Cocoa fell to 8,129 USD/T on July 22, 2025, down 0.33% from the previous day. Over the past month, Cocoa's price has fallen 4.98%, and is down 2.21% 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 July 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.

This statistic depicts the average annual prices for cocoa from 2014 through 2026*. In 2023, the average price for cocoa stood at 3.28 nominal U.S. dollars per kilogram.

In September 2022, the chocolate price amounted to $5,372 per ton (CIF, US), increasing by 7.5% against the previous month.

Graph and download economic data for Global price of Cocoa (PCOCOUSDM) from Jan 1990 to Apr 2025 about cocoa, World, and price.

In March 2023, the price of Chocolate reached $5,687 per ton (CIF, United Kingdom), showing a 2.5% increase compared to the previous month.

Graph and download economic data for Global price of Cocoa (PCOCOUSDQ) from Q1 1990 to Q2 2025 about cocoa, World, and price.

In June 2022, the cocoa powder price per tonamounted to $3,470 per ton, increasing by 4.6% against the previous month.

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.

In December 2022, the cocoa bean price was $2,761 per ton CIF Germany, roughly the same as the previous month.

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.

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 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.

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.

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

Learn about the recent drop in Mexico's chocolate prices. The cost has declined for three straight months and now sits at $4,122/ton.

In February 2023, the chocolate price stood at $6,238 per ton (FOB, Italy), with an increase of 3.2% against the previous month.

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.

The global cocoa liquor market is estimated to be worth USD 7,918.6 million in 2025 and is projected to reach USD 14,450.8 million by 2035, expanding at a CAGR of 6.2% over the assessment period of 2025 to 2035. The widening market, which is mainly driven by increased consumer preference for natural and premium chocolate ingredients, has also paved the way for manufacturers to invest in smart process techniques and eco-friendly sourcing modalities.

Attributes	Description
Estimated Global Cocoa Liquor Business Size (2025E)	USD 7,918.6 million
Projected Global Cocoa Liquor Business Value (2035F)	USD 14,450.8 million
Value-based CAGR (2025 to 2035)	6.2%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	5.6%
H2 (2024 to 2034)	6.2%
H1 (2025 to 2035)	5.7%
H2 (2025 to 2035)	6.3%

Country-wise Insights

Country	United States
Market Volume (USD Million)	1,010.00
CAGR (2025 to 2035)	3.70%

Country	Germany
Market Volume (USD Million)	735.8
CAGR (2025 to 2035)	2.70%

Country	China
Market Volume (USD Million)	857.4
CAGR (2025 to 2035)	5.60%

Country	Japan
Market Volume (USD Million)	402.7
CAGR (2025 to 2035)	6.80%

Country	United Kingdom
Market Volume (USD Million)	735.8
CAGR (2025 to 2035)	2.70%

Category-Wise Insights

Segment	Value Share (2025)
Dutch Cocoa (By Product Type)	21%

Segment	Value Share (2025)
Chocolate & Confectionery (By Application)	21%

In March 2023, the chocolate price stood at $6,151 per ton (FOB, Germany), with an increase of 7% against the previous month.