Cocoa fell to 8,211.11 USD/T on August 1, 2025, down 3.47% from the previous day. Over the past month, Cocoa's price has fallen 0.17%, but it is still 9.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cocoa - values, historical data, forecasts and news - updated on August of 2025.

This statistic depicts the average annual prices for cocoa from 2014 through 2026*. In 2024, the average price for cocoa stood at 7.33 nominal U.S. dollars per kilogram.

Learn about the factors that influence the price of cocoa beans, including weather conditions, global demand, supply, currency exchange rates, trading conditions, market speculations, and challenges faced by cocoa production.

This statistic shows the worldwide cocoa price from 2008 to 2023 in U.S. dollars per metric kilogram. In the 2023, the price per kilogram of cocoa was 3.28 U.S. dollars.

Between 2016 and 2024, the monthly price of cocoa worldwide peaked in April 2024 at about ***** U.S. dollars per metric ton. Global cocoa industry Global cocoa production is expected to reach about *** million tons in the 2023/2024 crop year. Most of the world’s cocoa beans are grown in Africa; in 2023/2024, about *** million tons of cocoa beans were produced there, while about *** million tons were grown in the Americas. Within Africa, Côte d'Ivoire and Ghana were the countries with the highest production of cocoa beans. Chocolate retail worldwide In 2016, Mars controlled a **** percent share of the chocolate market worldwide, making it the single biggest player in the chocolate industry. Mars owns such chocolate brands as M&Ms, Snickers, and Dove. The countries with the highest per capita chocolate consumption are Switzerland, Austria, and Germany.

As of 2021, the price of cocoa in Ghana was projected at *** U.S. dollars per kilogram. This price was forecast to reach *** U.S. dollars per kilogram between 2022 and 2024. However, in 2025, it is expected that *** U.S. dollars would be paid for every kilogram of cocoa purchased from Ghana. The country is a leading producer of cocoa worldwide.

The Nigerien cocoa bean market declined markedly to $72M in 2024, which is down by -35.4% against the previous year. Over the period under review, consumption continues to indicate a deep setback. As a result, consumption reached the peak level of $1.6B. From 2015 to 2024, the growth of the market failed to regain momentum.

In 2024, the global cocoa bean market increased by 36% to $23.2B, rising for the second year in a row after two years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2024: its value increased at an average annual rate of +4.3% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +46.1% against 2022 indices.

Learn about the factors that can affect cocoa dry bean prices per kg, including supply and demand, quality, origin, and market conditions. Understand how weather conditions, production levels, and currency exchange rates can influence cocoa prices. Discover the impact of disruptions in supply, extreme weather, bean quality, and currency fluctuations on cocoa prices. Stay informed about the dynamics of the cocoa market and make informed decisions as a cocoa farmer, trader, or chocolate manufacturer.

For the period between October and December 2023, the price of marketed cocoa in Côte d'Ivoire was measured at ***** West African CFA francs (XOF) per kilogram. This corresponded to roughly *** U.S. dollars per kilogram. The market prices of the farm product are set to increase in the first quarter of 2024, and then follow a gradual quarterly decreasing trend.

The revenue of the cocoa market in Togo amounted to $X in 2018, shrinking by -X% against the previous year. In general, cocoa consumption continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Cocoa consumption peaked at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

As of June 2024, cocoa in Brazil was traded at an average price of ***** Brazilian reals per **** kilograms (one arroba*), a significant increase of over *** percent in comparison to the same month of the previous year. In the indicated period, the price of cocoa in Brazil reached a peak in June 2024. Cocoa production in Brazil was forecasted to reach *** thousand metric tons in crop year 2022/2023.

The Ugandan cocoa bean market shrank to $267K in 2024, reducing by -8.6% against the previous year. Overall, consumption recorded a dramatic downturn. As a result, consumption reached the peak level of $10M. From 2016 to 2024, the growth of the market remained at a lower figure.

