Global Cocoa Bean Supply/Demand and Apparent Stock Change
Production 1/ Stock New York
Year Grind 2/ Change Cocoa Bean
Gross Net Prices 3/
--------------------1,000 metric tons-------------Dollars/ton
1949/50 768 760 768 -8 639
1950/51 806 798 765 33 809
1951/52 647 641 734 -93 776
1952/53 809 801 787 14 754
1953/54 786 778 761 17 1,246
1954/55 786 778 735 43 913
1955/56 836 828 808 20 635
1956/57 898 889 898 -9 600
1957/58 761 753 875 -122 959
1958/59 899 890 870 20 838
1959/60 1,043 1,033 916 117 659
1960/61 1,164 1,152 1,000 152 518
1961/62 1,125 1,114 1,095 19 483
1962/63 1,162 1,150 1,144 6 527
1963/64 1,239 1,227 1,184 43 531
1964/65 1,491 1,476 1,302 4/ 174 406
1965/66 1,220 1,208 1,374 -166 509
1966/67 1,336 1,323 1,387 -64 606
1967/68 1,352 1,338 1,403 -65 681
1968/69 1,236 1,224 1,369 -145 994
1969/70 1,423 1,409 1,354 55 822
1970/71 1,493 1,478 1,399 79 644
1971/72 1,572 1,556 1,536 20 639
1972/73 1,406 1,392 1,583 -191 1,224
1973/74 1,458 1,443 1,512 -69 2,011
1974/75 1,542 1,527 1,452 75 1,823
1975/76 1,511 1,496 1,523 -27 2,028
1976/77 1,345 1,332 1,438 -106 4,184
1977/78 1,512 1,497 1,394 103 3,256
1978/79 1,507 1,492 1,457 35 3,402
1979/80 1,669 1,652 1,471 181 2,723
1980/81 1,694 1,677 1,583 94 1,997
1981/82 1,736 1,719 1,606 113 1,768
1982/83 1,545 1,530 1,635 -105 1,856
1983/84 1,546 1,531 1,726 -195 2,350
1984/85 1,966 1,946 1,862 84 2,163
1985/86 1,946 1,927 1,877 50 2,039
1986/87 2,013 1,993 1,896 97 1,942
1987/88 2,213 2,191 1,998 193 1,638
1988/89 2,470 2,445 2,125 320 1,310
1989/90 2,419 2,395 2,222 173 1,143
1990/91 2,526 2,501 2,343 158 1,142
1991/92 2,293 2,270 2,297 -27 1,103
1992/93 2,409 2,385 2,427 -42 979
1993/94 2,513 2,488 2,483 5 1,262
1994/95 2,404 2,380 2,544 -164 1,337
1995/96 2,935 2,906 2,694 212 1,346
1996/97 2,713 2,686 2,795 -109 1,465
1997/98 2,759 2,731 2,875 -144
1/ USDA data. An adjustment of 1 percent for loss in weight is made to
arrive at a net production figure.
2/ Gill & Duffus/E.D. & F. Man estimates. October-September crop year.
USDA estimate for 1997/98.
3/ Average for October-September year. Spot Accra prices through
September 1977. Beginning October 1977, all price data refer to the
average of the daily closing price of the nearest 3 active futures
trading months on the New York market.
4/ Includes 5,000 tons sold for non-traditional uses.
Foreign Agricultural Service. Prepared or estimated on the basis of
official statistics of foreign governments, other foreign source material,
reports of Agricultural Attaches, results of office research and related
information.
October 1997 Horticultural and Tropical Products Division, FAS/USDA
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Last modified: Thursday, April 06, 2000
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