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Find all the economic and financial information on our Orishas Direct application to download on Play StoreActors in the cocoa sector in Ghana have agreed on an increase in shipping rates. This increase was 5% in line with the global freight situation and the general rise in prices and costs.
After tight negotiations during the 2021/2022 Cocoa Negotiation Conference held in Accra on September 10, it was decided that the increase in conventional freight will be 5% from the start of the next cocoa campaign, namely next October 1. Thus, the cost of transporting a ton of beans from Accra to the United Kingdom goes from £30 to £31.50, to countries in the northern hemisphere more generally from €49 to €51.45, to Estonia is specified from €56 to €57.75, to Mediterranean Europe from €55 to €58.80, to Asia from $89/94 to $94.19/99.48 and to Brazil from $103 to $109. The bunker adjustment factor (BAF), intended to compensate for the increase in fuel, was also raised. It goes from 27 to 28 cents on all destinations except Asia and Brazil.
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