Situation of the Cacao Beans Export Market in 2018

One of the main features of the CacaoShares program is our drive to be a revenue generating organization. It is no coincidence that we are following two major trends, one in Blockchain traceability with our proprietary technology which uses both physical and DApp sensors. Then, the other important trend which is also very measurable is one in the Chocolate Industry, specifically the world market for Venezuela Cacao Beans

As we can see in the following exhibit, from the Japan Ministry of Finance, in 2018 the trend has been sustained with imports accounting to of 3,113 Tons (only until September 2018) entering via all major sea ports in Japan, mainly Yokohama port.

It is expected that this number will increase in the last months of the year due to the fact that it is harvest time in Venezuela, hence many consignments are being prepared for export

Exhibit 1: Japan imports of Cacao beans from Venezuela until September 2018

Exhibit 1: Japan imports of Cacao beans from Venezuela until September 2018

 

 

 

Moreover, we can see in exhibit 2 the situation of exports to the world which highlights our rationale that more Cacao exports to Asia will be beneficial for the industry. Particularly rare varieties and with supply chain transparency of the kind that only our blockchain technology can provide

Exhibit 2: World Market for Venezuela Cacao beans

Exhibit 2: World Market for Venezuela Cacao beans

In the coming days the Token sale will resume, please stay attentive to more news from the CacaoShares program. The Chocolate Blockchain