L’ORGANISATION INTERNATIONALE DU CACAO SOUHAITE LA BIENVENUE À LA COLOMBIE, SON 52E MEMBRE

Abidjan, Côte d’Ivoire, 8 décembre 2021. L’Organisation internationale du cacao a l’honneur d’annoncer qu’à l’issue d’un processus entamé en 2019, la Colombie a rejoint l’ICCO en tant que pays Membre de plein droit.

Hier, le 7 décembre 2021, S.E. M. Iván Duque, président de la République de Colombie, a signé la loi qui entérine l’adhésion de la Colombie à l’ICCO, lors d’une cérémonie à laquelle ont participé les représentants du secteur cacaoyer colombien et une délégation de l’ICCO conduite par son Directeur exécutif, M. Michel Arrion.

L’adhésion de la Colombie portera le nombre de Membres de l’ICCO à 52 pays, dont 23 pays Membres exportateurs et 29 pays Membres importateurs. La Colombie sera le neuvième pays Membre de la région d’Amérique latine et des Caraïbes, rejoignant le Brésil, le Costa Rica, l’Équateur, le Nicaragua, le Pérou, la République dominicaine, Trinité-et-Tobago et le Venezuela.

Le Directeur exécutif de l’ICCO, M. Michel Arrion, a salué la nouvelle en ces termes : « Nous sommes heureux d’accueillir la Colombie en tant que 52e Membre de l’ICCO. L’adhésion de la Colombie est une preuve tangible de notre engagement commun à assurer la durabilité de l’économie cacaoyère mondiale grâce à une coopération plus étroite entre les pays exportateurs et importateurs ».

Au cours de son séjour en Colombie, la délégation de l’ICCO a également eu l’occasion d’établir des contacts avec les associations sectorielles colombiennes, telles que la Fedecacao, qui a joué un rôle clé dans la réussite de ce processus, ainsi qu’avec des représentants du secteur privé. Elle a visité par ailleurs l’une des principales régions cacaoyères du pays.

 

À propos de l’ICCO

L’Organisation internationale du cacao (ICCO) est une organisation intergouvernementale fondée en 1973 sous les auspices des Nations Unies et fonctionnant dans le cadre des successifs Accords internationaux sur le cacao. Le siège de l’ICCO se trouve à Abidjan, en Côte d’Ivoire.

L’Organisation compte 52 pays Membres, dont 23 pays exportateurs de cacao et 29 pays importateurs de cacao. Ces pays Membres représentent conjointement 92 % des exportations mondiales de cacao et 80 % des importations mondiales de cacao (https://www.icco.org/who-we-are/membership/)

L’ICCO a pour objectif de promouvoir et de soutenir la durabilité économique, sociale et environnementale de la chaîne de valeur du cacao et en particulier d’améliorer les conditions de vie des cacaoculteurs. L’Organisation constitue un centre de connaissance et d’innovation au sein de l’économie cacaoyère mondiale, une plateforme de coopération institutionnelle visant à encourager le dialogue entre ses pays Membres et entre les principales parties prenantes de la chaîne de valeur du cacao, ainsi qu’un pôle d’assistance technique pour ses pays Membres.

Pour plus d’informations, veuillez contacter :    info@icco.org

THE INTERNATIONAL COCOA ORGANIZATION WELCOMES COLOMBIA AS ITS 52ND MEMBER

Abidjan, Côte d’Ivoire, 08 December 2021. The International Cocoa Organization is honored to announce that, after a process that began in 2019, Colombia has joined the ICCO as a full Member country.

Yesterday on 7 December 2021, H.E. Mr Iván Duque, President of the Republic of Colombia, signed into law the bill for Colombia’s accession to the ICCO during an event attended by both representatives of the Colombian cocoa sector and a delegation from the ICCO, headed by its Executive Director, Mr Michel Arrion.

Colombia’s accession will expand the ICCO’s membership to 52 countries, with 23 exporting Member countries and 29 importing Member countries. Colombia will be the ninth Member country in the Latin America and Caribbean region, joining Brazil, Costa Rica, Ecuador, Nicaragua, Peru, Dominican Republic, Trinidad and Tobago and Venezuela.

Welcoming the news, the ICCO Executive Director Mr Michel Arrion said “We are pleased to welcome Colombia as the 52nd Member of the ICCO. Colombia’s membership is tangible proof of our shared commitment to achieve a more sustainable world cocoa economy through enhanced cooperation between exporting and importing countries”.

During its stay in Colombia, the ICCO delegation also had the opportunity to liaise with relevant Colombian associations, such as Fedecacao, which played a key role in the completion of this process, and with private sector representatives, and visited one of the main cocoa producing regions in the country.

 

About ICCO

The International Cocoa Organization (ICCO) is an inter-governmental organization established in 1973 under the auspices of the United Nations and operating within the framework of successive International Cocoa Agreements. The ICCO is headquartered in Abidjan, Côte d’Ivoire.

