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.

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.

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.

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.

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

This statistic shows the grindings of cocoa beans in Ghana from 2012/2013 to 2022/2023 and provides a forecast for 2023/2024. In the 2016/2017 cocoa season, some *** thousand metric tons of cocoa beans were ground in Ghana.

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.

For the fourth year in a row, the Ugandan cocoa powder market recorded growth in sales value, which increased by 4.6% to $86M in 2024. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2024: its value increased at an average annual rate of +6.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +40.4% against 2016 indices.

Chocolate exports from Cuba totaled X kg in 2019, approximately reflecting 2018 figures. In general, exports recorded a abrupt curtailment. The smallest decline of 99.9% was in 2016. The exports peaked at X kg in 2012; however, from 2013 to 2019, the exports remained at a lower figure.

India WPI: Mfg: Food: CC: Chocolate & Cocoa Powder data was reported at 134.100 2011-2012=100 in Oct 2018. This records an increase from the previous number of 128.000 2011-2012=100 for Sep 2018. India WPI: Mfg: Food: CC: Chocolate & Cocoa Powder data is updated monthly, averaging 122.600 2011-2012=100 from Apr 2012 (Median) to Oct 2018, with 79 observations. The data reached an all-time high of 135.700 2011-2012=100 in Aug 2016 and a record low of 100.200 2011-2012=100 in May 2012. India WPI: Mfg: Food: CC: Chocolate & Cocoa Powder data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH007: Wholesale Price Index: 2011-12=100: Manufactured Products: Food.

India Argi Output Value: DN: Cocoa data was reported at 1,972.945 INR mn in 2016. This records a decrease from the previous number of 2,993.685 INR mn for 2015. India Argi Output Value: DN: Cocoa data is updated yearly, averaging 1,479.801 INR mn from Mar 2012 (Median) to 2016, with 5 observations. The data reached an all-time high of 2,993.685 INR mn in 2015 and a record low of 1,380.227 INR mn in 2014. India Argi Output Value: DN: Cocoa data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.RIF001: Agriculture Output Value: 2011-2012p: Current Price: Foodgrains and Non Foodgrains.

Argi Output Value: DN: Cocoa: Kerala data was reported at 408.500 INR mn in 2021. This records an increase from the previous number of 373.900 INR mn for 2020. Argi Output Value: DN: Cocoa: Kerala data is updated yearly, averaging 549.870 INR mn from Mar 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 721.894 INR mn in 2016 and a record low of 373.900 INR mn in 2020. Argi Output Value: DN: Cocoa: Kerala data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.RIF061: Agriculture Output Value: 2011-2012p: Current Price: by States: Non Foodgrains: Drugs and Narcotics: Cocoa.

The Belarusian cocoa powder market contracted slightly to $11M in 2024, reducing by -2% against the previous year. Over the period under review, the total consumption indicated tangible growth from 2012 to 2024: its value increased at an average annual rate of +2.0% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +27.5% against 2016 indices.

For the third year in a row, the MENA's cocoa paste market recorded growth in sales value, which increased by 1.2% to $2B in 2024. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the market value increased by 7.4% against the previous year.

For the sixth year in a row, the Polish chocolate market recorded growth in sales value, which increased by 24% to $1.9B in 2024. Overall, the total consumption indicated a notable increase from 2012 to 2024: its value increased at an average annual rate of +4.7% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +111.6% against 2016 indices.

The Mexican cocoa powder market soared to $239M in 2024, growing by 16% against the previous year. Overall, the total consumption indicated a modest increase from 2012 to 2024: its value increased at an average annual rate of +1.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +51.7% against 2016 indices.

Indonesia Imports: SITC: Volume: Chocolate and Other Food Preparations Containing Cocoa data was reported at 1.150 kg mn in Jun 2019. This records a decrease from the previous number of 1.761 kg mn for May 2019. Indonesia Imports: SITC: Volume: Chocolate and Other Food Preparations Containing Cocoa data is updated monthly, averaging 1.431 kg mn from Jan 2012 (Median) to Jun 2019, with 90 observations. The data reached an all-time high of 2.662 kg mn in Jun 2016 and a record low of 0.428 kg mn in Aug 2013. Indonesia Imports: SITC: Volume: Chocolate and Other Food Preparations Containing Cocoa data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAA034: Import: Indonesia Custom Fare 2012: by SITC: 3 Digits: Volume.

Moldova IPPI: NACE 2: Mfg: FP: Cocoa, Chocolate and Sugar Confectionery data was reported at 104.600 Prev Year=100 in 2017. This records a decrease from the previous number of 105.400 Prev Year=100 for 2016. Moldova IPPI: NACE 2: Mfg: FP: Cocoa, Chocolate and Sugar Confectionery data is updated yearly, averaging 103.250 Prev Year=100 from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 108.800 Prev Year=100 in 2015 and a record low of 99.500 Prev Year=100 in 2012. Moldova IPPI: NACE 2: Mfg: FP: Cocoa, Chocolate and Sugar Confectionery data remains active status in CEIC and is reported by National Bureau of Statistics of the Republic of Moldova. The data is categorized under Global Database’s Moldova – Table MD.I012: Industrial Production Price Index: Previous Year=100.

Agri Output Value: 2011-12p: DN: Cocoa: Kerala data was reported at 341.500 INR mn in 2021. This records an increase from the previous number of 325.200 INR mn for 2020. Agri Output Value: 2011-12p: DN: Cocoa: Kerala data is updated yearly, averaging 473.692 INR mn from Mar 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 543.339 INR mn in 2016 and a record low of 325.200 INR mn in 2020. Agri Output Value: 2011-12p: DN: Cocoa: Kerala data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.RIG061: Agriculture Output Value: 2011-2012p: Constant Price: by States: Non Foodgrains: Drugs and Narcotics: Cocoa.