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Cocoa decreased 3,489.42 USD/MT or 30.33% since the beginning of 2025, 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 March of 2025.
Between 2016 and 2024, the monthly price of cocoa worldwide peaked in April 2024 at about 9,876 U.S. dollars per metric ton. Global cocoa industry Global cocoa production is expected to reach about 4.5 million tons in the 2023/2024 crop year. Most of the world’s cocoa beans are grown in Africa; in 2023/2024, about 3.2 million tons of cocoa beans were produced there, while about one 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 14.4 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.
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The market price of cocoa beans is influenced by a variety of factors including supply and demand dynamics, weather conditions, political instability in cocoa-producing regions, and currency fluctuations. Cocoa beans are the primary ingredient used in the production of chocolate, making the cocoa market an important component of the global confectionery industry. This article explores the various factors that affect cocoa bean prices and highlights the importance of understanding these factors for stakehold
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Learn about the factors that influence the price of cocoa beans per kg, including supply and demand dynamics, market conditions, and global cocoa market indicators. Explore the impact of factors such as weather conditions, political instability, and consumer demand on cocoa bean prices. Discover the role of futures contracts in determining cocoa prices and understand the importance of considering the entire cocoa supply chain. Find out the current average price of cocoa beans and the significance of certifi
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.
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Understanding the factors that influence the price of cocoa beans including supply and demand dynamics, weather conditions, production costs, and market speculation. Insights into fluctuations in cocoa bean prices can help chocolate manufacturers, traders, and investors make informed decisions and manage potential risks in the market.
This data illustrates the year-on-year price development of cocoa bean imports in Germany from 2009 to 2023. In 2023, import prices of cocoa beans increased by around 34 percent compared to the year before. This was a significant change compared to 2022.
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United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened/Unsweetened Chocolate/Cocoa Powder, Cacao Beans was 87.60000 Index Dec 2011=100 in December of 2018, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened/Unsweetened Chocolate/Cocoa Powder, Cacao Beans reached a record high of 105.30000 in December of 2015 and a record low of 81.10000 in December of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened/Unsweetened Chocolate/Cocoa Powder, Cacao Beans - last updated from the United States Federal Reserve on March of 2025.
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United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened Chocolate, Excluding Coatings, Cacao Beans was 106.10000 Index Dec 2011=100 in June of 2020, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened Chocolate, Excluding Coatings, Cacao Beans reached a record high of 106.10000 in June of 2020 and a record low of 94.30000 in August of 2013. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened Chocolate, Excluding Coatings, Cacao Beans - last updated from the United States Federal Reserve on March of 2025.
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.
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Graph and download economic data for Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Chocolate Coatings, Made from Cacao Beans (PCU3113513113511) from Dec 2011 to Feb 2025 about chocolate, confectionery, beans, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.
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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.
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The Report On Cocoa Beans Market is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa) Based On Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. It Also Offers Market Estimates and Forecasts in Terms of Value (USD) and Volume (Metric Tons) for all the Above Segments.
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In 2023, approx. 21K tons of cocoa beans were imported into India; which is down by -39.5% against the previous year.
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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.
For the period between October and December 2023, the price of marketed cocoa in Côte d'Ivoire was measured at 2,731 West African CFA francs (XOF) per kilogram. This corresponded to roughly 4.5 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.
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1173 Global import shipment records of Cocoa Beans with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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The market is expected to grow at a CAGR of 6.5 % with a market value of USD 15.5 Billion in 2025 and USD 29.1 Billion in 2035. The market growth is primarily driven by increasing demand for premium and artisanal chocolate along with quality cacao beans.
Market Metrics
Metric | Value |
---|---|
Industry Size (2025E) | USD 15.5 Billion |
Industry Value (2035F) | USD 29.1 Billion |
CAGR (2025 to 2035) | 6.5% |
Country-wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 6.8% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 6.2% |
Country | CAGR (2025 to 2035) |
---|---|
EU | 6.4% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 6.1% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 6.6% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Barry Callebaut | 12-16% |
Cargill, Inc. | 10-14% |
Olam International | 8-12% |
ECOM Agroindustrial Corp. | 6-10% |
Touton S.A. | 4-8% |
Other Companies (combined) | 45-55% |
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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.
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955 Global export shipment records of Cocoa,beans with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Cocoa decreased 3,489.42 USD/MT or 30.33% since the beginning of 2025, 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 March of 2025.