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English: Source: Mitchell (2007a, 2007b, and 2007c) and FAOSTAT (2013a and 2018). For the Asian region no data was available in Mitchellʼs historical statistics. Therefore, Mitchellʼs historical statistics were combined with data from FAOSTAT, available from 196
The Seventh International Cocoa Agreement was negotiated in Geneva in 2010 and came into force provisionally on 1 October 2012. [2] The ICCO serves as a platform for stakeholders in the global cocoa industry to discuss topics relevant to international cocoa trade. It is a leading source of cocoa statistics globally, with data spanning nearly 70 ...
Bulk cocoa is distinguished from flavor cocoa using the subjective definition of containing undesirable or poor flavor, drying or fermentation. [3] Bulk cocoas have a strong inherent flavor. [ 4 ] They are regulated by quality requirements, which allow manufacturers to ensure homogeneity for what they add to blends, maintaining brand flavors.
As of 2018, they were increasingly used in the United States. [9] Ecuador as of 2017 was the largest exporter of fine cocoa, constituting 75% of cocoa exports. [1] [8] Flavor cocoa producers are primarily considered Central and South America and the Caribbean. [10] Markets for flavor cocoa as of 2017 had experienced strong growth for two ...
The cocoa bean, also known as cocoa (/ ˈ k oʊ. k oʊ /) or cacao (/ k ə ˈ k aʊ /), [1] is the dried and fully fermented seed of Theobroma cacao, the cacao tree, from which cocoa solids (a mixture of nonfat substances) and cocoa butter (the fat) can be extracted.
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Different metrics are used for chocolate consumption. The Netherlands has the highest monetary amount of cocoa bean imports (US$2.1 billion); it is also one of the main ports into Europe. [3] The US has highest amount of cocoa powder imports ($220 million); the US has a large amount of cocoa complementary products. [3]
The majority of cocoa farms are located in Ivory Coast and Ghana. [2] In Ghana, Cocoa contributes 64% of all exports. [6] Traditional cocoa farms are planted in the shade among other crops and trees. They are especially found in the tropical rainforest areas. [7] Farming cocoa beans is a long process and many factors can affect the farm's yield.