What is the price of cocoa powder (solids) per kilogram/pound in Cyprus today?
The retail price range for Cyprus cocoa powder (solids) is between US$ 4.89 and US$ 14.68 per kilogram or between US$ 2.22 and US$ 6.66 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Cyprus
The retail price range in Euro for cocoa powder (solids) is between EUR 4.52 and EUR 13.57 per kilogram or between EUR 2.05 and EUR 6.15 per pound(lb) in Nicosia and Larnaca.
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In 2024, the approximate wholesale price range for Cyprus cocoa powder (solids) is between US$ 3.42 and US$ 10.28 per kilogram or between US$ 1.55 and US$ 4.66 per pound(lb).
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Cyprus Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from Cyprus over the last five years has been relatively stable. In 2012, the price was 5.60 US dollars per kg, followed by 8.00 US dollars per kg in 2013. In 2016, the price dropped to 3.67 US dollars per kg, and then further decreased to 3.00 US dollars per kg in 2017. In 2018, the price increased to 5.80 US dollars per kg, and then decreased to 4.50 US dollars per kg in 2019. The price remained steady at 4.00 US dollars per kg in 2020 and 4.43 US dollars per kg in 2021. However, in 2022, the price spiked to 12.50 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from Cyprus in 2023 will be around 6.50 US dollars per kg, and in 2024 will be around 8.00 US dollars per kg.The exports of cocoa powder (solids) from Cyprus are classified as:
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
- Cocoa powder, sweetened (HS code 180610)
Cyprus Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into Cyprus has seen a steady increase over the last five years. In 2017, the price was at its lowest at $3.00, before rising to $5.80 in 2018. The price then dropped to $4.50 in 2019, before increasing again to $4.00 in 2020. This year, 2021, the price has risen to $4.43. The highest price in the last five years was recorded in 2022, at $12.50. Looking ahead, it is likely that the import price per kilogram of Cocoa Powder (Solids) into Cyprus will remain relatively stable in the next two years. We predict that the price in 2023 will be around $7.00, and in 2024 it will be around $9.00.Export values for Cyprus cocoa powder (solids)
The total values in export for cocoa powder (solids) in Cyprus were US$ 11, US$ 3, US$ 29 and US$ 36 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 cocoa powder (solids) in other countries across Middle East: Bahrain cocoa powder (solids), Cyprus cocoa powder (solids), Iraq cocoa powder (solids), Israel cocoa powder (solids), Jordan cocoa powder (solids), Kuwait cocoa powder (solids), Lebanon cocoa powder (solids), Palestine cocoa powder (solids), Oman cocoa powder (solids) & Qatar cocoa powder (solids).
Cyprus cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
The volume of cocoa powder (solids) sold by Cyprus in 2020 was 4 metric tonnes. In 2019 Cyprus sold 8 tonnes of cocoa powder (solids). Through 2019 alone, the interest in Cyprus cocoa powder (solids) (processed category) has improved, with a change of 60 % compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports increased by 700 percent bringing the exporter US$0.04m for the year 2019. Cyprus' cocoa powder (solids) exports are classified as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
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Cyprus cocoa powder (solids) export values
In 2019, Cyprus shipped cocoa powder (solids) worth 0.04m USD, a surge of 37.93% from 2018's total cocoa powder (solids) export of 0.029m USD. The yearly change in value of Cyprus cocoa powder (solids) between 2017 to 2018 was 866.667 percent.
The per year variation in the volume of Cyprus' cocoa powder (solids) exports between 2017 and 2019 was 700 pc in comparison to a variation of 60% in the period between 2018 and 2019.
Export markets for Cyprus cocoa powder (solids) ( in '000$ )
Cyprus' best performing destinations for cocoa powder (solids) are Greece.
Cyprus imported 344 tonnes of cocoa powder (solids) in 2019.