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COCOBOD eyes Chinese market

Ghana Cocoa Board (Cocobod) is vigorously exploring prospects in the Chinese Market for the country’s premium cocoa products, for which reason meetings have been ongoing between the two sides.

Cocobod also plans to make a good showing at the maiden China International Import Exposition to be held in Shanghai from November 5, 2018 to November 10, 2018.

Noah Kwesi Amenyah, Cocobod’s Public Affairs Manager, told media, a team from the Cocobod has already met officials at the Chinese Embassy; we have, again, met in Accra and our officers have started putting things together and it is because Cocobod wants to enter and explore the huge Chinese Market for the cocoa products.

He said, want to send into that market value added cocoa products and not just raw beans; it will be good for us to get the Chinese public to know that Ghana’s cocoa is the best and it has a lot of nutritional and health benefits and therefore they have to patronize it.

Although, individual chocolate consumption in China  is considered still low, less than 5% of what major lovers munch in the west, market research firm Ebrun reports that the market for chocolate in China is expected to grow in value to 40 billion yuan (US$6.2 billion) by 2020.

Main export destinations in Ghana are the Netherlands, with a market share of 12.88%, France 11.6% and USA 10.9%.

The post Cocobod Eyes Chinese market appeared first on Ghana Live TV.



This post first appeared on Watch Gtv Ghana, Adom TV, Tune Ghana Radio GhanaLi, please read the originial post: here

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