All news articles for November 2021

The ICCO said that even though grindings increased year-on-year it was not sufficient to absorb excess production. Pic: ConfectioneryNews

Grindings

ICCO expects 10% increase in world cocoa output

By Anthony Myers

The International Cocoa Organisation (ICCO) forecasts a 10% increase in the world cocoa production and a 25% increase in the cocoa price in the next decade. Based on the forecast, the total cocoa production will be approximately 4,700,000 tonnes in 2022-2023.

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