The International Cocoa Organization today releases its revised estimates for the 2009/2010 cocoa year of world production, grindings and stocks of cocoa beans, summarized below. The data published in Issue No. 4 - Volume XXXVI - Cocoa year 2009/2010 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the middle of November 2010.

 

ICCO Summary of revised estimates

Cocoa year (Oct-Sep) 2008/2009 2009/2010 Year-on-year change
  Revised estimates Previous forecasts a/ Revised estimates
  (thousand tonnes) (Percent)
World production 3 605 3 596 3 613 + 8 + 0.2%
World grindings 3 491 3 632 3 659 + 168 + 4.8%
Surplus/deficit b/ + 78 - 72 - 82    
           
End-of-season stocks 1 713 1 629 1 631 - 82 - 4.8%
Stocks/Grindings ratio 49.1% 44.9% 44.6%    

Notes:
a/ Forecasts published in Quarterly Bulletin of Cocoa Statistics, Vol. XXXVI - No. 3 - Cocoa year 2009/10
b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings
Totals and differences may differ due to rounding.

This issue of the Bulletin contains the Secretariat’s revised estimates for the 2009/2010 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 2009/2010 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 2006/2007 to 2008/2009 and quarterly statistics for the period July-September 2008 to January-March 2010. 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 2000/2001 to 2008/2009 are presented for reference.

Copies of the Quarterly Bulletin of Cocoa Statistics, including Microsoft Excel files and Adobe PDF format can be ordered from the ICCO Secretariat at the address below:

International Cocoa Organization
Commonwealth House
1-19 New Oxford Street
London WC1A 1NU
Tel: +44 (0)20 7400 5050

ICCO Secretariat

International Cocoa Organization
Westgate House
Ealing
London W5 1YY
United Kingdom

Tel:  +44 (0)20 8991 6000
Fax: +44 (0)20 8997 4372
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