What is the price of cacao (cocoa)paste per kilogram/pound in Turkey today?
The retail price range for Turkey cacao (cocoa)paste is between US$ 8.53 and US$ 10.24 per kilogram or between US$ 3.87 and US$ 4.64 per pound(lb). Click here to see today's exact prices of cacao (cocoa)paste in Turkey
The retail price range in Turkish Lira for cacao (cocoa)paste is between TRY 169.00 and TRY 202.80 per kilogram or between TRY 76.65 and TRY 91.97 per pound(lb) in Ankara and Istanbul.
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In 2024, the approximate wholesale price range for Turkey cacao (cocoa)paste is between US$ 5.97 and US$ 7.17 per kilogram or between US$ 2.71 and US$ 3.25 per pound(lb).
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Turkey Cacao (cocoa)paste Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cacao (Cocoa)paste from Turkey has seen a steady increase over the last five years. In 2017, the price was 3.72 US $ per kg, which rose to 4.33 US $ per kg in 2016. In 2020, the price was 3.66 US $ per kg, and in 2021 it increased to 4.12 US $ per kg. The most recent data shows that the price has dropped to 3.63 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Cacao (Cocoa)paste from Turkey will be 3.59 US $ per kg in 2023 and 3.64 US $ per kg in 2024.The Turkey cacao (cocoa)paste exports are categorised as:
- Cocoa paste (excluding defatted) (HS code 180310)
- Cocoa paste, wholly or partly defatted (HS code 180320)
Turkey Cacao (cocoa)paste Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cacao (Cocoa)paste into Turkey over the last five years has been relatively stable. In 2016, the price was 4.33 US dollars per kg, followed by 3.72 US dollars per kg in 2017. In 2018, the price dropped to 3.62 US dollars per kg, and then further decreased to 3.58 US dollars per kg in 2019. In 2020, the price increased slightly to 3.66 US dollars per kg, and then rose to 4.12 US dollars per kg in 2021. The most recent data shows that the price has dropped to 3.63 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Cacao (Cocoa)paste into Turkey will remain relatively stable in the next two years. We can predict that the price will be around 3.63 US dollars per kg in 2023 and 3.64 US dollars per kg in 2024.Export values for Turkey cacao (cocoa)paste
The total values in export for cacao (cocoa)paste in Turkey were US$ 7,086, US$ 4,659, US$ 5,041 and US$ 6,148 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cacao (cocoa)paste in other countries across Middle East: Bahrain cacao (cocoa)paste, Cyprus cacao (cocoa)paste, Iraq cacao (cocoa)paste, Israel cacao (cocoa)paste, Jordan cacao (cocoa)paste, Kuwait cacao (cocoa)paste, Lebanon cacao (cocoa)paste, Palestine cacao (cocoa)paste, Oman cacao (cocoa)paste & Qatar cacao (cocoa)paste.
Turkey cacao (cocoa)paste - Production, Exports, Imports, Seasons and HS Codes
The volume of cacao (cocoa)paste exported by Turkey in 2020 was 2,060 metric tons. In 2019 Turkey exported 1,717 tonnes of cacao (cocoa)paste. Through 2019 alone, the demand for Turkey cacao (cocoa)paste (processed category) has climbed, with a change of 23.171 per cent compared to the year 2018. Between 2017 and 2019, cacao (cocoa)paste's exports went up by 36.92 pc netting the country US$6.15m for the year 2019. Turkey's cacao (cocoa)paste exports are classified as:
- Cocoa paste, wholly or partly defatted (HS code 180320)
- Cocoa paste (excluding defatted) (HS code 180310)
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Turkey cacao (cocoa)paste export values
In 2019, Turkey exported cacao (cocoa)paste with a value of 6.15m USD, an increment of 22.00% from 2018's total cacao (cocoa)paste export of 5.041m USD. The yearly growth in value of Turkey cacao (cocoa)paste between 2017 to 2018 was 8.199 percent.
The per year variation in the quantity of Turkey's cacao (cocoa)paste exports between 2017 and 2019 was 36.92 per cent compared to a variation of 23.171% in the period between 2018 and 2019.
Export markets for Turkey cacao (cocoa)paste ( in '000$ )
Turkey's top export markets for cacao (cocoa)paste are Iran, Saudi Arabia, Bulgaria, Romania and Israel.
Turkey ordered 25,223 tonnes of cacao (cocoa)paste in 2019.