Abidjan, 29 November 2019–The International Cocoa Organization today released its revised estimates, summarized below, of world production, grindings and stocks of cocoa beans for the 2018/2019 cocoa year. The data published in Issue No. 4 – Volume XLV – Cocoa year 2018/2019 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of November 2019.
Summary of revised estimates
Cocoa year
(Oct-Sep) |
2017/2018 |
2018/2019 |
Year-on-year change |
|
Revised
estimates |
Previous
estimates a/ |
Revised
estimates |
|
|
(thousand tonnes) |
(Per cent) |
World production |
4 651 |
4 849 |
4 834
|
+ 183 |
+ 3.9% |
World grindings |
4 596 |
4 783 |
4 807
|
+ 211 |
+ 4.6% |
Surplus/deficit b/ |
+ 8 |
+ 18 |
– 21
|
|
|
|
|
|
|
|
|
End-of-season stocks |
1 722 |
1 740 |
1 701
|
– 21 |
– 1.2% |
Stocks/Grindings ratio |
37.5% |
36.4% |
35.4% |
|
|
Notes:
a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLV – No. 3 – Cocoa year 2018/2019
b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings.Totals may differ due to rounding..
This issue of the Bulletin contains the Secretariat’s revised estimates for the 2018/2019 cocoa year, as well as data for the past four years of production and grindings of cocoa beans, detailed by country. The main features of the global cocoa market are illustrated in colour charts. In addition, the Bulletin includes comments on the crop and demand situation in the leading countries, and a review of price developments on international markets for cocoa beans during the 2018/2019 cocoa year.
Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers annual data from 2015/2016 to 2017/2018, and quarterly statistics for the period October-December 2017 to April-June 2019. Details of destination of exports and origin of imports for leading cocoa exporting countries are also provided. Historical statistics on cocoa trade and consumption, by country and by region, for the period 2009/2010 to 2017/2018 are presented for reference
Copies of the Quarterly Bulletin of Cocoa Statistics, including Microsoft Excel files and Adobe PDF format, can be ordered by completing and returning this form , or from the ICCO Secretariat at the address below:
International Cocoa Organization
, ICCO Building, II-Plateaux ENA – Avenue Boga Doudou, Abidjan, Côte d’Ivoire
. Tel: +225 22 51 49 50/51
; Fax: +225 22 51 49 79;
E-mail: info@icco.org.
Analysis of the value chain in cocoa producing countries
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Brief Description:
The methodology and guidelines for the study were developed. The methodology was tested in Ghana during the last week of October 2007. The test involved identifying three typical cases of cocoa production according to the level of inputs used. A preliminary analysis of the test in Ghana was finalized, giving a clear insight into the costs of production for the identified typical cases: costs of establishment of the farm and other investments and current costs of production, costs of commercialization of cocoa beans and the shares of the different stakeholders in the value chain. The results of the test in Ghana had, subsequently, been used to modify and finalize the methodology for implementation of the study in the other participating countries. Following that revision, the study was conducted in Cameroon, Côte d’Ivoire and Nigeria between March and April 2008, with assistance from the ICCO Secretariat.
Project Objectives:
The main objective of the study was to systematically and uniformly establish the inputs and the costs incurred to produce, trade and export cocoa in different areas and under different practices in their respective countries and simultaneously, to establish the amounts and shares received by each of the categories of stakeholders in the proceeds from the export of cocoa. This would provide an insight into the net income derived by farmers and other stakeholders from cocoa cultivation and trade and to enhance the knowledge of the use of resources in cocoa production, trade and exporting.
Project Status:
The project was terminated due to the sensitive nature of information required to complete the analysis.
Feasibility of Payments for Environmental Services in Cocoa Farming
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Brief Description:
Most cocoa farmers still live in conditions of extreme poverty despite all the efforts from various stakeholders to lift them out of it. Nevertheless, it is possible to enhance the economic and social sustainability of the cocoa supply chain while improving its environmental sustainability by contracting farmers and their communities into reforestation and afforestation programmes – i.e. Payments for Environmental Services (PES) – implemented at national and farm levels.
