Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Peru - 2022

Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Peru (FOB) - 2022

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $284 per ton in 2022, dropping by -50.2% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 58% against the previous year. The export price peaked at $978 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($353 per ton), while the average price for exports to Brazil totaled $268 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+26.3%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Peru

Exports of cocoa; shells, husks, skins and other cocoa wastes from Peru surged to 3.1K tons in 2022, rising by 193% compared with the previous year. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 261%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes soared to $891K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 232%. The exports peaked in 2022 and are expected to retain growth in years to come.