What is the price of 1kg of cocoa?
The retail price range in Ghana Cedi for cocoa beans is between GHS 41. GHS 125. GHS 18. GHS 56. Accra and Kumasi. 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.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.Ghana has raised the minimum farmgate price for cocoa in the 2025/2026 main crop season to 58,000 cedis ($4,628) per metric ton, or $4. Friday, October 3, 2025. The Ministry of Finance announced the measure in a communique on October 2.At an average exchange rate of GHS10. US Dollar for the 2025/2026 crop season, the Government is pleased to announce an increase in the producer price of cocoa from GHS49,600 per tonne to GHS51,660 per tonne.The price of a 64-kilogramme bag of cocoa has been increased by GH₵128. GH₵3,100 to GH₵3,228.
How many bags of cocoa is 1 ton?
There are 16 bags of cocoa in a tonne, and 240 bags of cocoa in every full 20ft container. Tonne of Grade A Anthracite (Smokeless) – 25 x 40kg Bags.
How much is a kilogram of cocoa in Uganda?
The retail price range in Uganda Shilling for cocoa beans is between UGX 7,918. UGX 32,991. UGX 3,590. UGX 14,962. Kampala and Jinja. Nigeria remains a key player in the global cocoa export industry, with its beans in high demand across Europe, Asia, and North America. Countries like the Netherlands, Malaysia, and Germany lead the import charts, while emerging markets in Eastern Europe and Asia continue to drive new growth opportunities.In 2021, Top exporters of Cocoa beans, whole or broken, raw or roasted are Cote d’Ivoire ($4,286,782. K , 1,606,410,000 Kg), Ghana ($1,370,363. K ), Ecuador ($819,457. K , 329,784,000 Kg), Nigeria ($560,101. K , 366,286,000 Kg), Cameroon ($482,366. K , 212,681,000 Kg).Export prices of Cocoa Bean in Nigeria In 2023, export prices were between $24. USD per kg and $24. USD per kg.Exports. In 2023, Cote d’Ivoire exported $3. B of Cocoa Beans, making it the largest exporter of Cocoa Beans (out of 134) in the world.
What is the new cocoa price?
The government has announced an upward adjustment of the producer price of cocoa, offering a reprieve to farmers for the 2025/26 season. The new price has been set at GH₵3,625 per bag, equivalent to GH₵58,000 per tonne, effective Friday, October 3, 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.Cocoa farming is highly profitable due to the growing demand for chocolate and other cocoa products. The profitability depends on factors like yield per hectare, market price, and cost of production. Average Yield: 400-600kg per hectare per year. Price per Kg: ₦13000 – ₦15000 (as of 2024).In local currency terms, using an average exchange rate of GHS10. US dollar for the 2025/2026 crop season, the producer price increases from GHS49,600 per tonne to GHS51,660 per tonne. This translates to GHS3,228.
How much is 1 kg of cocoa in Nigeria?
The retail price range in Naira for cocoa beans is between NGN 535. NGN 2,662. NGN 243. NGN 1,207. Abuja and Lagos. So a plain dark chocolate bar with a cocoa content of 70%, means that 70% of the chocolate has been made from ingredients found purely in the cocoa bean. The remaining 30% will consist of other ingredients such as sugar, predominantly, but may also include for example very small percentages of vanilla flavouring.To produce 1 kilogram (2. The beans are roasted, cracked, and deshelled, resulting in pieces called nibs (the cotyledons, of which beans generally contain two), which are ground into a thick paste known as chocolate liquor or cocoa paste.
How much does a ton of cocoa cost?
Nigeria Commodity Price: Cocoa data was reported at 3,625. USD/Ton in Sep 2023. This records an increase from the previous number of 3,444. USD/Ton for Aug 2023. Nigeria Commodity Price: Cocoa data is updated monthly, averaging 2,519. USD/Ton from Jan 2009 (Median) to Sep 2023, with 177 observations. 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.In an unprecedented surge, the report says, cocoa commodity prices have hit their highest levels in nearly 50 years. Since january 2023, cocoa futures have shattered the calm of their previous trading range, peaking at nearly usd 12,000 per metric ton in the first half of 2024,” raboresearch analyst paul joules said.