Project Objectives:
South Pole will review the current status of payment for environmental services adopted in cocoa farming and provide an overview of these programs and their role in securing better income for farmers and environmental sustainability. This analysis will be instrumental for the development of / three pilot projects on the feasibility of PES in cocoa farming.
Project Status:
South Pole has been contracted to conduct the study in April 2020. Results will be presented in 2021 at the 5th Edition of the World Cocoa Conference.
Cocoa Farm Model
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Brief Description:
Smallholder farms are characterized by their small size and low productivity coupled with limited alternative income-earning opportunities for the farmers. However, there is an array of different cocoa farming systems and technical advices to farmers need to be better adapted to their specific farming context.
The University of Reading will carry out a literature review and a comparative analysis of existing data and information on cocoa farming systems. Additional information will be gathered from research and extension services providers in cocoa producing countries, cocoa and chocolate companies, certification agencies and universities, etc.
Project Objectives:
This study aims to identify and classify cocoa farming systems currently in place in major cocoa producing areas to propose and disseminate measures to enhance the sustainability of cocoa farming target the appropriate measures to enhance the sustainability of cocoa farming.
The study is expected to provide ICCO Member countries and other cocoa stakeholders, a technical manual containing a detailed description of the selected farming models, including agronomic, geographical, economic, social and environmental traits as basis for setting up capacity building programme in farm communities
Project Documentation:
Global Review of Cocoa Farming Systems
B27407 Cocoa Grower Guide English
B27407 Cocoa Grower Guide French
B27407 Cocoa Grower Guide Spanish
Caribbean Cocoa Renaissance: Improving Cocoa Quality and Market Access with Cocoa of Excellence (CoEx)
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Brief Description:
The project will use the platform and success story of the Cocoa of Excellence (CoEx) programme to rejuvenate the production and trade of fine flavour cocoa in the Caribbean. The project will involve establishing national CoEx programmes to develop national competitions leading to international competion in CoEx. The project will improve cocoa quality by building capacity in fermentation and drying, laboratory assessments, aromatic and flavour testing, best post-harvest handling and cocoa beans traceability measures.
Project Objectives:
The overall objective of the project is to support fine flavour cocoa producing countries in the Caribbean to improve their ratings on the Annex C of the ICA 2010 as well as to establish national Cocoa of Excellence programmes to enable farmers to deliver cocoa beans of consistent premium quality, expand market opportunities and develop negotiation skills for cocoa farmers in the region
Project Status:
A concept note was submitted by IICA to the ICCO Secretariat. IICA and Alliance Bioversity – CIAT will now work together to develop a full project proposal.
Improving Capacity Building and Knowledge Sharing to support Management of Cadmium Levels in Cocoa in Latin America and the Caribbean
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Brief Description:
The project is in response to the European commission Regulation NO. 488/2014 which established a Maximum Residue Levels of 0.1 – 0.8 mg/kg of cadmium in chocolate products (depending on the percentage of total dry cocoa solids contained). The project will support the participating countries in their coordination and information sharing efforts on best practices for cadmium mitigation and remediation in cocoa as well as to enhance their technical capacity to analyze cadmium levels in cocoa beans. The project will contribute to improving knowledge of cadmium presence in cocoa growing areas through analyses and mapping. The project will also create awareness about cadmium contamination and measures for mitigation and remediation along the cocoa value chain.
Project Objectives:
The goal of the project is to maintain market access of cocoa and cocoa-derived products from the Latin America and the Caribbean region by application of strategies for reducing the levels of cadmium concentrations while contributing to poverty alleviation and ensuring food safety. The objective of the project is to better manage cadmium concentration in cocoa and cocoa-derived products from Colombia, Ecuador, Peru and Trinidad and Tobago through coordinated regional approach, in order to comply with new trade measures establishing cadmium limits.
Project Status:
The project proposal was reviewed and approved by the Economics Committee at is fourteenth meeting in September 2019. The ICCO Secretariat will submit the project proposal to the Standard and Trade Development Facility (STDF) for grant financing consideration at its meeting in July 2020. The project proposal will also be submitted to other potential donors to secure the necessary co-financing for the project.
