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

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $4,358 per ton in 2022, falling by -2.4% against the previous year. Overall, the export price, however, recorded a tangible increase. The growth pace was the most rapid in 2016 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,375 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.1% per year.

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

In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Pakistan skyrocketed to 159 kg, increasing by 960% compared with the previous year. Over the period under review, exports enjoyed a significant increase. 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 skyrocketed to $693 in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.