Thursday, October 22, 2015

Grinding of cocoa in Brazil in 2014/15 was the worst in six seasons

The cocoa processing industry in Brazil registered along the international cocoa harvest 2014/15 (closed in September) its worst performance since the 2008/09 season. In the last harvest, were milled 223.559 thousand tons of almond, as TH lifting consulting, based in Salvador. The volume represents a reduction from 6.68% to the total processed in the previous cycle.
The activity came to sketch a recovery in the third quarter of this year, but was unable to reverse the trend since the beginning of the cycle. Compared to the third quarter of last year grew 1.12% processing, to 57.620 thousand tons. Already compared to the second quarter of the year, there was an increase of 9.04 percent.
The TH Consulting also reported that there was a substantive drop in imports of cocoa and cocoa products (which include CSF, butter, and cocoa powder), totaling 43.053 tons, a decrease of 35% of the imports of the crop 2013/14. The cocoa beans represents a quarter of imports in the sector.
The decrease in purchases of raw materials in the international market and use the almond in the factories installed in the country that didn't mean, however, that the internal demand for the final product, the chocolate, is negative. By contrast, imports of chocolate and the like ", in the category established by TH consulting, increased 14% in 2014/15 global harvest, which reached 26.298 thousand tons.
According to the consultancy study, there was also an increase in exports of cocoa and derivatives (with emphasis on butter and cocoa powder) between the previous harvest and the 2014/15 in the order of 17%, to 70.195 thousand tons. In revenue, these shipments yielded $ 256,131 million, 24% elevation.
Chocolate exports already retreated 16 percent in volume, to 24.458 million tons, and 15% in revenues, to $ 95,048 million.
Valor Economico
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