Fedecacao espera que la tributaria no baje el consumo de cacao

Eduard Baquero, presidente de la Federación Nacional de Cacaoteros (Fedecacao). Foto:Cortesía

Fedecacao espera que la tributaria no baje el consumo de cacao

TL;DR

  • Fedecacao president Eduard Baquero voiced opposition to taxing cocoa-derived products as part of the tax reform.
  • The sector expects to produce 60,000 tons in 2022, a decrease of 10-12% due to weather impacts.
  • Cocoa is cultivated by approximately 60,000 families across 29 departments in Colombia, often on small plots.
  • Production has grown significantly over the last 15 years, from 30,000 tons to a historical high of 69,040 tons last year.
  • Exports of processed and semi-processed cocoa products reached US$125 million last year, reaching about 75 countries.
  • Colombian cocoa production ranks tenth globally and fifth in the Americas.
  • Santander is the primary cocoa-producing department, accounting for over 40% of production.
  • The current price of cocoa is competitive, above $9,600 per kilogram, influenced by the dollar's increase.
  • Increased costs of agrochemicals and fertilizers due to the dollar and the Russia-Ukraine war are a concern.