocoa butter, Guam cocoa butter, Micronesia cocoa butter, New Caledonia cocoa butter, Papua New Guinea cocoa butter, Samoa cocoa butter, Solomon Islands cocoa butter, Tonga cocoa butter & Vanuatu cocoa butter.
Australia cocoa butter - Production, Exports, Imports, Seasons and HS Codes
The quantity of cocoa butter shipped by Australia in 2020 was 56 tonnes. In 2019 Australia shipped 49 tonnes of cocoa butter. In 2019 alone, the interest in Australia cocoa butter (processed category) has shrunk, recording a change of -68.79 per cent compared to the year 2018. Between 2017 and 2019, cocoa butter's exports went down by -72.78 percent netting the nation US$0.29m for the year 2019. Australia's cocoa butter exports are classified as:
- Cocoa butter, fat and oil (HS code 180400)
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Australia cocoa butter export values
In 2019, Australia sold cocoa butter valued at 0.29m USD, a drop of -44.12% from 2018's total cocoa butter export of 0.519m USD. The annual reduction in value of Australia cocoa butter between 2017 to 2018 was -40.413 pc.
The annual/yearly change in the quantity of Australia's cocoa butter exports between 2017 and 2019 was -72.78 per cent in comparison to a variation of -68.79% in the period between 2018 and 2019.
Export markets for Australia cocoa butter ( in '000$ )
Australia's leading export markets for cocoa butter are Malaysia, New Zealand, Singapore, Hong Kong and South Africa.
Australia imported 16,816 tonnes of cocoa butter in 2019.