Abidjan, 29 May 2020 - The International Cocoa Organization today releases its revised forecasts for the 2019/20 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for the 2018/19 cocoa year. The data published in Issue No. 2 - Volume XLVI - Cocoa Year 2019/20 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of May 2020.

 

Summary of forecasts and revised estimates

 

 

      Cocoa year (Oct-Sep)

2018/19 2019/20  Year-on-year change
 Revised estimates Previous forecasts a/
Revised forecasts
(thousand tonnes)   (Per cent)
 World gross production 4 780 4 824 4 750 - 30 - 0.63%
  World grindings 4 784 4 861 4 783 - 1
- 0.02%
  Surplus/deficit    b/ - 52
- 85 - 80
  End-of-season stocks 1 718 1 530
1 638
-80
- 4.66%
  Stocks/Grindings ratio 35.9% 31.5% 34.2%

 

Notes:

a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLVI - No. 1 -  Cocoa year 2019/20

b/ Surplus/deficit: net world crop (gross crop adjusted for loss in weight) minus grindings

Totals may differ due rounding.

 

This issue of the Bulletin contains the Secretariat's revised forecasts for the 2019/20 cocoa year as well as data for the past four years of production and grindings of cocoa beans, details by country. The main features of the global market are illustrated in colour charts. In addition, the Bulletin includes comments on the crop and demand prospects in the leading countries for the current season, a review of price developments on international markets for cocoa beans during the January-March quarter of 2020 and the evolution of trade flow data estimated for major cocoa exporting and importing countries during the first quarter of the 2019/20 season.

Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers crop year data from 2016/17 to 2018/19 and quarterly statistics for the period April-June 2018 to October-December 2019. Details of destination of exports and origin of imports for leading cocoa exporting countries are also provided. Historical statistics on cocoa trade, by country and by region, for the period 2010/11 to 2018/19 are presented for reference. 

Copies of the Quarterly Bulletin of Cocoa Statistics, including Microsoft Excel files and Adobe PDF format can be ordered by completing and returning this form, by email to This email address is being protected from spambots. You need JavaScript enabled to view it. or by fax to the ICCO Secretariat at the address below::

 

International Cocoa Organization | ICCO Building | II-Plateaux ENA - Avenue Boga Doudou | Abidjan | Côte d'Ivoire | Tel: +225 22 51 49 50/51 | Fax: +225 22 51 49 79 | Email: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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ICCO Secretariat

Postal Address:
International Cocoa Organization
06 BP 1166 Abidjan 06
Côte d'Ivoire

Tel:  +225 22 51 49 50/51
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General Information

Further information on the ICCO, the cocoa market, statistics, meetings, or any other subject related to the world cocoa economy can be obtained by contacting the Information and Media Officer at This email address is being protected from spambots. You need JavaScript enabled to view it.