As of 2021, the price of cocoa in Ghana was projected at 2.4 U.S. dollars per kilogram. This price was forecast to reach 2.5 U.S. dollars per kilogram between 2022 and 2024. However, in 2025, it is expected that 2.6 U.S. dollars would be paid for every kilogram of cocoa purchased from Ghana. The country is a leading producer of cocoa worldwide.
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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.
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In 2024, the Ghanian cocoa bean market increased by 35% to $829M, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a mild contraction. As a result, consumption attained the peak level of $2B. From 2021 to 2024, the growth of the market remained at a lower figure.
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.
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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.
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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.
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Ghana announces a second cocoa harvest forecast reduction for 2024-25 season due to adverse weather, affecting global supply and prices.
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Cocoa rose to 7,757.26 USD/T on July 18, 2025, up 6.18% from the previous day. Over the past month, Cocoa's price has fallen 19.34%, but it is still 0.27% 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 July of 2025.
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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Dataset include total cocoa exports and production in Ghana and world averages, world cocoa prices, gross domestic product growth rate in Ghana and real exchange rate in Ghana. The objective of the research is to measure the impact of cocoa rehabilitation project on cocoa export performance in Ghana. Data used is time series.
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.
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The Cocoa Sector Expenditure and Revenue in Ghana dataset contains expenditure and revenue data from cocoa sector in Ghana. The dataset aggregates information from various sources including Food and Agriculture Organization (FAO), Ghana Cocoa Board (COCOBOD), and Producer Price Review Committee (PPRC). These data are available from 1996-2012.
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This research was undertaking to find the linkage between the Cocoa Rehabilitation Project (CRP) introduced into the cocoa sector of Ghana from 1988 to 1993 and cocoa exports in Ghana over the last 3 decades. The research identifies and analyses Ghana cocoa exports as the response variable whiles Ghana cocoa production, world cocoa exports, world cocoa production, world cocoa prices, GDP growth rate and real exchange rate are analyzed as explanatory. The study concludes that in the long-run, none of the explanatory variables have any significant impact on the response variable. The data was gathered based on the parameters set out to achieve at the end of the study which was to identify the possible influence the CRP may have had on the success or failures of cocoa exports in Ghana for the period under study.
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658 Global import shipment records of Ghana Cocoa with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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In 2023, approx. 37K tons of cocoa powder (not sweetened) were exported from Ghana; waning by -5.4% compared with 2022 figures.
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The Ghanian market for chocolate and other food preparations containing cocoa stood at $92M in 2024, picking up by 2.6% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked in 2024 and is likely to see steady growth in years to come.
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27458 Global exporters importers export import shipment records of Ghana cocoa with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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In 2024, the Ghanian cocoa butter market increased by 123% to $56M, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a drastic downturn. Over the period under review, the market reached the maximum level at $412M in 2020; however, from 2021 to 2024, consumption remained at a lower figure.
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130 Global export shipment records of Ghana Cocoa with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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The Ghanian cocoa powder market contracted modestly to $34M in 2024, which is down by -4.2% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Cocoa powder consumption peaked at $35M in 2023, and then fell in the following year.
As of 2021, the price of cocoa in Ghana was projected at 2.4 U.S. dollars per kilogram. This price was forecast to reach 2.5 U.S. dollars per kilogram between 2022 and 2024. However, in 2025, it is expected that 2.6 U.S. dollars would be paid for every kilogram of cocoa purchased from Ghana. The country is a leading producer of cocoa worldwide.