Cocoa Liquor / Mass supply risks

Active and seasonal supply-side risks affecting cocoa liquor / mass markets.

critical

West African weather volatility and El Niño impacts

high

Aging trees, low farm productivity, and disease pressure

high

Regulatory shifts and sustainability compliance (EU Deforestation Regulation, due diligence laws)

medium

Farmer income, price interventions, and political instability

medium

Port congestion, container availability, and freight disruptions