Cocoa fell to 7,635 USD/T on August 29, 2025, down 1.33% from the previous day. Over the past month, Cocoa's price has fallen 6.80%, and is down 21.04% 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 September of 2025.

Cocoa prices have plummeted, with significant drops in both NY and London futures. Key factors include reduced cocoa grindings, favorable weather in major producing regions, and high inventory levels.

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

Explore the recent decline in cocoa prices driven by reduced chocolate demand and revised sales forecasts by major chocolate producers.

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

Cocoa futures declined as weak demand and supply uncertainties pressured prices, with concerns over West African harvests and ICCO's deficit forecast influencing the market.

This statistic shows the worldwide cocoa price from 2008 to 2024 in U.S. dollars per metric kilogram. In 2024, the price per kilogram of cocoa was over seven U.S. dollars.

Cocoa prices dropped due to improved weather forecasts and weak demand, with key insights on global production, inventory levels, and market trends.

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.

Cocoa prices dropped due to declining demand and supply disruptions, including dry weather in West Africa and reduced sales from key producers.

Europe has a robust chocolate and confectionary manufacturing sector owing to European consumers’ appetite for sweet treats. Europe is the world's leading producer and consumer of chocolate. The continent was responsible for 56% of the world’s cocoa beans in 2021 and accounted for 76% of worldwide chocolate sales. Notably, renowned chocolate manufacturers from Belgium and Switzerland contribute significantly to this high export rate. Germany also leads in per-capita chocolate consumption, consuming an average of 11kg of chocolate per capita annually. Consequently, the huge demand for chocolate within and outside Europe creates a profitable market for European manufacturers. While nominal sales of chocolate and sweets have grown in recent years, in real terms, industry revenue is estimated to fall at a compound annual rate of 2.9% over the five years through 2024, reaching €71.1 billion owing to the massive wave of inflation. The chocolate and confectionery industry faces challenges due to increasing sugar and cocoa prices. These rising costs have compelled European manufacturers to raise their selling prices. Although consumers continued to buy chocolate and sweets despite the price hikes, the growing cost of living threatens to reduce consumption. Statistics show that EU sugar prices alone rose by 80% in the year through June 2023, sparking attempts to minimise sugar usage in chocolate products. Industry revenue is projected to sink by 3.5% in 2024. Confectionary manufacturers are set to implement healthier solutions and pursue more sustainable practices. An increased health awareness among European consumers threatens the consumption of sugary products like chocolate. However, it could also present an opportunity for healthier alternatives like dark chocolate, which contains less sugar. Ethical sourcing and sustainability are becoming more popular as consumers increasingly demand information about their chocolate's origin and production process. As a result, European chocolate manufacturers are keen on sourcing cocoa from sustainable farms and promoting transparency in their supply chains. Overall, industry revenue is forecast to grow at a compound annual rate of 2.1% over the five years through 2029 to reach €78.9 billion.

Cocoa prices have fallen sharply due to demand concerns and rising supply, with significant impacts on the global market.

Cocoa prices have dropped significantly due to declining chocolate demand, high inventory levels, and quality issues, affecting major producers and global market dynamics.

Europe has a robust chocolate and confectionary manufacturing sector owing to European consumers’ appetite for sweet treats. Europe is the world's leading producer and consumer of chocolate. The continent was responsible for 56% of the world’s cocoa beans in 2021 and accounted for 76% of worldwide chocolate sales. Notably, renowned chocolate manufacturers from Belgium and Switzerland contribute significantly to this high export rate. Germany also leads in per-capita chocolate consumption, consuming an average of 11kg of chocolate per capita annually. Consequently, the huge demand for chocolate within and outside Europe creates a profitable market for European manufacturers. While nominal sales of chocolate and sweets have grown in recent years, in real terms, industry revenue is estimated to fall at a compound annual rate of 2.9% over the five years through 2024, reaching €71.1 billion owing to the massive wave of inflation. The chocolate and confectionery industry faces challenges due to increasing sugar and cocoa prices. These rising costs have compelled European manufacturers to raise their selling prices. Although consumers continued to buy chocolate and sweets despite the price hikes, the growing cost of living threatens to reduce consumption. Statistics show that EU sugar prices alone rose by 80% in the year through June 2023, sparking attempts to minimise sugar usage in chocolate products. Industry revenue is projected to sink by 3.5% in 2024. Confectionary manufacturers are set to implement healthier solutions and pursue more sustainable practices. An increased health awareness among European consumers threatens the consumption of sugary products like chocolate. However, it could also present an opportunity for healthier alternatives like dark chocolate, which contains less sugar. Ethical sourcing and sustainability are becoming more popular as consumers increasingly demand information about their chocolate's origin and production process. As a result, European chocolate manufacturers are keen on sourcing cocoa from sustainable farms and promoting transparency in their supply chains. Overall, industry revenue is forecast to grow at a compound annual rate of 2.1% over the five years through 2029 to reach €78.9 billion.

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.

