Cocoa Outlook Infographic

Cocoa has grown to a €14.7 billion industry as consumers around the world have developed a taste for chocolate. But could a shortfall be coming? Production is declining in the Ivory Coast and Ghana (60% of world’s cocoa) while demand is rising in Brazil, Eastern Europe, and India. According to the International Cocoa Organization demand could surpass production by one million tonnes in 2022/23.

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