Author(s): ICCO
XLVIII – cocoa year 2021/22 of the Quarterly Bulletin of Cocoa Statistics, reflect the most recent information available to the Secretariat as at the beginning of May 2022.
Compared to the 2020/21 season, for the current 2021/22 season, the forecast for global production is projected to decline by 6% to 4.923 million tonnes. Grindings on the other hand are expected to increase by almost 2% to 5.048 million tonnes. The gap will be covered by a reduction in stocks of 9%.
Several factors including adverse weather conditions and diseases are negatively affecting production for the ongoing season, with concerns for the size and quality of the ongoing mid-crop in West Africa.
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