How much is the cocoa price in 2025?
On 4th August 2025, Government announced a producer price of cocoa for the 2025/2026 season at GHS3,228. GHS51,660 (US$5,040) per tonne, representing 70% of the average Gross FoB price of US$7,200 per tonne. The highly volatile price of cocoa declined over 40% in global markets as drought concerns eased in West Africa and harvest increases. The ton price of cocoa dropped below $7,000, declining more than 40% since the end of 2024. Estimates of increased supply and weakening demand led to sharp declines.With cocoa prices more than doubling over the past two years as a result of poor harvests in west Africa, including Ghana and Ivory Coast, even something aimed at gift buyers was being priced off the shelf.Global demand for cocoa is fast rising—and producers are struggling to keep pace. It can take an entire year for a cocoa tree to produce the cocoa in just half a pound of chocolate. Older trees also yield less cocoa, and most of the world’s cocoa plantations are well past their peak production years.Higher cocoa production by Ghana is bearish for cocoa prices. On July 1, the Ghana Cocoa Board projected the 2025/26 Ghana cocoa crop would increase by +8. MT in 2024/25.
Is cocoa expected to rise?
Looking ahead to 2024/25, ICCO forecasted a global cocoa surplus of 142,000 MT on February 28, 2024, marking the first surplus in four years. ICCO also projected that 2024/25 global cocoa production will rise +7. MMT. Should I invest in cocoa? Exposure to cocoa may suit traders seeking to engage with commodity market dynamics rather than holding long-term equities. US Cocoa CFDs and Cocoa UK CFDs allow speculation on price moves without owning the underlying commodity, but they track futures prices and require margin.Cocoa is expected to trade at 5670. USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4876.Cocoa is a luxury commodity and a crucial ingredient in many of life’s finer things: from sweets to pharmaceuticals, to various cultural dishes. Its popularity makes it a prominent asset on the stock market, but supply problems, environmental and political issues can sometimes make it an unstable investment.Gov’t announces cocoa price increase for 2025/2026 season, farmers to get GH₵58,000 per tonne. The government has announced an upward adjustment of the producer price of cocoa, offering a reprieve to farmers for the 2025/26 season.Cocoa Powder Shortage 2025: Why Cocoa Is So Expensive & How Bakers Can Adapt. If you’ve noticed cocoa powder costing far more — or disappearing from supermarket shelves — you’re not alone. The global cocoa powder shortage is hitting home bakers, artisan chocolatiers, and small baking businesses worldwide.
Is cocoa a good investment?
Cocoa is a luxury commodity and a crucial ingredient in many of life’s finer things: from sweets to pharmaceuticals, to various cultural dishes. Its popularity makes it a prominent asset on the stock market, but supply problems, environmental and political issues can sometimes make it an unstable investment. While cocoa presents valuable investment opportunities due to its active trade and strategic importance, it also faces notable risks, including climate change, market volatility, and geopolitical instability.The Cocoa contract is the world benchmark for the global cocoa market. The contract prices the physical delivery of exchange-grade product from a variety of African, Asian and Central and South American origins to any of five US delivery ports.The shift put huge strains on industry stakeholders and led to inevitable price increases for customers at the checkout. However, improving conditions through spring 2025 saw global cocoa production recovering and prices beginning to fall.The Gross FOB value was arrived at using outstanding cocoa contracts of about 100,000 tonnes sold at US$2,600 per tonne in the 2023/2024 crop season, and average forecast for the 2025/2026 crop season.
Why are cocoa futures so high?
Cocoa prices have soared in recent years, hitting record highs amid adverse weather conditions, pest outbreaks and supply tightness in West Africa, which produces around three-quarters of global supply. Côte d’Ivoire is the world’s leading cocoa producing country.Côte d’Ivoire (the Ivory Coast) is the largest producer of cocoa in the world, producing over 2 million tons a year. About 75 percent of the land in Côte d’Ivoire is suitable for growing crops, and almost half of its citizens work in agriculture, including many children.Global Hotspots for Cocoa Production With 2. Côte d’Ivoire is the world’s largest producer, accounting for a third of the global total.Americans import more cocoa from the African nation of Cote d’Ivoire than anywhere else. But as valuable as Americans may find the country’s cocoa, it’s even more valuable within the country’s borders.
Who is the biggest trader of cocoa?
Germany is the biggest cocoa exporter in the world, with cocoa exports worth $7. Olam food ingredients are the biggest cocoa suppliers in the world with an export revenue of $4. Cocoa Powder Shortage 2025: Why Cocoa Is So Expensive & How Bakers Can Adapt. If you’ve noticed cocoa powder costing far more — or disappearing from supermarket shelves — you’re not alone. The global cocoa powder shortage is hitting home bakers, artisan chocolatiers, and small baking businesses worldwide.Côte d’Ivoire is the world’s leading cocoa producing country. Around 2 million tonnes of cocoa are produced in this coastal country. That is approximately 38 % of the world’s cocoa.Cocoa Shortage Will Squeeze Chocolate Makers in 2025 According to data from World Bank, global cocoa production fell by 14% in the 2023-24 season, as output slowed in both Côte d’Ivoire and Ghana, where at least 60% of the world’s cocoa is produced.Key takeaways On the supply side, cocoa production is expected to ramp up during the 2025/2026 season as weather conditions improve and new plantings in Ecuador reach maturity. Despite the recent downtrend, J. P. Morgan Global Research expects cocoa prices to remain structurally higher for longer at $6,000/tonne.
Which country is the biggest producer of cocoa beans in the world?
Côte d’Ivoire (the Ivory Coast) is the largest producer of cocoa in the world, producing over 2 million tons a year. About 75 percent of the land in Côte d’Ivoire is suitable for growing crops, and almost half of its citizens work in agriculture, including many children. Ghana is the world’s second-largest cocoa-producing country (Côte d’Ivoire is the largest). Cocoa Life has been active in Ghana since 2008, when it began as the Cadbury Cocoa Partnership.According to Oxfam, up to 90% of Ghanaian cocoa farmers do not earn a living income. Many of the 800,000 smallholder farmers who cultivate the crop survive on less than $2 a day, struggling to afford basic needs such as food, clothing, housing, and healthcare.