The World Cocoa Market

ICCO constantly follows and analyses the world cocoa market. Each quarter, recent developments in the market are reviewed together with longer-term trends and forecasts. Any findings resulting from studies and analyses are subsequently translated into recommendations and action. These include initiatives to work in co-operation with governments in cocoa producing countries to improve the provision of cocoa market information to smallholder cocoa farmers.

Quarterly Review

The Quarterly review of the world cocoa market situation provides an update on developments for the preceding quarter. It concentrates on prices, but also gives information on recent developments in production, grindings, stocks and prices of semi-products. The review also contains the latest estimates of production and grindings for the current season. You can find the latest Cocoa Market Review in this site.

Longer-Term Analyses

Each year, the ICCO secretariat prepares a document on long-term trends in the world cocoa market, including production and consumption. The document also presents analyses of underlying trend factors, such as areas under cultivation, developments in productivity, pest and disease incidences, etc. Ad hoc studies and analyses are also provided on the functioning of the world market as a whole and on selected market aspects. The latest Assessment of the movements of global supply and demand is contained in this site.

Forecasts

At least once a year, the ICCO secretariat prepares an analysis of five year forecasts on projected developments in the world cocoa economy, covering prices, production, grindings and stocks. These analyses are based on the ICCO econometric model for the world cocoa economy and include production projections in the major cocoa producing countries. The annual forecasts of production and consumption and estimates of production levels to achieve equilibrium in the world cocoa market are contained in this site.