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The market for cocoa powder

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Author Info
Henk. L.M. Kox

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Abstract

The paper analyses the forces that shape demand and supply processes in the market for cocoa powder. A brief statistical summary is given of the main trends in international demand and production, and the spatial shifts in cocoa processing. Ample attention is given to the role of technology substitution and price factors in production decisions. The paper separately analyses the role of price, income levels and government regulation in the demand for cocoa powder. In the final part of the paper, all preceding elements are brought together in an integrated simulation model of the cocoa processing industry, showing the interactions between the market for cocoa powder and other elements of the cocoa industry (cocoa, cocoa butter, cocoa liquor, chocolate). Empirical evidence is presented with regard to main parameters of the model.

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File URL: http://129.3.20.41/eps/io/papers/0412/0412002.pdf
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Publisher Info
Paper provided by EconWPA in its series Industrial Organization with number 0412002.

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Length: 37 pages
Date of creation: 06 Dec 2004
Date of revision:
Handle: RePEc:wpa:wuwpio:0412002

Note: Type of Document - pdf; pages: 37. Background paper for 'Modelling and forecasting the market for cocoa and chocolate', Economic and Social Institute (ESI), Free University Amsterdam, August 2000
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Web page: http://129.3.20.41

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Related research
Keywords: cocoa; cocoa powder; industry study; simulation model; intermediate products; government regulation;

Find related papers by JEL classification:
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
L19 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Other
L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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This page was last updated on 2009-11-13.

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