Cocoa fell to 5,359.52 USD/T on December 1, 2025, down 0.82% from the previous day. Over the past month, Cocoa's price has fallen 18.29%, and is down 41.61% compared to the same time last year, 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 December of 2025.

This statistic depicts the average annual prices for cocoa from 2014 through 2027*. In 2025, the average price for cocoa stood at eight nominal U.S. dollars per kilogram.

View monthly updates and historical trends for Cocoa Price. Source: World Bank. Track economic data with YCharts analytics.

Cocoa prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 1.92 USD per kilogram with a minimum of 0.26 USD per kilogram in July 1965 and a maximum of 10.75 USD per kilogram in January 2025. | TheGlobalEconomy.com

Between 2016 and 2025, the monthly price of cocoa worldwide peaked in January 2025 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.

This dataset covers the daily cocoa prices from 03 October 1994 to 07 August 2025, sourced directly from the International Cocoa Organization (ICCO).

It integrates: - London futures prices (British pounds per tonne) - New York futures prices (US dollars per tonne) - ICCO reference prices (US dollars and euros per tonne)

The data has been cleaned to handle missing values and harmonize currency conversions based on official ICCO exchange rates.

Primary applications include: 1. Statistical and econometric modeling of price dynamics 2. Analysis of correlations between regional markets and ICCO reference prices 3. Forecasting price movements using machine learning techniques

This dataset is ideal for academic research, development of commodity trading strategies, and public policy analysis in the agricultural sector.

Notebook Ideas

• Trend and seasonality analysis using rolling averages and STL decomposition
• Price forecasting with ARIMA or Prophet models
• Interactive visualizations with Plotly or Altair, including currency conversion comparisons
• Correlation analysis between cocoa prices and macroeconomic indicators
• Backtesting a simple trading strategy on cocoa futures data
• Machine learning case study using random forests or XGBoost for price prediction
• Building a real-time price dashboard with Dash or Streamlit

Get the latest insights on price movement and trend analysis of Cocoa in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Monthly and long-term cocoa price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

View monthly updates and historical trends for Cocoa Bean Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

In Q3 2025, Ghana, the Cocoa Price Index fell by 3.41% quarter-over-quarter, reflecting tighter supply and weather disruptions. Check detailed insights for Europe, North America and APAC.

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Cocoa Beans Market Size 2025-2029

The cocoa beans market size is valued to increase by USD 3.58 billion, at a CAGR of 4.5% from 2024 to 2029. Rising popularity of chocolate-flavored beverages will drive the cocoa beans market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 39% growth during the forecast period.
By Application - Confectionery segment was valued at USD 5.14 billion in 2023
By Product - Cocoa butter segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 42.75 million
Market Future Opportunities: USD 3576.90 million
CAGR from 2024 to 2029 : 4.5%

Market Summary

Cocoa beans, the primary ingredient in chocolate, have long held a significant place in the global market due to their versatility and universal appeal. The demand for cocoa beans is driven by the growing popularity of chocolate-based products, particularly beverages, which have witnessed a notable increase in consumer preference. This trend is fueled by the expanding health-conscious population seeking alternatives to sugar-laden beverages. The market is characterized by a dynamic business landscape, with numerous players vying for market share. Mergers and acquisitions have become a common strategy for companies aiming to expand their operations and strengthen their market position.
Despite this competition, the market remains volatile due to various factors, including weather conditions in cocoa-producing regions and fluctuations in supply and demand. However, the market is not without challenges. Volatility in the prices of cocoa beans, influenced by weather conditions and supply chain disruptions, poses a significant risk for market participants. Cocoa bean prices have experienced significant volatility, reflecting the market's complexities. Factors such as disease outbreaks, weather conditions, and geopolitical instability can significantly impact prices. However, the long-term outlook for the market remains positive, with continued growth expected due to increasing consumer demand and ongoing innovation in chocolate-based products. In conclusion, the market is a dynamic and complex business environment, shaped by various factors including consumer preferences, competition, and external influences. Companies operating in this sector must stay informed about market trends and be prepared to adapt to changing conditions to remain competitive.

What will be the Size of the Cocoa Beans Market during the forecast period?

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How is the Cocoa Beans Market Segmented ?

The cocoa beans industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Confectionery
  Functional food and beverage
  Cosmetics
  Others


Product

  Cocoa butter
  Cocoa powder
  Cocoa beverages
  Others


Type

  Forastero
  Trinitario
  Criollo


Nature

  Organic
  Conventional


Sale Channel

  B2B
  B2C


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The confectionery segment is estimated to witness significant growth during the forecast period.

The market continues to evolve, driven by the increasing demand for low-fat alkalized and natural cocoa powders in various confectionery items, such as toffee, hard candy, and marshmallows. This trend is fueling the growth of the confectionery segment, with companies like Mars and Nestle focusing on producing chocolate liquor with higher cocoa mass for stronger flavors. For example, Prodigy Snacks Ltd, a UK confectionery firm, recently introduced Phenomenoms, a new chocolate biscuit range with two flavors, highlighting this market development. Additionally, ongoing activities include the implementation of sustainable farming practices, yield optimization techniques, and soil nutrient management to enhance production efficiency.

Bean drying methods, packaging technology, and traceability systems are also evolving to ensure product quality and consumer safety, with a focus on reducing aflatoxin contamination levels. Theobroma cacao cultivation continues to adapt to climate change, with research on pest management strategies, microbial community composition, and disease resistance mechanisms. The market is further characterized by improvements in processing efficiency, sensory evaluation protocols, and polyphenol oxidase activity analysis for assessing health benefits. Cocoa butter extraction and flavonoid conte

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.

This statistic shows the worldwide cocoa price from 2008 to 2024 in U.S. dollars per metric kilogram. In 2024, the price per kilogram of cocoa was over seven U.S. dollars.

The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market.

United States - Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Other Chocolate and Cocoa Products, Made from Cacao Beans was 349.53900 Index Dec 2011=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Other Chocolate and Cocoa Products, Made from Cacao Beans reached a record high of 414.18200 in April of 2025 and a record low of 88.90000 in July of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Other Chocolate and Cocoa Products, Made from Cacao Beans - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Chocolate/Chocolate-Type Confectionery Products, Cacao Beans (WPU025503011) from Dec 2011 to Sep 2025 about chocolate, confectionery, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Other Chocolate and Cocoa Products, Made from Cacao Beans (PCU3113513113517) from Dec 2011 to Sep 2025 about chocolate, cocoa, confectionery, beans, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, the global cocoa bean market increased by 22% to $21.4B, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Daily cocoa exchange price (CC=F) from ICE New York, in USD per metric ton.

European Union - Producer prices in industry: Manufacture of cocoa, chocolate and sugar confectionery was 168.00 points in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Manufacture of cocoa, chocolate and sugar confectionery - last updated from the EUROSTAT on December of 2025. Historically, European Union - Producer prices in industry: Manufacture of cocoa, chocolate and sugar confectionery reached a record high of 172.80 points in May of 2025 and a record low of 73.30 points in April of 2005.