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Article: Specialty cocoa beans: a market to watch carefully.
- Article from:
- International Trade Forum
- Article date:
- January 1, 1991
- Author:
CopyrightCOPYRIGHT 1991 International Trade Centre UNCTAD/GATT. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SPECIALTY COCOA BEANS: A MARKET TO WATCH CAREFULLY
World trade in specialty cocoa beans classified as "fine" or "flavor" beans has remained fairly static in recent years, with demand at a relatively low level, according to a forthcoming ITC study. Fine or flavor cocoa beans represent roughly 5% of the volume of total cocoa bean exports, reaching around 70,000 tons annually. The lack of growth in the market is in part a reflection of the concern of chocolate manufacturers to have an assured, consistent supply over the long term. Another factor affecting the market situation is shifting consumer demand from solid chocolate bars to those containing non-cocoa ...