Cameroon Cocoa Crushers Intake Rises On Year

Cocoa Prices End Sharply Lower as Cameroon Boosts Cocoa …

Cocoa prices Thursday sold off sharply after Cameroon's National Cocoa and Coffee Board reported that 2023/24 (Aug/July) Cameroon cocoa production rose +1.2% y/y to 266,725. ...

Cameroon export earnings rise 84% to $815m on higher …

Cameroon's 2023/2024 cocoa season saw a 1.17% increase in production, reaching 266,725 tons. Exports of 185,613 tons generated 265.3 billion FCFA ($815 million), …

Cameroon's 2015/16 cocoa production rises 16 pct y/y

Cameroon's cocoa production rose nearly 16 percent year-on-year to 269,495 tonnes in the 2015/16 season, National Cocoa and Coffee Board (NCCB) data released on Thursday showed.

Cameroon's cocoa sector boasts record earnings …

This marked an 18% increase from the previous year, accounting for 9% of Cameroon's total export revenue in 2022. Meanwhile, cocoa processors exported 80,313 tons of cocoa derivatives, including 50,813 tons of cocoa …

Cocoa hits record high as global shortage worsens in first …

The number of "grindings" — beans processed by the industry to eventually be turned into chocolate — fell by 2.5 per cent in the first three months of the year compared with the same ...

Why are Cameroon's cocoa farmers struggling? | World …

As the world's fifth-largest cocoa producer, Cameroon should be reaping the benefits of the growing global appetite for high-quality chocolate. But farmers in Konye, in the country's southwest, are struggling to support themselves as unusually harsh weather takes a big bite out of their cocoa income. ... "I sold 262 kg of cocoa last year ...

Cameroon Launches 2024-2025 Cocoa Season as Bean Prices …

This figure represents a 12.9% increase from the prior year and accounts for 12% of Cameroon's total export earnings in 2023. Additionally, 73,236 tons of cocoa derivatives were sold on the international market, including 49,411 tons of cocoa paste and 23,825 tons of …

Cameroonian cocoa prices hit record high amid global …

CAMEROON – In a historic achievement for Cameroon's cocoa market, producer prices per kilogram surged to an unprecedented CFA4,225 (US$7.04) during a collective cocoa sale on March 5, 2024, in the key cocoa-producing area of Abong-Mbang, Eastern Cameroon. This record-breaking rate is now recognized as the highest both nationally and globally.

Cameroon Volume of Cocoa Beans Bought by Crushers in …

By Emmanuel Tumanjong Special to DOW JONES NEWSWIRES YAOUNDE, Cameroon--The volume of cocoa beans bought by crushers in Cameroon in the...

Cameroonian cocoa prices hit record high amid global …

CAMEROON – In a historic achievement for Cameroon's cocoa market, producer prices per kilogram surged to an unprecedented CFA4,225 (US$7.04) during a collective …

Cameroon cocoa hits record prices amid global demand surge

The adverse conditions in the international market have led to a surge in cocoa prices, translating into better remuneration for producers in countries like Cameroon. As reported by Ecofin Agency, "since the start of 2024, cocoa has been the best-performing agricultural commodity on the markets, gaining 56.4%, or more than $2,300 per ton ...

Unraveling the Cocoa Producers in Cameroon: A Sweet Affair

The cocoa industry in Cameroon has seen substantial growth over the years, with many companies contributing to its success. Unraveling the Cocoa Producers of Cameroon Key Cocoa Producers in Cameroon. 1.Socapalm (Société Camerounaise de Palmeraies) Socapalm, a subsidiary of the Bollore Group, is one of the largest cocoa producers in …

Cocoa Impact Report

Global cocoa production has grown to over 4 million tons a year and is dominated by Côte d'Ivoire, which produces around 2.2 million tons annually, and Ghana (1.1 million tons in 2021). Together, these two countries account for over 50% of the world's cocoa output. The global Fairtrade cultivation area of organic cocoa increased by 3% in 2020.

Statistics

Data posted on this web page cover production and grindings of cocoa beans by the main producing/exporting and importing countries for the last three cocoa years. The cocoa year runs from 1 October to 30 September. Forecasts for the current cocoa year and more detailed information are available in the Quarterly Bulletin of Cocoa Statistics ...

