Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...
The International Cocoa Organisation (ICCO) estimates that the
world's current cocoa shortfall is now 55 per cent larger than
previously thought, after adverse weather conditions led to crop
reductions over the 2006/07 season.