Cocoa: shells, husks, skins and other cocoa waste

In 2024, cocoa: shells, husks, skins and other cocoa waste trade exhibited strong growth, with global flows reaching $289,668,411 and a three-year compound annual growth rate of +14.3% (five-year: +19.3%). The all-time peak of $289,668,411 was recorded in 2024.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+3.4% acceleration).

The World Trade Flows Characterization classifies cocoa: shells, husks, skins and other cocoa waste as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.716). The three largest exporters — Ivory Coast ($246.5M), Nigeria ($24.3M), and Ghana ($10.3M) — collectively dominate supply flows. The leading exporter has grown at +16.1% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.151). The three largest import markets are Mexico ($70.2M), United States ($53.4M), and Netherlands ($48.3M). The largest importing market sources from 42 different supplying countries.

Estimated substitution elasticity: -13.39. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Ivory Coast → Mexico at $67.4M, representing 95.9% of the importer's total demand.

The volatility score for cocoa: shells, husks, skins and other cocoa waste is 21 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.