Cocoa grinding figures decline across Europe due to COVID-19 affect
It recorded that production of cocoa in its region fell significantly in the second quarter of 2020.
Eleven German companies and BDSI members working from the bean reported that their production facilities ground a total of 78,885.2 tonnes of cocoa in the second quarter of 2020 – down 16.3% compared to the corresponding quarter of the previous year.
As in other countries, the downturn is partly due to sales channels that are important for many confectionery manufacturers, such as department stores and confectionery stores, remaining closed for the past two-three months due to the coronavirus crisis.
The European Cocoa Organization (ECA) also reports a decline for the second quarter of 2020 at 314,108 tonnes of raw cocoa were ground throughout Europe. This corresponds to a minus of 8.9% compared to the same quarter of the previous year.