The Executive Director a.i. presents his compliments and has the honour to refer to the decision taken by the International Cocoa Council during its 83rd regular session in March 2011 related to document ED(MEM) 923/Rev.1 concerning the implementation of the recommendations of the First and Second Roundtables on a Sustainable Cocoa Economy (RSCE1 and RSCE2).

Members and Observers who have not yet responded are kindly requested to consult as appropriate with the relevant agencies and institutions in their countries in providing information to the Secretariat on the activities and initiatives underway pursuant to the above-mentioned recommendations and to complete and return the questionnaires to the Secretariat at the earliest opportunity.  In this connection, it is noted that the European Union has undertaken to reply to the Secretariat on behalf of its Member States.  The Secretariat would also welcome any other feedback or comments that Members and Observers may wish to make (with or without a completed questionnaire) related to the two Roundtables.

The information provided within the questionnaires and replies will be presented in document ICC/83/6/Rev.1, for consideration by the Council at its 84th regular session in September 2011.

The questionnaires, the “Accra Agenda”, the “Declaration of Trinidad and Tobago” and document ICC/80/7 on the “Implementation of the Recommendations of the First and Second Roundtable Meetings for a Sustainable Cocoa Economy” were attached with ED(MEM) 923 and ED(MEM) 923/Rev.1.   To save paper and costs, these documents are not being re-circulated. They are available to download here.

The International Cocoa Organization today releases its first forecasts for the 2010/2011 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for the 2009/2010 cocoa year, as summarized below.  The data published in issue No. 1 – Volume XXXVII – Cocoa year 2010/2011 of the Quarterly Bulletin of Cocoa Statistics reflect the most recent information available to the Secretariat as at the middle of February 2011.

Summary of forecasts and revised estimates

Cocoa year (Oct-Sep) 2006/2007 2007/08 Year-on-year change
 Previous estimates a/  Revised estimates  Forecasts
(thousand tonnes)  (Per cent)
World production 3 613 3 647  3 938  + 291 + 8.0%
World grindings 3 659 3 677 3 780 + 103 + 2.8%
Surplus/deficit b/ – 82 – 66 119
End-of-season stocks 1 631 1 644 1 763  + 119 + 7.2%
Stocks/Grindings ratio  44.6%  44.7% 46.6%

Notes:
a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XXXVI – No. 4 – Cocoa year 2009/2010
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 first forecasts for the 2010/2011 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 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 October – December quarter of 2010.

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 from October-December 2008 to April-June 2010.  Details of origin of imports and destination of exports for leading cocoa importing countries are also provided.  Historical statistics on cocoa trade and consumption, by country and by region, for the period from 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
Fax:+44 (0)20 7421 5500
E-mail: statistics@icco.org or assoc.statistics@icco.org

The Regional Workshop for the ICCO SPS Cocoa Project in Africa took place 7 – 10 June 2011, in Yaoundé, Cameroon.

The Workshop was held at Hotel Mont Fébé in Yaoundé, and was hosted by the government of Cameroon.

Click here for more details of the Workshop and of the SPS Cocoa Project in Africa, available from the SPS section of the website.

The International Cocoa Council and subsidiary bodies, including the Consultative Board on the World Cocoa Economy, will meet 20 – 23 September, 2011.