Cocoa grinding in Côte d'Ivoire grows 16.1% in November

Published 2024년 12월 12일

Tridge summary

Ivory Coast, the world's largest cocoa producer, saw a 16.1% increase in cocoa milling in November 2024, reaching 60,694 tonnes, as per the exporters’ association GEPEX. The country's cumulative milling for the 2024/25 season started in October reached 119,777 tonnes, an increase of 1.6% compared to the same period the previous season. Ivory Coast's total installed milling capacity is 712,000 tonnes per year, positioning it as a key hub for the global cocoa market. The increase in milling is a positive indicator for the sector, highlighting the stability and growth in demand for processed cocoa products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ivory Coast, the world’s largest cocoa producer, recorded a significant 16.1% increase in cocoa milling in November 2024 compared to the same month the previous year, reaching a total of 60,694 tonnes. The figures, released by exporters’ association GEPEX, reflect the growing strength of the sector in the country. Since the start of the 2024/25 season in October, cumulative milling reached 119,777 tonnes by the end of November, an increase of 1.6% compared to the same period the previous season. This performance reinforces Ivory Coast’s role not only as a leader in cocoa production, but also as one of the main global processing hubs, competing directly with the Netherlands. GEPEX data includes the activities of six of the largest milling companies in the sector, including giants such as Barry Callebaut, Olam and Cargill Inc. The country’s total installed milling capacity is an impressive 712,000 tonnes per year, strategically positioning it as a key hub for the global cocoa ...

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