The Organization comprises 52 Member countries, of which 23 are cocoa exporting countries and 29 are cocoa importing countries. These Member countries together represent 92% of world cocoa exports and 80% of world cocoa imports (https://www.icco.org/who-we-are/membership/)

The ICCO seeks to promote and support the economic, social, and environmental sustainability of the cocoa value chain, and in particular to improve the living conditions of cocoa farmers. The Organization acts as a center for knowledge and innovation in the world cocoa economy; as a platform for institutional cooperation to foster dialogue among its Member countries and between key stakeholders in the cocoa value chain; and as a source of technical assistance for its Member countries.

For more information, please contact:           info@icco.org

La Organización Internacional Del Cacao da la bienvenida a Colombia como 52º país Miembro

Abidjan, Côte d’Ivoire, 8 de diciembre de 2021. La Organización Internacional del Cacao tiene el honor de anunciar que, tras un proceso que se inició en 2019, Colombia ha ingresado en la ICCO como país Miembro de pleno derecho.

Ayer, día 7 de diciembre de 2021, el Excmo. Sr. D. Iván Duque, Presidente de la República de Colombia, firmó la ley que autoriza el ingreso de Colombia en la ICCO, en un acto al que asistieron representantes del sector cacaotero colombiano y una delegación de la ICCO, encabezada por su Director Ejecutivo, D. Michel Arrion.

Con el ingreso de Colombia, la ICCO ya cuenta con 52 países Miembros, de los cuales 23 son países Miembros exportadores, y 29 son países Miembros importadores. Colombia será el 9º país Miembro de la región de América Latina y el Caribe, uniéndose a Brasil, Costa Rica, Ecuador, Nicaragua, Perú, la República Dominicana, Trinidad y Tobago y Venezuela.

Celebrando la buena noticia, el Director Ejecutivo de la ICCO, D. Michel Arrion, comentó: “Nos complace dar la bienvenida a Colombia como 52º Miembro de la ICCO. El ingreso de Colombia representa una prueba tangible de nuestro compromiso compartido de lograr una economía cacaotera mundial más sostenible a través de una colaboración más estrecha entre países exportadores e importadores”.

Durante su estancia en Colombia, la delegación de la ICCO también aprovechó la oportunidad de tomar contacto tanto con varias asociaciones cacaoteras relevantes de Colombia, entre ellos Fedecacao, que desempeñó un papel clave en la finalización de este proceso, como con el sector privado; asimismo, visitó una de las principales regiones cacaoteras del país.

 

Sobre la ICCO

La Organización Internacional del Cacao (ICCO) es una organización intergubernamental creada en 1973 bajo los auspicios de las Naciones Unidas, que opera dentro del marco de sucesivos Convenios Internacionales del Cacao. La ICCO tiene su sede en Abidjan, Côte d’Ivoire.

La Organización cuenta con 52 países Miembros, de los cuales 23 son países exportadores de cacao y 29 son países importadores de cacao. Estos países Miembros juntos representan el 92% de las exportaciones mundiales de cacao y el 80% de las importaciones mundiales de cacao (https://www.icco.org/who-we-are/membership/)

La ICCO tiene como objetivo promover y apoyar la sostenibilidad económica, social y medioambiental de la cadena de valor del cacao y, en particular, mejorar las condiciones de vida de los cacaocultores. La Organización actúa de centro de conocimientos e innovación en la economía cacaotera mundial; de plataforma de cooperación institucional para fomentar el diálogo entre sus países Miembros, así como entre los participantes clave en la cadena de valor del cacao; y de fuente de asistencia técnica para sus países Miembros.

Para más información, contactar con:           info@icco.org

November 2021 Quarterly Bulletin of Cocoa Statistics

Abidjan, 30 November 2021 – The International Cocoa Organization today releases its revised estimates for the 2019/20 and 2020/21 cocoa years of world production, grindings, and stocks of cocoa beans, summarized below. The data published in Issue No. 4 – Volume XLVII – Cocoa Year 2020/21 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of November 2021.

For this issue, several revisions have been made to the 2020/21 cocoa balance sheet. On the supply side, the production estimate has been adjusted up by 34,000 tonnes to 5.175 million tonnes, almost 1% above estimate provided in the previous Bulletin. A higher yield observed in most of the major producing countries underlined the upward revisions. Indeed, conducive weather conditions globally played a major role in setting a new production record.

On the demand side, grindings have been adjusted higher by almost 51,000 tonnes to 4.911 million tonnes based on increased use of beans as reflected in the trade of cocoa products. Notwithstanding the challenges of COVID-19, the opening of economies worldwide in 2021 has stimulated the overall recovery observed in the 2020/21 season’s grindings. Cocoa grindings in 2020/21 are heading towards pre-pandemic levels – from an estimate of 4.707 million tonnes in 2019/20 to 4.911 million tonnes in 2020/21, which reflects a 4% year-on-year increase.

