trade
FDF figures reveal British exports down £2.7 billion by Q3 of 2021
Latest figures from the Food and Drink Federation have revealed that exports in the sector are down £2.7bn (-15.9%) in the first three quarters of 2021 compared to pre-pandemic levels, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory
Ghana’s Cocoa Board signs key $1.5 billion finance agreement for farmer payment
The Ghana Cocoa Board (COCOBOD) has secured a $1.5billion pre-export finance agreement with a consortium of local and international financial institutions, enabling cocoa purchasing for its critical 2021/2022 season.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
BDSI raises significant concerns over sharp raw ingredients price rises for confectionery
The BDSI German confectionery trade body has expressed further concerns regarding ‘significant increases’ in raw materials prices, energy costs as well as rises in logistics and packaging costs that are impacting the sector, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Key global confectionery deals herald improving markets
While the past 18 months have proved particularly challenging for many businesses across the confectionery sector, major investments are continuing to be made by some of the sector’s biggest players, which bodes well for the overall market.
UK’s Uncle Joe’s Mint Balls hails revival in EU trading with latest Danish order
UK traditional sweet brand Uncle Joe’s Mint Balls has reported a is enjoying a return to European trading with its first reported order from Denmark in two years amid wider interest from other EU countries, writes Neill Barston.
Business news, Ingredients, New products, Processing, Regulatory
Germany’s BDSI confectionery body expresses concerns over ‘significant declines’ in exports
Germany’s federal confectionery association, the BDSI has reported ‘significant declines’ its key export markets, with continued pressure on sales amid the impact of the global coronavirus pandemic, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Fairtrade studies reveal its work offers vital boost for Ivory Coast farmers
Latest research from Fairtrade into living standards for cocoa farming families has revealed that on average, those benefitting from its trading initiatives have seen a boost amounting to an average 9% to household incomes beyond essential provisions, reports Neill Barston
Tony’s Chocolonely sends petition to EU Justice Commissioner on cocoa supply chain due diligence
Dozens of thousands of consumers have added their name to a key petition from premium ethical chocolate company Tony’s Chocolonely, calling on the EU Commissioner for Justice to deliver due diligence in cocoa supply chains, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Dubai’s DMCC unveils plans for cacao centre international trade hub
The Dubai-based DMCC Free Zone and government of Dubai Authority on commodities trade and enterprise has unveiled plans for an advanced Cacao Centre, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Sustainability
Impact of Brexit and Covid felt as confectionery exports nosedive
The UK government’s latest figures on British chocolate exports to the EU reducing by 68% in January due largely to Brexit policies makes for extremely sobering reading for all involved.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
ADM extends commitments for sustainable palm and soy production
The ADM industry solutions and ingredients group has renewed its commitment to sustainable, ethical and responsible production with a revamped policy on protecting forests, biodiversity and communities, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Sustainability
FDF offers key warning as UK’s EU confectionery exports slump
The UK’s Food and Drink Federation (FDF) has expressed concern over figures revealing British export sales fell overall by 75% in January 2021, with confectionery among the worst segments affected, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Chocosuisse raises concerns as Swiss chocolate sales fall
Latest figures from Chocosuisse, the association of Swiss Chocolate manufacturers has raised concerns as annual sales fell by CHF 260 million (14.5%), to CHF 1.53 billion, amid key market challenges, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
European Cocoa Association set for EU due diligence online seminar
The European Cocoa Association is staging an online seminar discussing policy areas for the EU’s approach to due diligence in supply chains, which is set to prove a major issue in devising support measures for producing nations.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability