What is the price of cocoa beans per kilogram/pound in Equatorial Guinea today?
The retail price range for Equatorial Guinea cocoa beans is between US$ 24.07 and US$ 38.50 per kilogram or between US$ 10.91 and US$ 17.46 per pound(lb). Click here to see today's exact prices of cocoa beans in Equatorial Guinea
The retail price range in CFA Franc BEAC for cocoa beans is between XAF 15,040.63 and XAF 24,065.00 per kilogram or between XAF 6,821.15 and XAF 10,913.83 per pound(lb) in Malabo and Bata.
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In 2024, the approximate wholesale price range for Equatorial Guinea cocoa beans is between US$ 16.85 and US$ 26.95 per kilogram or between US$ 7.64 and US$ 12.22 per pound(lb).
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Equatorial Guinea Cocoa Beans Export Prices - Historical, Trends and Prediction
The export price of Cocoa Beans from Equatorial Guinea has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.90, which increased to $3.10 in 2019. In 2020, the price rose to $3.30, and in 2021 it increased further to $3.50. This year, the price has reached $3.70 per kilogram. This steady increase in price over the past five years suggests that the export price of Cocoa Beans from Equatorial Guinea is likely to continue to rise in the coming years. Based on this trend, it is predicted that the export price of Cocoa Beans from Equatorial Guinea will reach $3.90 per kilogram in 2023 and $4.10 per kilogram in 2024.Equatorial Guinea Cocoa Beans Import Prices - Historical, Trends and Prediction
The import price of Cocoa Beans into Equatorial Guinea has seen a steady increase over the past five years. In 2018, the price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price of Cocoa Beans into Equatorial Guinea in 2022 was $3.05 per kilogram. This steady increase in the import price of Cocoa Beans into Equatorial Guinea over the past five years is indicative of a positive trend. It is likely that this trend will continue in the coming years, and we can predict that the import price of Cocoa Beans into Equatorial Guinea in 2023 will be around $3.20 per kilogram, and in 2024 it will be around $3.35 per kilogram.Export values for Equatorial Guinea cocoa beans
The total values in export for cocoa beans in Equatorial Guinea were US$ 1,876, US$ 1,787 and US$ 1,251 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Equatorial Guinea: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cocoa beans in other countries across Africa: Algeria cocoa beans, Angola cocoa beans, Botswana cocoa beans, Burundi cocoa beans, Cameroon cocoa beans, Cape Verde cocoa beans, Central African Republic cocoa beans, Comoros cocoa beans, DRC Congo cocoa beans & Benin cocoa beans.
Equatorial Guinea cocoa beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Equatorial Guinea sold 605 tonnes of cocoa beans. For the year 2019 alone, the market for Equatorial Guinea cocoa beans (processed category) has gone down, flactuating by -36.979 percent compared to the year 2018. Between 2017 and 2019, cocoa beans' exports went down by -30.14 pc earning the exporter US$1.25m for the year 2019. Equatorial Guinea's cocoa beans exports are categorised as:
- Cocoa beans, whole or broken, raw or roasted (HS code 180100)
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Equatorial Guinea cocoa beans export values
In 2019, Equatorial Guinea exported cocoa beans costing 1.25m USD, a decrease of -30.05% from 2018's total cocoa beans export of 1.787m USD. The annual reduction in value of Equatorial Guinea cocoa beans between 2017 to 2018 was -4.744 pc.
The yearly variation in the amount of Equatorial Guinea's cocoa beans exports between 2017 and 2019 was -30.14 pc compared to a variation of -36.979% in the period between 2018 and 2019.
Export markets for Equatorial Guinea cocoa beans ( in '000$ )
Equatorial Guinea ordered 0 tonnes of cocoa beans in 2019.
Production
The production of cocoa beans in Equatorial Guinea was 1,000 tonnes in 2019 and is forecast to change by an average of 0%. The country had approximately 9,928.00 hectares under cocoa beans cultivation.