Quarterly Bulletin of Cocoa Statistics – November 2016

London, 30 November 2016–The International Cocoa Organization today released its revised estimates, summarized below, of world production, grindings and stocks of cocoa beans for the 2015/2016 cocoa year. The data published in Issue No. 4 – Volume XLII – Cocoa year 2015/2016 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of November 2016.

Summary of revised estimates

 

Cocoa year (Oct-Sep)	2014/2015	2015/2016		Year-on-year change
	Revised estimates	Previous estimates a/	Revised estimates
	(thousand tonnes)				(Per cent)
World production	4 248	3 988	4 031	– 217	– 5.1%
World grindings	4 154	4 160	4 141	– 13	– 0.3%
Surplus/deficit b/	52	– 212	– 150
End-of-season stocks	1 597	1 376	1 447	– 150	– 9.4%
Stocks/Grindings ratio	38.4%	33.1%	34.9%

Notes:
a/  Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLII – No. 3 – Cocoa year 2015/2016
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 2015/2016 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 2015/2016 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 2012/2013 to 2014/2015 and quarterly statistics for the period July-September 2014 to January-March 2016. 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 2006/2007 to 2014/2015 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
Westgate House
Ealing
London W5 1YY
Tel: +44 (0)20 8991 6000
Fax: +44 (0)20 8997 4372
E-mail: registry@icco.org or info@icco.org