Abidjan, 31 August 2020- The International Cocoa Organization today releases its revised forecasts for the current 2019/20 cocoa year and estimates for 2018/19 of world production, grindings and stocks of cocoa beans, summarized below. The data published in Issue No. 3 - 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 August 2020.

 

Summary of revised forecasts and estimates

Cocoa year

(Oct-Sept)

2018/19 2019/20 Year-on-year change 
Estimates Previous forecasts a/ Revised forecasts
  (thousand tonnes)   (Per cent)
           
World gross production 4 780 4 750 4 724 - 56 - 1.2%
World grindings 4 784 4 783 4 635 - 149 - 3.1%
Surplus/deficit b/ - 52 - 80 + 42    
           
End-of-season stocks 1 718 1 638 1 760 + 42 + 2.4%
Stocks/Grindings ratio 35.9% 34.2% 38.0%    

Notes:

a/ Forecasts published in Quarterly Bulletin of Cocoa Statistics, Vol. XLVI - No. 2 - Cocoa year 2019/20

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 forecasts for the 2019/20 cocoa year, as well as data for the past four years of production and grindings of cocoa beans, detailed by country. The cover page as well as the content of the Bulletin have been redesigned to contain several illustrations. Besides the global market illustrations in graphs, for visualization purposes, the information in each section has also been captured in a number of maps, pie charts and Sankey diagrams. 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 April-June quarter of 2020.

Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers annual data from 2016/17 to 2018/19 and quarterly statistics for the period July-September 2018 to January-March 2020. Details of origin of imports and destination of exports for leading cocoa importing 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
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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.