Brazil has the potential to grow in cocoa production

Despite the strong appreciation of the product, global grinding is expected to decline by 3% in the 2024/25 season, reflecting a weakening of demand. Nevertheless, Brazil appears as one of the markets with the highest potential for growth. Currently, it occupies the 6th position among the largest producers, with around 200 thousand tons per year, representing only 4% of the world production. The expansion of full-sun cultivation is one of the bets to reverse the domestic deficit and increase the country's relevance in the international derivatives market. For this leap to materialize, it will be necessary to invest in adequate financing conditions, both in terms of time and cost. The implementation of the full-sun system may require more than R\$ 130 thousand per hectare and has a long-term return. On the other hand, the national industry already has idle capacity and could absorb larger volumes without major additional investments. In addition, ...