The cocoa price cap rises again, after 6 weeks of …

The cocoa price cap rises again, after 6 weeks of stagnation. Comments - Monday, 27 June 2022 15:51. (Business in Cameroon) - The cocoa price cap in Cameroon rose to CFA1,200 per kg (+CFA25) on May 24, 2022, …

Purchases by Cameroon cocoa grinders rise in May

Cameroon's local cocoa grinders purchased 30,820 tonnes of cocoa beans for local grinding by the end of May, up slightly from 29,205 tonnes in the same period last season, National Cocoa and Coffee Board (NCCB) data showed on Thursday.

Cameroon Launches 2024-2025 Cocoa Season as Bean …

Producing legal, sustainable and zero-deforestation cocoa in Cameroon …

Global demand for goods produced under legal and sustainability standards is on the rise. These days, many consumers demand reassurance that they are not generating negative impacts on the forest with the products they buy. Cameroon, a net exporter of tropical commodities, is naturally concerned by these new market requirements. For the past fifteen …

Cocoa prices soar to record highs as traders …

Exporters and pod counters in No. 2 cocoa producer Ghana told Reuters output for the current 2023-24 season is expected to reach just 475,000-500,000 tons versus 655,000 last year.

Cocoa producer price rises in Cameroon | Ravichandran …

Cocoa: the producer price breaks a new record in Cameroon at more than 3,000 FCFA per kg, thanks to group sales Between February 15 and 19, 2024, cocoa…

Cameroonian cocoa exporters get the lion's share

(Business in Cameroon) - Cocoa exports during the 2021-22 campaign in Cameroon generated a total of CFA288.7 billion in revenue, according to data from the national cocoa coffee office (ONCC). This sum, collected by the 38 active exporters identified over the period, is largely higher than the profit made by producers.

Cocoa Price Surge Provides Boosts to Cameroon's …

FILE - A farmer works on cocoa pods in Ntui village, Cameroon, December 17, 2017. YAOUNDE — A sharp rise in the price for cocoa beans has boosted the incomes of farmers in Cameroon, as top global producers Ivory …

Why the global cocoa market is melting down

The chocolatier may have to eat his words. This season, for the third year in a row, cocoa supply is expected to fall short of demand—by 8.5% of global production.

Cameroon: chocolate-makers squeezed by high cocoa prices

In recent weeks, cocoa has become scarce on the international market, pushing the price per tonne to over $10,000. For the three cocoa-producing countries of Ghana, Ivory Coast, and Cameroon ...

Cameroon: chocolate-makers squeezed by high …

In recent weeks, cocoa has become scarce on the international market, pushing the price per tonne to over $10,000. For the three cocoa-producing countries of Ghana, Ivory Coast, and Cameroon ...

February 2024 Quarterly Bulletin of Cocoa Statistics

Abidjan, Côte d'Ivoire, 29 February 2024 – The International Cocoa Organization today releases its first forecasts for the 2023/24 cocoa year and revised estimates of world production, grindings, and stocks of cocoa beans for the 2022/23 cocoa year.The data published in Issue No. 1 – Volume L – Cocoa year 2023/24 of the Quarterly Bulletin of Cocoa Statistics, reflect the most …

Cameroon's traded cocoa volume rose 16.4% to 292,471 T …

Cameroon's domestic traded cocoa volumes rose 16.4% to 292,471 tonnes in the 2020/2021 season compared with the same period a year ago, data from the National Cocoa and Coffee Board (NCCB) showed ...

Cameroonian cocoa prices hit a new high as Telcar Cocoa …

Additionally, the government intends to campaign in the coming weeks for Cameroon's cocoa to be recognized as an agroforestry product and be remunerated accordingly, beyond conventional cocoa prices. In this regard, Cameroon should receive a premium," states the Ministry of Commerce's communication unit. The sustained rise in cocoa prices in ...

As cocoa per kilo price shoots up: Trade minister says trend …

The Minister of Trade, Luc Magloire Mbarga Atangana, has said, the historic per kilo price of cocoa that has hit 2,000 FCFA this year signals a boom in the offing for the 2023-2024 cocoa …

Roadmap to Deforestation-Free Cocoa in Cameroon

Cameroon is an important cocoa producing country, the 5th largest in the world. Growing conditions for cocoa are ideal in the Congo Basin region, where rainforests maintain moist tropical conditions. However, these forests are under threat, as the country's objective to double cocoa production by 2020 may translate into expansion in primary forests and protected …