Cocoa Bean Shortage 2024 Uk. A recovery in cocoa production in the world’s largest growers is set to put an end to a massive bean shortage that sent prices surging to a record this year, according to commodities broker. According to the international cocoa organization, global cocoa supply will decline by almost 11% over the 2023/2024 season.


Cocoa Bean Shortage 2024 Uk

The impact is compounded on the global market. The price of cocoa hit a record high on thursday after an industry report said crop failures in west africa in the first quarter had further exacerbated the global shortage of beans.

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