It is often claimed that cocoa producers are poor, but the extent of their poverty is rarely defined. We analyzed six data sets derived from household questionnaires of 385–88,896 cocoa producers in Côte d'Ivoire and Ghana. Across all data sets, many households (30–58%) earn a gross income below the World Bank extreme poverty line and the majority (73–90%) do not earn a Living Income. Households with less income per person per day generally achieve lower cocoa yields, consist of more household members, have a smaller land size available, and rely more on cocoa income than households with higher incomes. When comparing the effects of increasing prices and yields on gross income, yield increases lead to larger benefits especially for the poorest households. Doubling the cocoa price would leave 15–25% of households with a gross income below the extreme poverty line and 53–65% below the Living Income benchmark. At yields of 600 kg/ha, against current yields around 300 kg/ha, these percentages are reduced to 7–11 and 48–62%, respectively, while at yields of 1,500 kg/ha only 1–2% of households remain below the extreme poverty line and 13–20% below the Living Income benchmark. If we assume that the production costs of achieving a yield of 1,500 kg/ha are 30% of revenue, still only 2–4% of households earn a net income below the extreme poverty line and 25–32% below the Living Income benchmark. Whilst sustainable intensification of cocoa production is undoubtedly a strong approach to increase cocoa yields and farmer incomes, achieving this does not come without pitfalls. The poorer households face multiple barriers to invest in cocoa production. A better understanding of cocoa producing households and the resources available to them, as well as the opportunity for alternative income generation, is required to tailor options to increase their income. The utility and interpretability of future household surveys would be drastically improved if definitions and variables addressed were approached in a standardized way.

The revenue of the cocoa market in Sierra Leone amounted to $X in 2018, going up by X% against the previous year. Over the period under review, cocoa consumption continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the cocoa market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

The German confectionery industry is one of the largest producers and exporters of confectionery in Europe and the world's largest chocolate manufacturer. In the period from 2020 to 2025, industry turnover grew by an average of 1.9% per year. In 2020 and 2021, the coronavirus crisis not only made international trade more difficult, but also had a negative impact on consumer confidence and national and international travel. This in turn led to a drop in sales of chocolate, gummy bears and other confectionery at airports, train stations, petrol stations and kiosks. In addition, the lockdown in spring 2020 deprived many confectionery manufacturers of Easter business and thus slowed sales growth. In the current year, higher sales prices and rising confectionery exports are likely to contribute to sales growth of 1.8% to 16.2 billion euros. The industry obtains most of its input factors from abroad, meaning that its cost structure is heavily influenced by the development of world market prices, particularly for cocoa and sugar. In recent years, this has led to uncertainties with regard to cost and price calculations and is likely to remain a factor of uncertainty in the future. In addition, current trends towards more conscious consumer behaviour pose further challenges for industry players, including both the compatibility of their products with a healthier diet and the consideration of production conditions and sustainability aspects along the value chain. Over the past five years, many companies have been able to gain a competitive advantage by selling fair trade, vegan and sugar-reduced products, for example. Demand for fair trade and premium products has also been boosted by rising household incomes over the past five years.In the period from 2025 to 2030, turnover in the industry is expected to grow by an average of 2.2% per year, reaching 18 billion euros in 2030. The industry is likely to remain dominated by well-known brand manufacturers in the future, who will continue to invest in the development of new products due to the ongoing competitive pressure.

In 2023, ************************** was the leading chocolate and cocoa manufacturer worldwide, with net sales of ** billion U.S. dollars. Ferrero Group and Mondelēz rounded out the top three companies, both exceeding *** billion U.S. dollars in net sales. Mars Wrigley Confectionery Mars Wrigley is an American-based company started in 1893 with two types of chewing gum, Juicy Fruit and spearmint, that are still in production today. Since its founding, the company expanded to produce chocolates and other confectionery products, rice, and pet foods. Many of the chocolate snacks are well-known internationally, including M&Ms, Snickers, Twix, and Dove chocolates. Global cocoa production To accommodate the production of so many chocolate snacks, global production has generally increased since 1980. In 2021/22 an estimated *** million tons of cocoa were produced worldwide, compared to just about *** million tons in 1980/81. As cocoa production has increased, prices have fluctuated over the past 15 years. Prices have ranged from **** to **** U.S. dollars per kilogram over this period.