Europe has a robust chocolate and confectionary manufacturing sector owing to European consumers’ appetite for sweet treats. Europe is the world's leading producer and consumer of chocolate. The continent was responsible for 56% of the world’s cocoa beans in 2021 and accounted for 76% of worldwide chocolate sales. Notably, renowned chocolate manufacturers from Belgium and Switzerland contribute significantly to this high export rate. Germany also leads in per-capita chocolate consumption, consuming an average of 11kg of chocolate per capita annually. Consequently, the huge demand for chocolate within and outside Europe creates a profitable market for European manufacturers. While nominal sales of chocolate and sweets have grown in recent years, in real terms, industry revenue is estimated to fall at a compound annual rate of 2.9% over the five years through 2024, reaching €71.1 billion owing to the massive wave of inflation. The chocolate and confectionery industry faces challenges due to increasing sugar and cocoa prices. These rising costs have compelled European manufacturers to raise their selling prices. Although consumers continued to buy chocolate and sweets despite the price hikes, the growing cost of living threatens to reduce consumption. Statistics show that EU sugar prices alone rose by 80% in the year through June 2023, sparking attempts to minimise sugar usage in chocolate products. Industry revenue is projected to sink by 3.5% in 2024. Confectionary manufacturers are set to implement healthier solutions and pursue more sustainable practices. An increased health awareness among European consumers threatens the consumption of sugary products like chocolate. However, it could also present an opportunity for healthier alternatives like dark chocolate, which contains less sugar. Ethical sourcing and sustainability are becoming more popular as consumers increasingly demand information about their chocolate's origin and production process. As a result, European chocolate manufacturers are keen on sourcing cocoa from sustainable farms and promoting transparency in their supply chains. Overall, industry revenue is forecast to grow at a compound annual rate of 2.1% over the five years through 2029 to reach €78.9 billion.

Cocoa prices have dropped as supply concerns ease and potential tariff exemptions loom. Despite increased production in Ivory Coast and Ghana, dry weather and declining chocolate demand affect the market. Future projections indicate a possible global surplus.

Europe has a robust chocolate and confectionary manufacturing sector owing to European consumers’ appetite for sweet treats. Europe is the world's leading producer and consumer of chocolate. The continent was responsible for 56% of the world’s cocoa beans in 2021 and accounted for 76% of worldwide chocolate sales. Notably, renowned chocolate manufacturers from Belgium and Switzerland contribute significantly to this high export rate. Germany also leads in per-capita chocolate consumption, consuming an average of 11kg of chocolate per capita annually. Consequently, the huge demand for chocolate within and outside Europe creates a profitable market for European manufacturers. While nominal sales of chocolate and sweets have grown in recent years, in real terms, industry revenue is estimated to fall at a compound annual rate of 2.9% over the five years through 2024, reaching €71.1 billion owing to the massive wave of inflation. The chocolate and confectionery industry faces challenges due to increasing sugar and cocoa prices. These rising costs have compelled European manufacturers to raise their selling prices. Although consumers continued to buy chocolate and sweets despite the price hikes, the growing cost of living threatens to reduce consumption. Statistics show that EU sugar prices alone rose by 80% in the year through June 2023, sparking attempts to minimise sugar usage in chocolate products. Industry revenue is projected to sink by 3.5% in 2024. Confectionary manufacturers are set to implement healthier solutions and pursue more sustainable practices. An increased health awareness among European consumers threatens the consumption of sugary products like chocolate. However, it could also present an opportunity for healthier alternatives like dark chocolate, which contains less sugar. Ethical sourcing and sustainability are becoming more popular as consumers increasingly demand information about their chocolate's origin and production process. As a result, European chocolate manufacturers are keen on sourcing cocoa from sustainable farms and promoting transparency in their supply chains. Overall, industry revenue is forecast to grow at a compound annual rate of 2.1% over the five years through 2029 to reach €78.9 billion.

Cocoa prices dropped as speculation of U.S. tariff exemptions emerged, easing supply concerns. Despite previous supply tightness from Ivory Coast, bearish sentiment continues with declining chocolate demand and weak cocoa grindings.

Europe has a robust chocolate and confectionary manufacturing sector owing to European consumers’ appetite for sweet treats. Europe is the world's leading producer and consumer of chocolate. The continent was responsible for 56% of the world’s cocoa beans in 2021 and accounted for 76% of worldwide chocolate sales. Notably, renowned chocolate manufacturers from Belgium and Switzerland contribute significantly to this high export rate. Germany also leads in per-capita chocolate consumption, consuming an average of 11kg of chocolate per capita annually. Consequently, the huge demand for chocolate within and outside Europe creates a profitable market for European manufacturers. While nominal sales of chocolate and sweets have grown in recent years, in real terms, industry revenue is estimated to fall at a compound annual rate of 2.9% over the five years through 2024, reaching €71.1 billion owing to the massive wave of inflation. The chocolate and confectionery industry faces challenges due to increasing sugar and cocoa prices. These rising costs have compelled European manufacturers to raise their selling prices. Although consumers continued to buy chocolate and sweets despite the price hikes, the growing cost of living threatens to reduce consumption. Statistics show that EU sugar prices alone rose by 80% in the year through June 2023, sparking attempts to minimise sugar usage in chocolate products. Industry revenue is projected to sink by 3.5% in 2024. Confectionary manufacturers are set to implement healthier solutions and pursue more sustainable practices. An increased health awareness among European consumers threatens the consumption of sugary products like chocolate. However, it could also present an opportunity for healthier alternatives like dark chocolate, which contains less sugar. Ethical sourcing and sustainability are becoming more popular as consumers increasingly demand information about their chocolate's origin and production process. As a result, European chocolate manufacturers are keen on sourcing cocoa from sustainable farms and promoting transparency in their supply chains. Overall, industry revenue is forecast to grow at a compound annual rate of 2.1% over the five years through 2029 to reach €78.9 billion.