Cocoa Bean Shortage 2024. There is a shortage of cocoa beans, and like other food shortages in 2023,. Major african cocoa plants in ivory coast and ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning chocolate prices around the world.
The 2023/24 season is predicted to experience a shortage in cocoa bean supplies, mirroring the deficits of the past two years due to adverse weather conditions. Major african cocoa plants in ivory coast and ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning.