Brazil: Receipts by the cocoa industry fall 13% in the first half, but the year should close in line with 2022
Cocoa Bean
Cocoa Products
Brazil
Published Jul 20, 2023
Tridge summary
The Brazilian cocoa processing industry received 93,121 tons of cocoa in the first half of 2023, which is 13.11% less than the same period in 2022. The lower volume is attributed to pests affecting cocoa production, particularly in Bahia. Despite the decrease in cocoa receipt, almond crushing by the industry increased by 19.19% compared to last year, and the industry imported a higher volume of almonds to meet processing demand.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
By Gabriela Brumatti* Ilhéus (BA), 07/19/2023 - The Brazilian cocoa processing industry received 93,121 tons of the product in the first half of 2023, a volume 13.11% below the 107,179 tons of the first six months of 2022. The data was compiled by SindiDados - Campos Consultores and released by the National Association of Cocoa Processing Industries (AIPC). In the report, the executive president of the AIPC, Anna Paula Losi, stated that, at the beginning of the year, the sector expected more robust indexes for the period but, in the coming months, she believes that it will be possible to take the delay to stay, at least , in line with what was registered in 2022. “In the compendium of the year, we should be very close to last year”, he said. Losi reiterated, however, that everything will depend on the weather, a factor that directly affects cocoa production. According to the AIPC, the occurrence of the El Niño climate phenomenon in the coming months should remain on the radar, as ...
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