Summary of revised estimates

 

Cocoa year
(Oct-Sep)		 2019/2020 2020/2021 Year-on-year change
Revised
estimates		 Previous
estimates a/		 Revised
estimates
(thousand tonnes) (Per cent)
World production 4 735 5 141 5 175 + 440 + 9.3%
World grindings 4 707 4 860 4 911 + 204 + 4.3%
Surplus/deficit b/ -19 + 230 + 212
 
End-of-season stocks 1 712 1 963 1 924 + 212 + 12.4%
Stocks/Grindings ratio 36.4% 30.4% 39.2%

Notes:
a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLVII – No. 3 – Cocoa year 2020/2021
b/  Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings. Totals may differ due to rounding

 

Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers annual data from 2017/18 to 2019/20 and quarterly statistics for the period October-December 2019 to April-June 2021. Details on destinations of exports and origins of imports for leading cocoa exporting countries are also provided.

Copies of the Quarterly Bulletin of Cocoa Statistics, in Microsoft Excel and Adobe PDF formats, can be ordered from the new ICCO e-Shop: www.icco.org/shop or by email: statistics.section@icco.org

ED(MEM) 1168 – 36th Special Session of ICCO Council

ED(MEM) 1168 – 36th Special Session of ICCO Council – French

ED(MEM) 1168 – 36th Special Session of ICCO Council – Spanish

ED(MEM) 1168 – 36th Special Session of ICCO Council – English

ED(MEM) 1168 – 36th Special Session of ICCO Council – Russian

 

 

October 2021 Monthly Cocoa Market Report

Abidjan, 19 November 2021 – The International Cocoa Organization today releases the Cocoa Market Report for October 2021. The current report highlights the following insights:

  • Prices of the nearby contract tumbled by 9% and 6% in London and New York respectively in October.
  • Compared to their levels seen a year ago, monitored stocks of cocoa beans in exchange licensed warehouses went up by 19% in Europe and by 51% in the United States.
  • Since the beginning of 2021, gradings of cocoa on the London exchange reached 150,430 tonnes against 108,590 tonnes during the corresponding period of the previous year, while in the United States they soared from 25,143 tonnes to 112,066 tonnes.
  • Origin differentials generally remained low year-on-year.
  • Even though grindings increased year-on-year in Europe, North America and Southeast Asia for the third quarter of 2021, this was not sufficient to absorb excess production.

You can download the complete report from our Statistics section

 

ED(MEM) 1167 – COCOA SECTOR PAYMENT FOR ECOSYSTEM SERVICES REPORT BY SOUTH POLE – ENGLISH

ED(MEM) 1167 – Cocoa sector Payment for Ecosystem Services report by South Pole – English

ISCR2022 – Call for Abstracts

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September 2021 Monthly Cocoa Market Report

Abidjan, 13 October 2021 – The International Cocoa Organization today releases the Cocoa Market Report for September 2021. The current report highlights the following insights:

  • The average daily price of the nearby cocoa futures contract stood at US$2,322 per tonne in London during 2020/21, down by almost 2% year-on-year from US$2,358 per tonne recorded in the preceding season, while in New York it remained flat at US$ 2,508 per tonne compared to US$2,510 per tonne in 2019/20.
  • Compared to August, commercial traders further extended their average net short positions during September in both Europe and the United States, up by 50,021 contracts from 21,453 contracts to 71,474 contracts and by4,329 contracts from 26,184 contracts to 30,512 contracts respectively.
  • Stocks with valid certificates in exchange licensed warehouses increased year-over-year from an average of 113,290 tonnes to 136,253 tonnes in Europe, and from 14,600 tonnes in September 2020 to 53,596 tonnes in the United States over September 2021.
  • Compared to 2019/20, cocoa graded on the exchange during 2020/21 went up from 138,870 tonnes to 156,910 tonnes in Europe and from 25,679 tonnes to 109,599 tonnes in the United States.
  • In Europe, total deliveries against futures contracts during the 2020/21 cocoa year reached 210,400 tonnes, up from 55,770 tonnes delivered against futures contracts during the preceding cocoa year.
  • Origin differentials mirrored massive drops on both sides of the Atlantic in 2020/21.
  • Prices of cocoa butter descended in both Europe and the United States, while in contrast powder prices mainly followed an upward trend.
  • The average nominal farmgate price of cocoa beans for the 2021/22 main crop season declined from XOF1,000,000 (US$1,830) to XOF825,000 (US$1,467) per tonne in Côte d’Ivoire while in Ghana, it remained unchanged in local currency at GH¢10,560 (US$1,769) per tonne. (Based on foreign exchange data gathered from Refinitiv Eikon, during the 2020/21 cocoa year, on average US$1 = XOF546.34 and US$1 = GH¢5.81, while over 1-4 October 2021 (start of the 2021/22 season), US$1 = XOF562.25 and US$1 = GH¢5.97).

You can download the complete report from our Statistics section