Origins and Production: Cocoa is grown in tropical regions, with major producers including Côte d’Ivoire, Ghana, Indonesia, and Nigeria. The production process involves growing, harvesting, fermenting, drying, and processing cocoa beans.
Processing: After harvesting, cocoa pods are opened, and the beans are fermented and dried. The beans are then roasted, winnowed, and ground to produce cocoa liquor, butter, and powder.
Pricing: Cocoa prices are influenced by factors such as weather conditions, global demand, and production levels. Prices are often quoted on commodity exchanges like ICE and NYSE.
Freight and Logistics: Cocoa is typically transported in bulk sacks or containers. Proper storage and handling are essential to maintain quality and prevent contamination.
Global Markets: The global cocoa market is dynamic, with significant trade flows between producing and consuming countries. Key importers include the European Union, the United States, and Japan.
