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.

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.

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.

In 2024, the Ghanian cocoa bean market increased by 35% to $829M, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a mild contraction. As a result, consumption attained the peak level of $2B. From 2021 to 2024, the growth of the market remained at a lower figure.

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.

Ghana Commodity Price: Cocoa LIFFE data was reported at 1,805.800 GBP/Tonne in Apr 2018. This records an increase from the previous number of 1,756.570 GBP/Tonne for Mar 2018. Ghana Commodity Price: Cocoa LIFFE data is updated monthly, averaging 1,569.320 GBP/Tonne from Dec 2003 (Median) to Apr 2018, with 173 observations. The data reached an all-time high of 2,419.860 GBP/Tonne in Jul 2016 and a record low of 774.800 GBP/Tonne in Jun 2004. Ghana Commodity Price: Cocoa LIFFE data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.P001: Commodity Price.

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.

Ghana Export Price: Cocoa Beans data was reported at 2,225.320 USD/Metric Ton in Mar 2018. This records a decrease from the previous number of 2,318.970 USD/Metric Ton for Dec 2017. Ghana Export Price: Cocoa Beans data is updated quarterly, averaging 2,672.150 USD/Metric Ton from Mar 2006 (Median) to Mar 2018, with 49 observations. The data reached an all-time high of 3,370.400 USD/Metric Ton in Mar 2011 and a record low of 1,555.600 USD/Metric Ton in Sep 2006. Ghana Export Price: Cocoa Beans data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.P003: Export Price.

Ghana Export Price: Cocoa Products data was reported at 3,056.190 USD/Metric Ton in Mar 2018. This records an increase from the previous number of 3,039.200 USD/Metric Ton for Dec 2017. Ghana Export Price: Cocoa Products data is updated quarterly, averaging 3,320.610 USD/Metric Ton from Mar 2006 (Median) to Mar 2018, with 49 observations. The data reached an all-time high of 5,142.570 USD/Metric Ton in Dec 2009 and a record low of 1,618.770 USD/Metric Ton in Mar 2007. Ghana Export Price: Cocoa Products data remains active status in CEIC and is reported by Bank of Ghana. The data is categorized under Global Database’s Ghana – Table GH.P003: Export Price.

In 2020/2021, Ghana is estimated to have produced about **** thousand metric tons of cocoa beans, the most ever produced by the country. This is expected to increase again in 2023/2024 to about *** thousand metric tons, however. Top producers of cocoa beans Although cocoa beans originate from South America, the majority of cocoa bean production is attributed to Africa. In 2021/2022, Africa’s cocoa bean production amounted to around *** million tons. On a country level, the top two producers of cocoa beans are Côte d'Ivoire and Ghana, with Côte d'Ivoire producing more than twice the volume of cocoa beans of Ghana. Global cocoa bean market The global price of cocoa beans fluctuates from year to year, reaching a maximum of around**************d U.S. dollars per metric ton in mid-2016 and dropping to around ************ U.S. dollars per metric ton in 2017. The Netherlands and Côte d'Ivoire were the two biggest processors of cocoa beans in the 2021/2022 fiscal year.

The Cocoa Sector Expenditure and Revenue in Ghana dataset contains expenditure and revenue data from cocoa sector in Ghana. The dataset aggregates information from various sources including Food and Agriculture Organization (FAO), Ghana Cocoa Board (COCOBOD), and Producer Price Review Committee (PPRC). These data are available from 1996-2012.

630 Global import shipment records of Ghana Cocoa with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

This statistic shows the production of cocoa beans from 2020/21 to 2022/23, with a forecast for 2023/24, by country. In crop year 2022/2023, about **** million metric tons of cocoa beans were produced in Côte d'Ivoire. Cocoa production Cocoa, a native to the Americas, was a valuable crop in the earliest South American cultures. The term cocoa originated from the Nahuatl word “cacahuatl”. Many believe that the plant first grew in the Amazon and upper Orinoco basins but the Mayans and the Aztecs eventually developed techniques to cultivate cocoa successfully. The plant was considered as a symbol of wealth for these civilizations and its beans were used as currency. Cocoa beans are the main ingredient for making chocolate.Cocoa beans are produced in tropical zones around the Equator, where climate conditions are well suited for growing cocoa trees. About 70 percent of the world’s cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon. The Ivory Coast and Ghana are by far the two largest producers of cocoa, accounting for more than ** percent of the world´s cocoa. In 2021, the Ivory Coast alone produced approximately *** million metric tons of cocoa beans. The nation is expected to produce a slightly higher volume of cocoa beans during the 2022/2023 crop year.

