# Nigeria Cocoa beans: whole or broken, raw or roasted price positioning (HS 180100)

Canonical: https://www.yugalinks.com/trade/price-exporter/nga/180100
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Nigeria has a median reported export price of $2.4K/t across 44 markets. Across the reported period, the highest observed price is $418.7K/t in United Kingdom; the lowest is $30.9/t in China.

## Summary

- Price spread: 17,156.7%
- Total trade value: $3.1B
- Average quantity: 10,180 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Netherlands | 2023 | $2.8K/t | -17.1% | +23.6% | +22.2% | $1.3B | 5 | Mid |
| Malaysia | 2023 | $2.7K/t | -4.8% | +23% | +22.2% | $460.3M | 5 | Mid |
| Indonesia | 2023 | $2.6K/t | -7.4% | +24.3% | +29.2% | $354.2M | 5 | Mid |
| Russia | 2020 | $2.9K/t | -41.5% | +13.4% | +26.1% | $67.3M | 3 | Below |
| Italy | 2023 | $3.0K/t | -22.3% | +21.3% | +27% | $57.5M | 5 | Mid |
| Canada | 2023 | $2.8K/t | -19.2% | +27.6% | +13.2% | $108.2M | 5 | Mid |
| Belgium | 2023 | $2.8K/t | -35.7% | -20.7% | +13% | $68.3M | 5 | Below |
| Singapore | 2023 | $2.5K/t | -34.9% | +11.5% | +11.5% | $23.7M | 2 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $2.7K/t | -36.8% | +5.1% | +15.3% | $78.0M | 5 | Below |
| Spain | 2023 | $2.8K/t | -16.4% | +30% | +8.8% | $73.7M | 5 | Mid |
| Turkey | 2023 | $4.0K/t | +0% | +50.8% | +35.9% | $24.6M | 5 | Mid |
| Germany | 2023 | $4.2K/t | +7.5% | +40.6% | +77.3% | $402.0M | 5 | Mid |
| Estonia | 2023 | $3.1K/t | -25.3% | +336.6% | +51.5% | $29.3M | 5 | Below |
| Austria | 2023 | $2.5K/t | -53.4% | +5.2% | -7.2% | $14.1M | 5 | Below |
| Bulgaria | 2023 | $2.8K/t | -55.6% | +22.8% | +18.5% | $16.0M | 3 | Below |
| United Kingdom | 2023 | $418.7K/t | +5,667.6% | Not reported | +0% | $9.6K | 1 | Above |
| China | 2023 | $30.9/t | -99.5% | -77.8% | -98.8% | $26.4M | 5 | Below |

## Price history

- Netherlands: 2017 $2.3K/t, 2019 $2.2K/t, 2020 $2.8K/t, 2022 $2.2K/t, 2023 $2.8K/t
- Malaysia: 2017 $2.2K/t, 2019 $2.3K/t, 2020 $2.4K/t, 2022 $2.2K/t, 2023 $2.7K/t
- Indonesia: 2017 $2.0K/t, 2019 $2.2K/t, 2020 $2.6K/t, 2022 $2.1K/t, 2023 $2.6K/t
- Russia: 2017 $2.3K/t, 2019 $2.5K/t, 2020 $2.9K/t
- Italy: 2017 $2.4K/t, 2019 $2.3K/t, 2020 $2.7K/t, 2022 $2.5K/t, 2023 $3.0K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $2.3K/t | Not reported | $666.3M | 19 |
| 2019 | $2.3K/t | -0.6% | $679.4M | 21 |
| 2020 | $2.6K/t | +14.6% | $469.7M | 25 |
| 2022 | $2.2K/t | -15.5% | $503.5M | 31 |
| 2023 | $2.7K/t | +23.5% | $795.6M | 30 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 44 importer markets; 126 reported market-year observations.

## FAQ

### What does Nigeria price positioning show for HS 180100?

It compares Nigeria's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Cocoa beans: whole or broken, raw or roasted market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "NGA",
  "hs_code": "180100",
  "summary": {
    "num_markets": 44,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 418695.652173913,
    "lowest_price_importer_iso3": "CHN",
    "lowest_price_usd_per_ton": 30.861968240480113,
    "median_price_across_markets": 2440.2388789890288,
    "price_spread_pct": 17156.713377959208,
    "avg_quantity_metric_tons": 10180.3826984127,
    "total_trade_value_usd": 3114391124
  },
  "marketRows": [
    {
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      "trade_value_usd": 343265578,
      "market_median_price_usd_per_ton": 3342.241828770971,
      "price_vs_median_pct": -17.06444011447261,
      "price_position": "Mid"
    },
    {
      "year": 2023,
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    {
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  "marketAggregates": [
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    {
      "importer_iso3": "GBR",
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      "latest_unit_value_usd_per_ton": 418695.652173913,
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