International Cocoa Congress in NicaraguaTuesday, February 16, 2016 The International Congress on Sustainable Fine Cocoa Production will take place in Nicaragua on 9th and 10th of March 2016. The state run Nicaraguan Institute of Agricultural Technology (INTA) is inviting researchers, producers, exporters, technicians and traders of cocoa, to the International Congress on Sustainable Fine Cocoa Production, to be held on the 9th and 10th of March in Nicaragua. More Competition in CocoaMonday, November 14, 2016 Ecuador is preparing a plan to reactivate the production of fine cocoa and plans to increase sales in the international market in 2025 to $3 billion. The recovery plan for aromatic fine cocoa will raise sales in the international market to $3 billion in 2025, above bananas and shrimp, which are Ecuador's star products. El Salvador: From Coffee Growers to Cocoa GrowersThursday, February 27, 2014 The coffee crisis has led farmers to diversify their crops by sowing fine aroma cocoa for export to the European market. Producers in the Cooperative Cacao Society of El Salvador (ES-Cacao) have pointed out that this year they plan to surpass the 175,00 fine cocoa plants already planted and export their production for the first time, to the European chocolate industry. First Shipment of Honduran Cacao to SwitzerlandWednesday, August 19, 2009 The first cocoa shipment would be sent by the end of October for Swiss company Chocolats Halba. The contract with the European company was signed in May, and the first shipments will correspond to the 2009/10 harvest, said Aníbal Ayala, president of the Honduran Cacao Growers Association. Nicaragua Will Sell Cacao to DenmarkThursday, February 25, 2010 In the next two years, 300 small and medium growers will sell cacao to Denmark through a company called Xoco. Xoco, a Danish corporation, committed to purchasing cacao for 30 years, paying 25% more than the international price. Nicaraguan Cocoa in the "Big Leagues"Wednesday, September 30, 2015 The country's inclusion in the list of fine cacao producers drawn up by the International Cocoa Organization has improved product positioning in the major buyer markets. From a statement issued by ProNicaragua: Boost for Nicaraguan Cocoa PromotionMonday, November 16, 2015 To develop a strategy for positioning the product worldwide, a commission made up of producers and traders has been created internally in the union of exporters. From a statement issued by the Association of Producers and Exporters in Nicaragua (APEN): Costa Rica Exports its Cocoa UnprocessedMonday, February 18, 2013 Costa Rican cacao is the finest in the world, but the country lacks the technology to process it, and the chocolate consumed is mostly imported. According to an article in Elfinancierocr.com, "Two projects developed by the Ministry of Agriculture and Livestock (MAG) and the Tropical Agricultural Research and Higher Education Center (CATIE by its initials in Spanish) have focused since 2007 on increasing the quantity and quality of crops" This has allowed a rise in cultivation and production of cocoa, which after the attack of a pest in the 80s, was practically nil. Honduran Cacao Goes to SwitzerlandMonday, October 17, 2011 In 2011 the country exported a total of 40 tons of cocoa to Halba, a Swiss chocolate maker. Exports generated $1.5 million in foreign exchange, said Anibal Ayala, president of the Honduran Association of Caco Producers (APROCACAHO). Asociación Guatemalteca de Exportadores -AGEXPORT- Company Profile
The Guatemalan Exporters Association is a private non-profit entity, established in 1982; that represents, promotes and develops non traditional exports of Guatemalan companies. Global Demand for Cocoa BeansWednesday, May 28, 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. Encouraged by the deficit of about 175,000 tonnes in the last world harvest, the return of traditional consumers in Europe and the United States and increasing consumption in emerging countries, cocoa prices rose by 25% in 2013 and continued to rise in early 2014, reaching a cost per ton of £1,900 ($3.200 U.S. dollars) in London and more than $3,000 in New York. More Competition in the Cocoa MarketFriday, August 29, 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. Like other producers of the grain, Ecuador is taking advantage of the surge in global demand for chocolate, devoting more resources to the cocoa industry in the country. Government assistance programs, new plantations and a lower incidence of El Niño on crops has led the sector to estimate that production will be 240,000 tonnes this year. Cocoa Defies Crisis in NicaraguaTuesday, September 24, 2019 After last year's sales of grain abroad grew 19% compared to 2017, in the first eight months of 2019 Nicaraguan cocoa exports totaled $5.8 million, 48% more than in the same period of 2018. Regarding the volume traded, the figures of the Exports Processing Center (Cetrex) that between January and August 2018 and the same period of 2019, the figure increased from 2,433 to 3,405 tons. Nicaragua Sells Less CocoaTuesday, January 15, 2019 Even though in 2018 cocoa was better quoted internationally, the volume sold abroad fell 8% compared to 2017, going down from 4,238 to 3,886 tons. In contrast to the negative variation in the volume traded, figures from the Export Processing Center (Cetrex) detail that between 2017 and 2018 the value of exports registered a 18.9% growth, increasing from $5.3 million to $6.3 million. This increase is explained by the behavior of the grain price. The Cocoa Business in the Dominican RepublicThursday, May 24, 2018 Between 2016 and 2017, cocoa exports plummeted by 41%, going from $227 million to $134 million, a reduction largely explained by weather conditions. According to representatives from the sector, in order to boost the crop in the country investment needs to be made in replacing plantations, as the performance currently recorded shows far from ideal figures. |
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