Ghana GDP: GVA: Agriculture: Crops & Cocoa data was reported at 11,521.500 GHS mn in Dec 2018. This records an increase from the previous number of 9,606.753 GHS mn for Sep 2018. Ghana GDP: GVA: Agriculture: Crops & Cocoa data is updated quarterly, averaging 6,768.574 GHS mn from Mar 2013 (Median) to Dec 2018, with 24 observations. The data reached an all-time high of 11,521.500 GHS mn in Dec 2018 and a record low of 3,595.214 GHS mn in Jun 2013. Ghana GDP: GVA: Agriculture: Crops & Cocoa data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.A003: SNA 2008: GDP: by Industry: Current Price.

The Ghanian cocoa powder market contracted modestly to $34M in 2024, which is down by -4.2% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Cocoa powder consumption peaked at $35M in 2023, and then fell in the following year.

Ghana GDP: GVA: Agriculture: Crops & Cocoa: ow Cocoa data was reported at 4,186.080 GHS mn in 2017. This records an increase from the previous number of 3,833.925 GHS mn for 2016. Ghana GDP: GVA: Agriculture: Crops & Cocoa: ow Cocoa data is updated yearly, averaging 3,645.799 GHS mn from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 4,186.080 GHS mn in 2017 and a record low of 1,980.333 GHS mn in 2013. Ghana GDP: GVA: Agriculture: Crops & Cocoa: ow Cocoa data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.A004: SNA 2008: GDP: by Industry: Current Price: Annual.

Ghana GDP: GVA: Agriculture: Crops and Cocoa data was reported at 27,083.518 GHS mn in 2017. This records an increase from the previous number of 22,617.934 GHS mn for 2016. Ghana GDP: GVA: Agriculture: Crops and Cocoa data is updated yearly, averaging 11,587.215 GHS mn from Dec 2006 (Median) to 2017, with 12 observations. The data reached an all-time high of 27,083.518 GHS mn in 2017 and a record low of 3,793.682 GHS mn in 2006. Ghana GDP: GVA: Agriculture: Crops and Cocoa data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.A017: SNA 1993: GDP: by Industry: Current Price: Annual. Changed from SNA 1993 to SNA 2008 Replacement series ID: 409115487

Ghana GDP: GVA: Agriculture: Crops & Cocoa: ow Cocoa data was reported at 1,767.300 GHS mn in Dec 2018. This records an increase from the previous number of 874.803 GHS mn for Sep 2018. Ghana GDP: GVA: Agriculture: Crops & Cocoa: ow Cocoa data is updated quarterly, averaging 815.930 GHS mn from Mar 2013 (Median) to Dec 2018, with 24 observations. The data reached an all-time high of 1,767.300 GHS mn in Dec 2018 and a record low of 198.622 GHS mn in Jun 2013. Ghana GDP: GVA: Agriculture: Crops & Cocoa: ow Cocoa data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.A003: SNA 2008: GDP: by Industry: Current Price.

In 2023, the export value of cocoa beans and cocoa products from Ghana amounted to around *** billion U.S. dollars, which was a decrease of about ***** percent from the preceding year. Within the observed period, the highest value of the exports was achieved in 2021, with approximately **** billion U.S. dollars. Cocoa beans and cocoa products are a very important commodity in Ghana, as they represent a large percentage of the country's total exports.

Ghana GDP: GVA: Agriculture: Crops & Cocoa data was reported at 36,598.677 GHS mn in 2017. This records an increase from the previous number of 32,209.766 GHS mn for 2016. Ghana GDP: GVA: Agriculture: Crops & Cocoa data is updated yearly, averaging 24,479.316 GHS mn from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 36,598.677 GHS mn in 2017 and a record low of 17,061.648 GHS mn in 2013. Ghana GDP: GVA: Agriculture: Crops & Cocoa data remains active status in CEIC and is reported by Ghana Statistical Service. The data is categorized under Global Database’s Ghana – Table GH.A004: SNA 2008: GDP: by Industry: Current Price: Annual.