Demand for cocoa is steadily climbing, driven primarily by the growing world population, rapid development of emerging markets and rising incomes. Although distributed and used in products available all over the world, around 70 percent of the global cocoa supply currently originates from three producing countries in the equatorial belt – Ivory Coast, Ghana and Indonesia.

Supply and Demand Imbalance on the HorizonAccording to Credit Suisse data, global demand on average has been growing by about 2.5 percent per year over the past ten years.

Chocolate crisis ?
Amid rising chocolate product demand, especially in emerging markets, those involved in the complex cocoa supply chain face a host of challenges

Cocoa and chocolate producer Barry Callebaut believe this ongoing upward trend will threaten to outpace supply by as much as one million metric tons by 2020. “With current demand levels, cocoa stocks are still ample. However, we note a falling trend in the ratio of cocoa inventory to grinding, which indicates effective tightening of the supply picture,” says Credit Suisse’s Joe Prendergast.

via Credit Suisse – Are We on the Brink of a Chocolate Supply Crisis?.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Thailand offers crypto tax waiver for companies’ investment tokens

In addition to more conventional techniques like debentures, companies would have access to investment tokens as an additional source of money

Bangkok to Host World Chinese Entrepreneurs Convention (WCEC) in June

According to Thai-Chinese Chamber of Commerce Advisor Lin Wei, guests will include Chinese nationals and members of civic and governmental groups from nations worldwide.