Cocoa Bean Shortage 2024 List

Cocoa Bean Shortage 2024 List. Global cocoa production is expected to reach over 4.5million tons in the 2023/2024 crop year. Demand will exceed production by 462,000 metric.


Cocoa Bean Shortage 2024 List

These 4 west african countries account for about 75% of the world’s cocoa bean production, so declines in their harvests are bound to have significant impact on global cocoa prices. A recovery in cocoa production in the world’s largest growers is set to put an end to a massive bean shortage that sent prices surging to a record this year, according to.

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