Despite the tug-of-war imposed by the Ivory Coast and Ghana, producers and distributors maintain control over the chocolate sector and the price paid to producers. Explanations.
THE COCOA WAR (1/4) – A David versus Goliath fight… which ends, for the moment, with the victory of the giant. This is how the dispute between the Ivory Coast and Ghana – the world’s first and second largest producer of cocoa – with the brown gold industry for better remuneration for farmers looks like. If all players agree on the need to pay them better, it is impossible to reach a consensus on how to proceed.
Young Africa
New increase in cocoa grinds in the Ivory Coast
The Ivory Coast grinds more and more cocoa. According to the latest data from exporters’ association Gepex, cocoa milling increased by 6.9% year-on-year in November, reaching 113,803 tons. Compared to November 2021, the increase is 5.1% to 55,248 tons.
GEPEX data covers six of the largest shredding companies, including Barry Callebaut, Olam International and Cargill. Côte d’Ivoire has a total crushing capacity of 712,000 tonnes.
