Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Thailand - 2023

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $1,609 per ton, increasing by 33% against the previous year. In general, the import price, however, continues to indicate a precipitous shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 660%. Over the period under review, average import prices reached the maximum at $59,667 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2015 to 2022, the rate of growth in terms of prices for Poland amounted to -46.1% per year.

Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Thailand

Imports of cocoa; shells, husks, skins and other cocoa wastes into Thailand skyrocketed to 800 kg in 2022, jumping by 33% compared with the previous year's figure. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 403%. As a result, imports attained the peak of 1 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes surged to $1.3K in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.