Cocoa shells, husks, skins and waste market in Southern Asia

Earlier Report Observations

The market volume for cocoa shells, husks, skins and waste in Southern Asia fluctuated between 2018 and 2023. After starting at 12 701 t in 2018, it declined to 11 314 t in 2019 and further to 10 643 t in 2020. A recovery followed, with the market growing to 10 902 t in 2021 and peaking at 13 001 t in 2022, before contracting again to 11 550 t in 2023.

By 2024, the market was influenced by a significant rise in global cocoa prices due to supply shortages linked to West African production declines and adverse weather. Concurrently, innovations such as the development of cocoa husk cookies and ready-to-serve drinks by Kerala Agricultural University promoted the upcycling of cocoa waste, aligning with sustainable utilization trends.

Production cocoa shells, husks, skins and waste in Southern Asia

In kind, 2017-2020, t

Top producers of cocoa shells, husks, skins and waste, 2017-2020

World map of production of cocoa shells, husks, skins and waste, 2017-2020

In Southern Asia, production of cocoa shells, husks, skins, and waste declined for the second year in a row. In 2020, the region produced 10 644 tonnes, which was 5.8% lower than the previous year. Looking at the period from 2017 to 2020, overall production fell by 4.7%, averaging an annual decrease of 1.6%. The highest production level was recorded in 2018 at 12 731 tonnes. The most significant drop occurred in 2019, with an 11.2% decline, while the largest increase was seen in 2018, when production rose by 14.0%.

Annual dynamics of production in Southern Asia in kind, 2017-2020, t

Exports cocoa shells, husks, skins and waste from Southern Asia

Exports in kind, kg

The export market for cocoa shells, husks, skins, and waste from Southern Asia showed considerable volatility during this period. In 2017, exports were at their lowest, while they peaked in 2018, creating a 61-fold difference between these two years. By 2020, exports had decreased to 2 055 kilograms, marking a sharp decline of 72.2% compared to the previous year. The maximum export volume was recorded in 2018 at 30 396 kilograms. The largest decline occurred in 2019, with a 75.7% drop, whereas the most substantial increase was in 2018, when exports surged by 5,979.2%.

Annual dynamics of product's exports from Southern Asia in kind, 2017-2020, kg

From 2017 to 2020, the top buyers of cocoa shells, husks, skins, and waste from Southern Asia were Malaysia, accounting for 50.8% of exports in kind, China with 12.7%, and Australia at 1.7%. Together, these three countries represented 65.1% of total exports in kind during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Southern Asia in kind, 2017-2020

Exports in value, $ US

The export market in value terms displayed an unstable trend over these years. Exports reached their lowest point in 2019 and peaked in 2018, with a 7.7-fold variation between these two years. In 2020, Southern Asia's exports of cocoa shells, husks, skins, and waste amounted to 1 386 US dollars, showing a slight increase of 0.7% from the previous year. The minimum value was recorded in 2019 at 1 376 US dollars, while the maximum was in 2018 at 10 588 US dollars. The largest decline occurred in 2019, with an 87.0% drop, and the most significant increase was in 2018, when exports rose by 656.9%.

Annual dynamics of product's exports from Southern Asia in value, 2017-2020, $ US

Between 2017 and 2020, Malaysia, Australia, and China were consistently the main destinations for exports in value terms. Malaysia led with 54.3% of exports, followed by Australia at 20.6%, and China with 9.3%. Combined, these three countries accounted for 84.2% of total export flows in value during this timeframe.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Southern Asia in value, 2017-2020

Imports cocoa shells, husks, skins and waste to Southern Asia

Imports in kind, kg

Import data for cocoa shells, husks, skins, and waste into Southern Asia revealed irregular changes, indicating a volatile market. Imports were at their lowest in 2018 and reached their highest in 2019, with a 360-fold gap between these years. In 2020, imports stood at 1 000 kilograms, representing a dramatic decrease of 94.1% from the previous year. The minimum import volume was recorded in 2018 at 48 kilograms, while the maximum was in 2019 at 17 080 kilograms. The largest increase occurred in 2019, with imports soaring by 35,853.6%.

Annual dynamics of product's imports to Southern Asia in kind, 2017-2020, kg

Throughout the period from 2017 to 2020, Indonesia was the dominant and nearly exclusive source for imports in kind of cocoa shells, husks, skins, and waste into Southern Asia, holding a share of 91.2%.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Southern Asia in kind, 2017-2020

Imports in value, $ US

The import market in value terms was characterized by volatility during these years. Imports dropped to their minimum in 2018 and climbed to their maximum in 2019, showing a 65-fold shift. In 2020, Southern Asia imported 1 993 US dollars worth of cocoa shells, husks, skins, and waste, which was a sharp fall of 80.7% compared to the previous year. The minimum value was recorded in 2018 at 158 US dollars, while the maximum was in 2019 at 10 323 US dollars. The largest increase occurred in 2019, with imports rising by 6,435.1%.

Annual dynamics of product's imports to Southern Asia in value, 2017-2020, $ US

From 2017 to 2020, Indonesia dominated the import market in value terms, accounting for 78.3% of total flows. Other countries together made up the remaining share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Southern Asia in value, 2017-2020