Cocoa Shortage 2024 Neet. As easter approaches, dr michael ehis odijie (ucl history) explores how the near shutdown of two cocoa processing plants responsible for 60% of global production could impact the prices of chocolate and the. And ferreros of this world, bigger bank balances may make weathering the cocoa price storm easier.

While they sell more chocolate products than. The world faces an 11% shortfall in cocoa supplies by 2024, driving price increases of approximately 300% in the past year, according to the international cocoa organization’s.