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Icco releases revised forecasts for key data in 2019/20 cocoa year

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ABIDJAN, Côte d’Ivoire – The International Cocoa Organization today releases its revised forecasts for the 2019/20 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for the 2018/19 cocoa year.

The data published in Issue No. 2 – 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 May 2020.

This issue of the Bulletin contains the Secretariat‘s revised forecasts for the 2019/20 cocoa year as well as data for the past four years of production and grindings of cocoa beans, details by country.

The main features of the global market forecasts 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 January-March quarter of 2020 and the evolution of trade flow data estimated for major cocoa exporting and importing countries during the first quarter of the 2019/20 season.

Notes:

a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLVI – No. 1 – Cocoa year 2019/20
b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings
Totals may differ due rounding.

Statistical information and forecasts 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 April-June 2018 to October-December 2019.

Details of destination of exports and origin of imports for leading cocoa exporting countries are also provided. Historical statistics from the ICCO on cocoa trade, by country and by region, for the period 2010/11 to 2018/19 are presented for reference.