What is the price of chocolate per kilogram/pound in Cyprus today?
The retail price range for Cyprus chocolate is between US$ 11.11 and US$ 16.90 per kilogram or between US$ 5.04 and US$ 7.66 per pound(lb). Click here to see today's exact prices of chocolate in Cyprus
The retail price range in Euro for chocolate is between EUR 10.26 and EUR 15.62 per kilogram or between EUR 4.65 and EUR 7.08 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus chocolate is between US$ 7.77 and US$ 11.83 per kilogram or between US$ 3.53 and US$ 5.37 per pound(lb).
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Cyprus Chocolate Export Prices - Historical, Trends and Prediction
The export price per kilogram of Chocolate from Cyprus over the last five years has seen a significant increase. In 2017, the price was 32.56 US dollars per kg, followed by 8.73 US dollars per kg in 2018. In 2019, the price rose to 44.76 US dollars per kg and then to an all-time high of 136.55 US dollars per kg in 2020. The price dropped to 8.11 US dollars per kg in 2021 and is currently at 9.3 US dollars per kg in 2022. Based on the current trend, it is predicted that the export price per kilogram of Chocolate from Cyprus will be around 10.50 US dollars per kg in 2023 and 11.70 US dollars per kg in 2024.The exports of chocolate from Cyprus are categorised as:
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
Cyprus Chocolate Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chocolate into Cyprus over the last five years has been quite varied. In 2016, the price was 5.96 US dollars per kg, followed by a significant increase to 32.56 US dollars per kg in 2017. This was followed by a decrease to 8.73 US dollars per kg in 2018, before a sharp increase to 44.76 US dollars per kg in 2019. The price then rose to an all-time high of 136.55 US dollars per kg in 2020, before dropping back to 8.11 US dollars per kg in 2021. The most recent data point is 9.30 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Chocolate into Cyprus will remain relatively stable in the next two years. We predict that the price will be around 9.30 US dollars per kg in 2023 and 2024.Export values for Cyprus chocolate
The total values in export for chocolate in Cyprus were US$ 404, US$ 521, US$ 873 and US$ 761 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cyprus: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of chocolate in other countries across Middle East: Bahrain chocolate, Cyprus chocolate, Iraq chocolate, Israel chocolate, Jordan chocolate, Kuwait chocolate, Lebanon chocolate, Palestine chocolate, Oman chocolate & Qatar chocolate.
Cyprus chocolate - Production, Exports, Imports, Seasons and HS Codes
The volume of chocolate exported by Cyprus in 2020 was 185 tonnes. In 2019 Cyprus sold 17 tonnes of chocolate. For the year 2019 alone, the interest in Cyprus chocolate (processed category) has decreased, flactuating by -83 % compared to the year 2018. Between 2017 and 2019, chocolate's exports decreased by -75.36% earning the country US$0.76m for the year 2019. Cyprus' chocolate exports are classified as:
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
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Cyprus chocolate export values
In 2019, Cyprus supplied chocolate with a value of 0.76m USD, a contraction of -12.94% from 2018's total chocolate export of 0.873m USD. The yearly reduction in value of Cyprus chocolate between 2017 to 2018 was 67.562 pc.
The annual variation in the volume of Cyprus' chocolate exports between 2017 and 2019 was -75.36% compared to a variation of -83% in the period between 2018 and 2019.
Export markets for Cyprus chocolate ( in '000$ )
Cyprus' leading destinations for chocolate are US, Greece, United Arab Emirates (UAE), Zimbabwe and United Kingdom (UK).
Cyprus ordered 5,359 tonnes of chocolate in 2019.