World cocoa bean stocks as at 31 March 2024
London, 19 June 2024. Following the recommendations of the International Cocoa Council made in April 2024, the ICCO Expert Working Group on Stocks (EWG-S) met today, Wednesday 19 June 2024 to review the level of world cocoa bean stocks as at 31 March 2024. The EWG-S is composed of experts in the cocoa field who meet, at the invitation of the ICCO, to review and analyse the results of the ICCO’s survey of cocoa bean stocks held in European warehouses as well as assess the level of global cocoa bean stocks. This is the first time a mid-term survey has been carried out.
Table 1 shows the volumes of identified cocoa stocks, in 1,000 tonnes, held in warehouses which have participated in both the September 2023 and March 2024 surveys.
| Location | Sep-23 | Mar-24 |
|---|---|---|
| Europe (36 warehouses) | 668 | 665 |
| ICE US | 323 | 267 |
| Côte d’Ivoire | 67 | 110 |
| Ghana | 29 | 16 |
| Total | 1087 | 1058 |
Table 2 shows the volumes of identified cocoa stocks, in 1,000 tonnes, held in the warehouses which have provided data for March 2023, September 2023 and March 2024.
| Location | Mar-23 | Sep-23 | Mar-24 |
|---|---|---|---|
| Europe (35 warehouses) | 664 | 622 | 623 |
| ICE US | 345 | 323 | 267 |
| Ghana | 63 | 29 | 16 |
| Total | 1072 | 974 | 906 |
For more information, please contact Elizabeth Gyamfi, Senior Statistician, International Cocoa Organization, ICCO Building, II Plateaux ENA – Avenue Boga Doudou, Abidjan, Côte d’Ivoire; Tel: +225 27 22 51 49 50/51 | Fax: +225 27 22 51 49 79 |
E-mail: Elizabeth.Gyamfi@icco.org
