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

Contents:

1. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Malaysia (CIF) - 2022
2. Price for Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Malaysia (FOB) - 2022
3. Imports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Malaysia
4. Exports of Cocoa; Shells, Husks, Skins and Other Cocoa Waste in Malaysia

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

In 2022, the average import price for cocoa; shells, husks, skins and other cocoa wastes amounted to $812 per ton, with a decrease of -46.9% against the previous year. In general, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 250%. As a result, import price attained the peak level of $1,529 per ton, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cote d'Ivoire ($2,478 per ton), while the price for Indonesia ($564 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $61 per ton in 2022, declining by -70.8% against the previous year. Overall, the export price showed a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 66%. As a result, the export price reached the peak level of $281 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($446 per ton), while the average price for exports to Indonesia ($33 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+64.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cocoa; shells, husks, skins and other cocoa wastes imported into Malaysia surged to 1.2K tons, jumping by 278% against the previous year's figure. In general, imports, however, recorded a precipitous descent.

In value terms, imports of cocoa; shells, husks, skins and other cocoa wastes soared to $971K in 2022. Over the period under review, imports, however, faced a sharp slump.

Top Suppliers of Cocoa; Shells, Husks, Skins and Other Cocoa Waste to Malaysia in 2022:

1. Indonesia (619.6 tons)
2. Ghana (455.1 tons)
3. Cameroon (50.0 tons)
4. Cote d'Ivoire (31.0 tons)
5. China (24.7 tons)

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

In 2022, approx. 8.1K tons of cocoa; shells, husks, skins and other cocoa wastes were exported from Malaysia; growing by 5,409% compared with the previous year. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes surged to $490K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cocoa; Shells, Husks, Skins and Other Cocoa Waste from Malaysia in 2022:

1. Indonesia (7.3K tons)
2. Philippines (0.5K tons)
3. Brazil (0.3K tons)

Source: IndexBox Market Intelligence Platform