February 2020 Quarterly Bulletin of Cocoa Statistics

Abidjan, 6 March 2020 – The International Cocoa Organization today releases its first forecasts for the 2019/20 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for 2018/19 cocoa year. The data published in Issue No. 1 – 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 February 2020.


Summary of forecasts and revised estimates

 Cocoa year 


2018/19 2019/20 Year-on-year change
Previous estimates a/ Revised estimates Forecasts
(thousand tonnes) (Per cent)
World gross production 4 834 4 745 4 824 + 79 + 1.7%
World grindings 4 807 4 805 4 861 + 56 + 1.2%
Surplus/deficit   b/ – 21 – 107 – 85
End-of-season stocks 1 701 1 615 1 530 – 85 – 5.3%
Stocks/Grindings ratio 35.4% 33.6% 31.5%


a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLV – No. 4 – Cocoa year 2018/19

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

Totals may differ due to rounding.


This issue of the Bulletin contains the Secretariat’s first 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 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 October-December quarter of 2019 and the evolution of trade flow data estimated for major cocoa exporting and importing countries during the 2018/19 season.

Quarterly Bulletin of Cocoa StatisticsStatistics 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 January-March 2018 to July-September 2019. Details of destination of exports and origin of imports for leading cocoa exporting and importing countries are also provided. Historical statistics on cocoa trade and consumption, 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 formor from 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: info@icco.org