Transferring Technology on Best Agricultural Practices to Prevent and Control Vascular-Streak Dieback (VSD) and Phytophthora Pod Rot (PPR) Diseases of Cocoa
DURATION:
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Brief Description:
The productivity of cocoa farms in Indonesia is very low as a result of poor crop management practices and cocoa pest and disease pressure especially VSD and PPR. The project will address this problem in part by raising awareness on prevention and control of VSD and PPR diseases of cocoa; enhancing institutional capacities to prevent and control VSD and PPR; and transferring knowledge to farmers through Farmer Field School (FFS) approach.
Project Objectives:
The overall objective of the project is to enhance the capacity of cocoa farmers to adopt best agricultural practices to manage Vascular-Streak Dieback (VSD) and Phytophthora Pod Rot (PPR) diseases of cocoa. The specific objectives of the project are:
Project Status:
The project proposal was reviewed and approved by the Economics Committee at is thirteenth meeting in April 2019. The ICCO Secretariat is in consultation with potential donors in the cocoa industry to secure the necessary co-financing for the project.
February 2020 Quarterly Bulletin of Cocoa Statistics
Abidjan, 6 March 2020 – The International Cocoa Organization today releases its first forecasts for the 2019/20 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for 2018/19 cocoa year. The data published in Issue No. 1 – Volume XLVI – Cocoa Year 2019/20 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of February 2020.
Summary of forecasts and revised estimates
Cocoa year
(Oct-Sept)
Notes:
a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLV – No. 4 – Cocoa year 2018/19
b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings
Totals may differ due to rounding.
This issue of the Bulletin contains the Secretariat’s first forecasts for the 2019/20 cocoa year as well as data for the past four years of production and grindings of cocoa beans, detailed by country. The main features of the global market are illustrated in colour charts. In addition, the Bulletin includes comments on the crop and demand prospects in the leading countries for the current season, a review of price developments on international markets for cocoa beans during the October-December quarter of 2019 and the evolution of trade flow data estimated for major cocoa exporting and importing countries during the 2018/19 season.
Statistics information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers crop year data from 2016/17 to 2018/19 and quarterly statistics for the period January-March 2018 to July-September 2019. Details of destination of exports and origin of imports for leading cocoa exporting and importing countries are also provided. Historical statistics on cocoa trade and consumption, by country and by region, for the period 2010/11 to 2018/19 are presented for reference.
Copies of the Quarterly Bulletin of Cocoa Statistics, including Microsoft Excel files and Adobe PDF format can be ordered by completing and returning this formor from the ICCO Secretariat at the address below:
International Cocoa Organization | ICCO Building | II-Plateaux ENA – Avenue Boga Doudou | Abidjan | Côte d’Ivoire | Tel: +225 22 51 49 50/51 | Fax: +225 22 51 49 79 | Email: info@icco.org
Assessment of World Cocoa Bean Stocks for the 2018/19 season
London, 23 January 2020 – The ICCO Expert Working Group on Stocks (EWGS) met today, Thursday 23 January 2020 to review the level of world cocoa bean stocks. The EWGS is composed of experts in the cocoa field who meet once a year, at the invitation of the ICCO, to review and analyse the results of the ICCO’s annual survey of cocoa bean stocks held in warehouses worldwide. The survey has been conducted every year since 2000 and aims to improve transparency in the cocoa market.
The results of the latest survey showed that world cocoa bean stocks are estimated to have increased to 1.538 million tonnes as at the end of the 2018/19 cocoa year (30 September 2019). Unfortunately, this year there was a significant reduction in responses to the survey. Therefore, a larger proportion of the stock had to be estimated.
Totals and differences may differ due to rounding.
The EWGS now notes that a gap of 163,000 tonnes exists between the annual survey of cocoa stocks held in warehouses worldwide and the ICCO’s statistically-derived stocks figure.
The review conducted by the EWGS during its meeting led to the conclusion that the survey results underestimate existing world stocks due to the expansion of stocks held in locations not reporting to the ICCO survey. The most significant area of unreported stocks was identified as Asia.
