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2007-11-01 13:56:29 · 8 answers · asked by PaRiS <3 1 in Food & Drink Non-Alcoholic Drinks

8 answers

While worldwide demand for chocolate is expected to grow 15% over the next 5 years, cocoa bean exporters pray for big harvests & higher cocoa prices.

In international trade, the chocolate industry is segmented by 3 broad categories: raw cocoa bean farming, cocoa processing and finished chocolate manufacturing.

After harvest, cocoa beans are generally exported to companies around the world with facilities for processing. Sometimes cocoa beans are first cleaned, fermented and roasted in their originating countries before export. More often, importing countries treat raw cocoa beans and then press them into intermediate products such as cocoa paste/liquor, cocoa butter, cocoa cake and cocoa powder. To create finished edible chocolates, chocolate manufacturers like Hershey also take intermediate cocoa and add such ingredients as sugar, milk and nuts.

World’s Top Cocoa Bean Countries

Cocoa bean farming is concentrated in the following 9 nations, which generate some 91% of global production. The list of world’s top cocoa bean countries is based on the latest production estimates for the 2006/7 season from the International Cocoa Organization.

1. Côte d’Ivoire … 1.3 million tonnes (37.4% of world’s total of 3.5 million tonnes)
2. Ghana … 720 thousand tonnes (20.7%)
3. Indonesia … 440 thousand tonnes (12.7%)
4. Cameroon … 175 thousand tonnes (5.0%)
5. Nigeria … 160 thousand tonnes (4.6%)
6. Brazil … 155 thousand tonnes (4.5%)
7. Ecuador … 118 thousand tonnes (3.4%)
8. Dominican Republic … 47 thousand tonnes (1.4%)
9. Malaysia … 30 thousand tonnes (0.9%)

Most cocoa bean producers are rural enterprises that depend on export earnings for their livelihoods. On the above list, African countries represent about 71.4% of total cocoa bean production. Central and South America account for 12.9% while Asian nations produce 15.7%. Over the past 3 years, world prices for cocoa beans have drifted lower. This has adversely affected revenues for countries that export cocoa beans, constraining their ability to import processed foods - ironically including chocolates.

Cocoa Chocolate Import Tariffs

Even though cocoa processing and finished chocolate manufacturing companies make much higher profits than cocoa bean farmers, top cocoa chocolate exporters continue to specialize in cocoa bean production. Historically, their motivation has been the fact that most importing countries impose much higher tariffs on processed cocoa and finished chocolates. For example, the European Union charges a 7.7% tariff on cocoa powder imports and 15% on chocolates containing cocoa butter, but exempts raw cocoa beans. Similarly, Japan and the United States have no ad valorem duty on unprocessed cocoa beans but charge significant cocoa chocolate import tariffs.

Some developing nations do impose high tariffs on cocoa bean imports, possibly to protect the growth of their cocoa chocolate industries. India collects a 35% duty on imported raw or roasted cocoa beans. Egypt has an import duty tax of 20% while Brazil charges a 15% tariff on cocoa bean imports.
Sources for this Article

This article presents independent calculations and insights based on data from the International Cocoa Organization (icco.org) and the Food and Agricultural Organization of the United Nations (fao.org).

2007-11-01 14:07:45 · answer #1 · answered by cinderellanjo 5 · 0 0

Countries That Grow Cocoa Beans

2016-12-12 07:23:50 · answer #2 · answered by ? 4 · 0 0

Like many Caribbean islands, and Latin American countries, many African countries invest all of their worth into tourism. They're not "worthless". If they were, many Europeans and Americans wouldn't waste their money vacationing there. South Africa, Mauritius, Tanzania, Botswana, and Gambia (to name a few) get more tourists than some of your Caribbean, Asian, and European counterparts. But there's no denying their governments have their priorities messed up. Instead of prioritizing in travel and tourism they should focus on health services and infrastructure, for example. But if tourism is how they're getting all of their money, then I don't see this changing anytime soon. Sad, but true.

2016-04-01 23:36:58 · answer #3 · answered by Anonymous · 0 0

Côte d’Ivoir, Ghana, Indonesia, Boliva, Columbia, Nigera, Brazil

2007-11-01 14:04:20 · answer #4 · answered by maddypoo1205 2 · 0 0

Dutch cocoa

2007-11-01 14:01:18 · answer #5 · answered by googoogirl 4 · 0 0

what are the countries that export cocoa

2015-04-15 22:05:47 · answer #6 · answered by ambalavanar 1 · 0 0

Brazil
Ecuador
New Guinea or wtv it's called

2007-11-03 08:38:06 · answer #7 · answered by AИИA 5 · 0 0

These links answer your question: http://www.unctad.org/infocomm/anglais/cocoa/market.htm
http://www.worldcocoafoundation.org/info-center/statistics.asp

2007-11-01 14:04:52 · answer #8 · answered by Treadstone 7 · 0 0

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