Processed Chocolate Indonesia Reach 500 Thousand Tons

jaysonhyd   September 20, 2016  

Chairman of Indonesian Cocoa Industry Association (AIKI), Piter Jasman, say, the national cocoa processing will reach 500 thousand tons by the end of 2013. 25 percent increase in production was driven by high demand. “It is also driven downstream program through the imposition of export duties cocoa beans,” he said as quoted by Bloomberg, on Tuesday, July 23, 2013.
Data AIKI mention, the national cocoa production in 2012-2013 reached 310 thousand and 400 thousand tons. Policy for the imposition of export duty by 16 percent cocoa processing industry and encourage the rise of foreign investment. Therefore, AIKI processed cocoa production estimate could rise to 800 thousand tons in 2014.
Besides Indonesia, the trend of increasing cocoa production occurs in the Asia-Pacific region. London-based consumer research agency, Euromonitor International Ltd., Estimates that sales of chocolate in the Asia-Pacific region in 2013 will grow more than twice the global market.
Euromonitor estimates that sales of chocolate in Asia reached 5.2 per cent to 859 300 tonnes in 2013. At the same time, production and global demand for chocolate grows 2.2 percent. Senior analyst Euromonitor, Redruello Francisco, said the chocolate manufacturers are now racing to build factories in Asia. “Asia is a region of strongest growth in chocolate. We also saw high demand there,” he said.
One of the opportunities is Cargill Inc. The processed food company plans to invest U.S. $ 100 million to build a chocolate factory in Gresik, East Java. Factory production capacity of 70 thousand tons is expected to operate in mid-2014.