Cocoa fell to 6,139.81 USD/T on October 7, 2025, down 2.28% from the previous day. Over the past month, Cocoa's price has fallen 13.90%, and is down 13.32% 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 October of 2025.

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

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

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.

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.

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

Cocoa prices in , August, 2025 For that commodity indicator, we provide data from January 1960 to August 2025. The average value during that period was 1.91 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

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).

Graph and download economic data for Producer Price Index by Industry: Chocolate and Confectionery Manufacturing (PCU3113531135) from Dec 2011 to Aug 2025 about chocolate, confectionery, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Other Chocolate and Cocoa Products, Made from Cacao Beans (WPU02540109) from Jun 1983 to Aug 2025 about chocolate, cocoa, beans, processed, food, production, commodities, PPI, price index, indexes, price, and USA.

Cocoa prices have dropped significantly due to demand concerns and market challenges, affecting the chocolate industry.

The average chocolate import price stood at $7,043 per ton in May 2025, stabilizing at the previous month.

Graph and download economic data for Global price of Cocoa (PCOCOUSDA) from 1990 to 2024 about cocoa, World, and price.

The price of chocolate bars in the UK was approximately 6.22 British pounds per kilogram in 2023. This represented an increase of 3.5 percent.

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

The price for chocolate candy outpaced non-chocolate in 2019, averaging **** U.S. dollars per unit compared to **** for non-chocolate. In private label, chocolate candy was also priced higher than non-chocolate, although the spread between prices was greater. Private label chocolate candy was priced at an average of **** dollars per unit compared to **** for non-chocolate.

Average price per unit explained

The average unit price of a product is derived by dividing the total sales by the number of units sold. This data is valuable in helping to understand pricing of a product that may be sold in multiple formats of size and packaging. By calculating average unit price such variance is neutralized and product prices can be fairly compared. In the example above for instance, sales of private label chocolate candy totaled ***** million U.S. dollars and unit sales totaled **** million units. The former divided by the latter does indeed average **** dollars per unit.

The market size for Switzerland Chocolate in 2021 was estimated at around USD 1.63 Bn. Whereas it will reach USD 2.11 Bn by 2029 with a significant growth rate of 3.28% Market Dynamics of Switzerland Chocolate Market

Key Drivers of Chocolate Market

Increasing Consumption in Developing Economies

The expansion of the middle class and urbanization in nations such as India, China, and Brazil is driving up the demand for chocolate. As disposable incomes rise, so does the desire for premium and imported chocolate varieties. The growth of modern retail and the penetration of e-commerce are making chocolates more accessible, particularly in tier-2 and tier-3 cities. Furthermore, the increasing youth demographic and the culture of gifting during festivals and holidays are contributing to significant volume growth in these emerging markets.

Innovation in Flavors, Formats, and Functional Ingredients

Brands are persistently innovating with unique flavors (such as chili, matcha, and sea salt), inclusions (like nuts, berries, and cereals), and health-oriented ingredients (including probiotics, protein, and plant-based sweeteners). Dark, vegan, sugar-free, and organic chocolates are becoming more popular among health-conscious consumers. Formats such as bite-sized chocolates, drinkable options, and filled bars are also appealing to millennials and Gen Z. These innovations foster product differentiation and enhance brand loyalty in competitive retail settings.

Increasing Demand for Premium and Artisanal Products

Consumers are progressively looking for high-quality, ethically sourced chocolate that features unique textures and rich cocoa content. Premium chocolate brands that provide bean-to-bar traceability, single-origin sourcing, and artisanal presentation are flourishing, particularly in North America and Western Europe. Chocolatiers and gourmet brands are expanding their reach through online platforms and boutique stores to connect with affluent consumers who value indulgence, brand storytelling, and quality over quantity.

Key Restraints in Chocolate Market

Fluctuations in Cocoa Prices and Disruptions in the Supply Chain

Cocoa bean prices are subject to variations due to climatic factors, political unrest in key producing nations such as Côte d'Ivoire and Ghana, and imbalances in global supply and demand. The increasing costs of inputs like sugar, milk, and energy further elevate production expenses. Smaller manufacturers, operating on narrow profit margins, find it challenging to absorb these rising costs, resulting in pricing pressures, reformulations, or diminished profitability, particularly during global shipping delays or agricultural disruptions.

Health Issues Associated with Sugar and Caloric Intake

As consumers grow more health-conscious, worries regarding obesity, diabetes, and sugar consumption are impacting the regular consumption of traditional milk and white chocolates. In some regions, regulatory measures now require front-of-pack nutrition labeling and the implementation of sugar taxes, which may sway consumer preferences. This trend is shifting demand towards dark, low-sugar, or functional alternatives, thereby constraining growth in the mass-market confectionery sector.

Challenges in Environmental and Ethical Sourcing

The cocoa industry faces challenges such as deforestation, child labor, and unethical trade practices, which have resulted in reputational risks for chocolate manufacturers. Brands are increasingly under scrutiny from consumers and advocacy groups regarding their sustainability credentials. Ensuring that cocoa is traceable and ethically sourced (for instance, through certifications like Rainforest Alliance and Fairtrade) introduces additional operational complexity and costs. Failing to meet Environmental, Social, and Governance (ESG) expectations can damage brand equity and lessen appeal, particularly in Western markets where there is a growing emphasis on ethical consumption.

Key Trends of Chocolate Market

Plant-Based and Vegan Chocolate Surge

With the increasing popularity of vegan and flexitarian diets, brands are innovating by creating dairy-free chocolates made from almond, oat, or rice milk. Vegan chocolates have transitioned from a niche market to mainstream availability, offering a diverse range of flavors and premium branding. Companies are also reformulating their products to...

Discover how global economic changes are affecting chocolate prices and demand, with insights into the top exporters navigating these challenges.

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.

Hershey announces a price hike for its chocolates, citing a significant increase in cocoa costs due to poor harvests and climate change impacts in major cocoa-producing regions.