Posted on June 6, 2023 10:00
A man cuts a cocoa pod from a tree on a plantation in Toumodi, Côte d’Ivoire. REUTERS/Thierry Gouegnon As the 2022-2023 intermediate marketing year gets underway in Côte d’Ivoire, both the volume of cocoa beans and harvest forecast continues to fall. This could have serious consequences for some Ivorian exporters if they are unable to honour their commitments to international buyers.
Côte d’Ivoire, the world’s leading cocoa-producing country, began its interim marketing campaign for the 2022-2023 harvest on 1 April and ended it on 30 September.or even 500,000tn. This is a smaller volume than the 600,000tn harvested during the 2021-2022 interim campaign. As a result, there is no cause for celebration among the trade, and the usual enthusiasm demonstrated by cocoa growers at the start of the harvest is nowhere to be seen.