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Cocoa production in Côte d'Ivoire: a decrease recorded due to multiple factors

07/12/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Cocoa exporters in Côte d'Ivoire have indicated that production is falling due to several factors. For the latter, annual production is expected to be around 1.9 million tons this season, compared to nearly 2.3 million last season.

The Ivorian government announced from 1 April to 30 September that a harvest oscillated between 450,000 tons and 500,000 tons, a volume down from 600,000 tons in the previous interim season. Weather conditions in recent months have been marked by heavy rains that have had a negative influence on the harvest, according to some experts. Concern over dwindling cocoa harvests in Côte d'Ivoire has caused a sudden rise in global cocoa prices in recent weeks

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