Cacao Production Will Keep Rising In 2015Projections are that next year's global grain production will remain insufficient to meet the growing demand, raising the international price to historically high levels.Wednesday, December 3, 2014
In the international market the price of cocoa reported a 10% increase up to September this year, reaching $3.39 per ton of grain in the stock market in New York. It is expected that this trend will continue in 2015 due to high demand for the product. Source: Estrategiaynegocios.net ¿Busca soluciones de inteligencia comercial para su empresa?More Competition in the Cocoa MarketAugust 2014 This year Ecuador could surpass Brazil as the largest producer of cocoa in America, with an expected increase of 9% in production, estimated at 240 thousand tons. Costa Rica: The Business of Adding Value to CocoaJuly 2014 Although local cocoa farming has declined, artisanal chocolate producers are taking advantage of increased global demand and are exporting to markets such as Switzerland, Canada and the USA. Excellent Prospects for CocoaJuly 2014 Projections are for a deficit of 1 million metric tons globally in 2020 due to the rapid growth in demand for chocolate in Asia. Global Demand for Cocoa BeansMay 2014 It is estimated that in Asia alone demand for the grain will increase between 5% and 9% in the next four to five years, opening up opportunities for high quality cocoa for america producers.
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