While the ICCO Secretariat maintains, so far, its supply deficit estimate of 21,000 tonnes for 2018/19 as published in its latest QBCS, it may revise that figure in its next Bulletin due at the end of February 2020, taking into account the outcome of this survey.
For more information, please contact Bérénice Grace Bah, Editorial and Conference Officer, International Cocoa Organization, ICCO Building, II Plateaux ENA – Avenue Boga Doudou, Abidjan, Côte d’Ivoire; Tel: +225 22 51 49 50/51 | Fax: +225 22 51 49 79 | Email: berenicegrace.bah@icco.org
November 2019 Quarterly Bulletin of Cocoa Statistics
Abidjan, 29 November 2019–The International Cocoa Organization today released its revised estimates, summarized below, of world production, grindings and stocks of cocoa beans for the 2018/2019 cocoa year. The data published in Issue No. 4 – Volume XLV – Cocoa year 2018/2019 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of November 2019.
Summary of revised estimates
(Oct-Sep)
estimates
estimates a/
estimates
Notes:
a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLV – No. 3 – Cocoa year 2018/2019
b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings.Totals may differ due to rounding..
This issue of the Bulletin contains the Secretariat’s revised estimates for the 2018/2019 cocoa year, as well as data for the past four years of production and grindings of cocoa beans, detailed by country. The main features of the global cocoa market are illustrated in colour charts. In addition, the Bulletin includes comments on the crop and demand situation in the leading countries, and a review of price developments on international markets for cocoa beans during the 2018/2019 cocoa year.
Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers annual data from 2015/2016 to 2017/2018, and quarterly statistics for the period October-December 2017 to April-June 2019. Details of destination of exports and origin of imports for leading cocoa exporting countries are also provided. Historical statistics on cocoa trade and consumption, by country and by region, for the period 2009/2010 to 2017/2018 are presented for reference
Copies of the Quarterly Bulletin of Cocoa Statistics, including Microsoft Excel files and Adobe PDF format, can be ordered by completing and returning this form , or from the ICCO Secretariat at the address below:
International Cocoa Organization , ICCO Building, II-Plateaux ENA – Avenue Boga Doudou, Abidjan, Côte d’Ivoire . Tel: +225 22 51 49 50/51 ; Fax: +225 22 51 49 79; E-mail: info@icco.org.
August 2019 Quarterly Bulletin of Cocoa Statistics
Abidjan, 30 August 2019–The International Cocoa Organization today released its revised forecasts for the current 2018/2019 cocoa year and revised estimates for 2017/2018 of world production, grindings and stocks of cocoa beans, summarized below. The data published in Issue No. 3 – Volume XLV – Cocoa year 2018/2019 of the Quarterly Bulletin of Cocoa Statistics reflect the most recent information available to the Secretariat as at the beginning of August 2019.
Summary of revised forecasts and estimates
(Oct-Sep)
estimates
forecasts a/
forecasts
a/ Forecasts published in Quarterly Bulletin of Cocoa Statistics, Vol. XLV – No. 2 – Cocoa year 2018/2019
b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings
Totals may differ due to rounding.
This issue of the Bulletin contains the Secretariat’s revised forecasts for the 2018/2019 cocoa year as well as data for the past four years of production and grindings of cocoa beans, detailed by country. The main features of the global cocoa market are illustrated in colour charts. In addition, it includes comments on crop and demand prospects in the leading countries for the current season, and a review of price developments on international markets for cocoa beans during the April-June quarter of 2019.
Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers annual data from 2015/2016 to 2017/2018 and quarterly statistics for the period July-September 2017 to January-March 2019. Details of origin of imports and destination of exports for leading cocoa importing countries are also provided. Historical statistics on cocoa trade and consumption, by country and by region, for the period 2009/2010 to 2017/2018 are presented for reference.
Copies of the Quarterly Bulletin of Cocoa Statistics, including Microsoft Excel files and Adobe PDF format can be ordered by completing and returning this form or from the ICCO Secretariat at the address below:
International Cocoa Organization
06 P.O. Box 6891
Abidjan 06
Côte d’Ivoire
Tel: +225 22 51 49 50/51
Fax: +225 22 51 49 79
E-mail: info@icco.org