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

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

The average export price for cocoa; shells, husks, skins and other cocoa wastes stood at $1,115 per ton in 2022, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3.9% per year.

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

In 2022, exports of cocoa; shells, husks, skins and other cocoa wastes from Bolivia surged to 50 tons, jumping by 25% on the previous year. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 99.9% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of cocoa; shells, husks, skins and other cocoa wastes surged to $56K in 2022. In general, exports posted a strong increase. The growth pace was the most rapid in 2021 when exports increased by 81%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.