London, 28 August 2015–The International Cocoa Organization today releases its revised forecasts for the current 2014/2015 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for 2013/2014, as summarized below. The data published in Issue No. 3 – Volume XLI – Cocoa year 2014/2015 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of August 2015.
Summary of revised forecasts and estimates
|(thousand tonnes)||(Per cent)|
|World production||4 370||4 168||4 158||– 212||– 4.9%|
|World grindings||4 304||4 164||4 131||– 173||– 4.0%|
|Surplus/deficit b/||+ 22||– 38||– 15|
|End-of-season stocks||1 616||1 570||1 601||– 15||– 0.9%|
a/ Estimates published in Quarterly Bulletin of Cocoa Statistics, Vol. XLI – No. 2 – Cocoa year 2014/2015
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 revised forecasts for the 2014/2015 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 April-June quarter of 2015.
Statistical information on trade in cocoa beans, cocoa products and chocolate, by country and by region, published in this edition, covers annual data from 2011/2012 to 2013/2014 and quarterly statistics for the period April-June 2013 to October-December 2014. 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 2005/2006 to 2013/2014 are presented for reference.
Copies of the Quarterly Bulletin of Cocoa Statistics, including in Microsoft Excel files and Adobe PDF format versions, can be ordered by completing and returning this form or from the ICCO Secretariat at the address below: