Cocoa rose to 10,208.10 USD/T on June 9, 2025, up 0.34% from the previous day. Over the past month, Cocoa's price has risen 9.29%, and is up 7.62% 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 June of 2025.

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).

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.

In the fourth quarter of 2023, the price of cocoa in Ecuador reached 3224 USD/MT. The price of cocoa reached 2858 USD/MT during Q4 2023 in Netherlands. Meanwhile, during the fourth quarter of 2023, Belgium recorded the cocoa prices at 3139 USD/MT.

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.

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.

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

As of June 2024, cocoa in Brazil was traded at an average price of 807.4 Brazilian reals per 14.7 kilograms (one arroba*), a significant increase of over 270 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 220 thousand metric tons in crop year 2022/2023.

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.

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

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.

United States - Producer Price Index by Commodity: Processed Foods and Feeds: Other Chocolate and Cocoa Products, Made from Cacao Beans was 257.63700 Index Jun 1983=100 in May of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Other Chocolate and Cocoa Products, Made from Cacao Beans reached a record high of 257.63700 in May of 2022 and a record low of 90.40000 in July of 1991. 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: Other Chocolate and Cocoa Products, Made from Cacao Beans - last updated from the United States Federal Reserve on June of 2025.

The combined price in the 'Cocoa' segment of the hot drinks market in Brazil was forecast to continuously increase between 2024 and 2029 by in total 1.4 U.S. dollars (+17.37 percent). After the ninth consecutive increasing year, the combined price is estimated to reach 9.47 U.S. dollars and therefore a new peak in 2029. Find other key market indicators concerning the average consumption per capita and volume. The Statista Market Insights cover a broad range of additional markets.

Learn about the factors that influence the price of cocoa beans, including weather conditions, global demand, supply, currency exchange rates, trading conditions, market speculations, and challenges faced by cocoa production.

Graph and download economic data for Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Other Chocolate and Cocoa Products, Made from Cacao Beans (PCU3113513113517) from Dec 2011 to Apr 2025 about chocolate, cocoa, confectionery, beans, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

According to Cognitive Market Research, the global Cocoa Beans market size is USD 13814.2million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 5525.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a share of over30% of the global market size of USD 4144.26million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3177.27million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 690.71million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2.00% of the global revenue with a market size of USD 276.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Cocoa Powder held the highest Cocoa Beans market revenue share in 2024.

Driving Factor of the Cocoa Beans Market

Growing Demand for Chocolate Products to Increase the Demand Globally

One key driver in the cocoa beans market is the growing demand for chocolate products worldwide. As consumer preferences shift towards indulgent and premium treats, the demand for chocolate continues to rise. This increasing demand drives the need for cocoa beans, as they are the primary ingredient in chocolate production. Additionally, the rising popularity of chocolate in emerging markets, coupled with the expansion of the confectionery industry, further contributes to the demand for cocoa beans. As a result, cocoa bean producers experience higher demand, stimulating market growth and driving up prices in the cocoa beans market.

Shift Towards Sustainable and Ethical Sourcing Practices to Propel Market Growth

Another key driver shaping the cocoa beans market is the global shift towards sustainable and ethical sourcing practices. With increasing awareness of environmental and social issues, consumers, as well as chocolate manufacturers, are placing greater emphasis on sourcing cocoa beans from sustainable and ethically responsible suppliers. This trend is driven by concerns over deforestation, child labour, and fair wages in cocoa-producing regions. As a result, there is a growing demand for certified cocoa beans, such as those with Fair Trade or Rainforest Alliance certifications. Producers and suppliers that adopt sustainable practices benefit from increased consumer trust and access to premium markets, driving the adoption of sustainable sourcing practices across the cocoa beans market.

Restraint Factor of the Cocoa Beans Market

Climate Change and Environmental Factors to Limit the Sales

One key restraint in the cocoa beans market is the impact of climate change and environmental factors on cocoa production. Cocoa trees are sensitive to changes in temperature, rainfall patterns, and humidity, all of which are influenced by climate change. Shifts in weather patterns, such as prolonged droughts or excessive rainfall, can negatively affect cocoa yields and quality, leading to reduced harvests and increased susceptibility to pests and diseases. Additionally, deforestation and habitat destruction in cocoa-producing regions further exacerbate environmental challenges, threatening the long-term sustainability of cocoa production. As a result, cocoa bean producers face increased risks and uncertainties related to climate change and environmental degradation, which can constrain supply and drive up production costs in the cocoa beans market.

Impact of Covid-19 on the Cocoa Beans Market

The Covid-19 pandemic has had a significant impact on the generators market, both positively and negatively. On one hand, the pandemic has spurred increased demand for generators, particularly in sectors such as healthcare, telecommunications, and data centers, where uninterrupted power supply is critical for maintaining essential services and supporting remote work infrastructure. Additionally, the pandemic has highlighted the importance of backup power solutions in ensuring business continuity and resilience against unforeseen disruptions. On the other hand, the economic downturn resulting from the ...

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.

The revenue of the cocoa market in Papua New Guinea amounted to $X in 2018, going up by X% against the previous year. Over the period under review, cocoa consumption continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when the market value increased by X% year-to-year. Cocoa consumption peaked in 2018 and is expected to retain its growth in the near future.

European Union - Harmonised index of consumer prices (HICP): Cocoa and powdered chocolate was 156.46 points in April of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Harmonised index of consumer prices (HICP): Cocoa and powdered chocolate - last updated from the EUROSTAT on June of 2025. Historically, European Union - Harmonised index of consumer prices (HICP): Cocoa and powdered chocolate reached a record high of 156.46 points in April of 2025 and a record low of 99.86 points in April of 2017.

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.