North American cocoa mills contradict expectations and retreated 8.13% in the fourth quarter of 2022.

Published Jan 19, 2023

Tridge summary

The National Confectioners Association reported a significant decrease in cocoa crushing in North America, with a negative result of 8.13% in Q1 2023 compared to Q4 2021. The processed volumes dropped to 107,130 tons from 116,614 tons, which may impact the expectations for an increase in stock market parameters in the future. This unexpected result, which was below the anticipated positive or unchanged outcome, highlights a challenging start to the year for the cocoa industry in North America.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The numbers released by the NCA - National Confectioners Association, this Thursday 19/01, showed a negative result of 8.13% in cocoa crushing in North America. Processed volumes were 107,130 tons, compared to 116,614 in Q4 2021. The announced amounts may influence the reversal of the current trend, easing expectations for an increase in current stock market parameters in the medium term. Perplexed, a renowned analyst in the US, main center of consumption of cocoa derivatives on the ...

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