Cocoa fell to 7,990.30 USD/T on July 11, 2025, down 8.60% from the previous day. Over the past month, Cocoa's price has fallen 18.47%, and is down 4.35% 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 July of 2025.

Gain extensive data on cocoa including production, prices, stocks, consumption, and more, with LSEG's International Cocoa Organization (ICCO) dataset.

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

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.

Get the latest insights on price movement and trend analysis of Cocoa Butter in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

This statistic shows the production of cocoa beans from 2020/21 to 2022/23, with a forecast for 2023/24, by country. In crop year 2022/2023, about **** million metric tons of cocoa beans were produced in Côte d'Ivoire. Cocoa production Cocoa, a native to the Americas, was a valuable crop in the earliest South American cultures. The term cocoa originated from the Nahuatl word “cacahuatl”. Many believe that the plant first grew in the Amazon and upper Orinoco basins but the Mayans and the Aztecs eventually developed techniques to cultivate cocoa successfully. The plant was considered as a symbol of wealth for these civilizations and its beans were used as currency. Cocoa beans are the main ingredient for making chocolate.Cocoa beans are produced in tropical zones around the Equator, where climate conditions are well suited for growing cocoa trees. About 70 percent of the world’s cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon. The Ivory Coast and Ghana are by far the two largest producers of cocoa, accounting for more than ** percent of the world´s cocoa. In 2021, the Ivory Coast alone produced approximately *** million metric tons of cocoa beans. The nation is expected to produce a slightly higher volume of cocoa beans during the 2022/2023 crop year.

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.

Cocoa bean production in Papua New Guinea reached ** thousand tons in 2019. Papua New Guinea’s cocoa production was seriously affected by an outbreak of Cocoa Pod Borer in 2008. Despite production remaining relatively stable over the past few years, volumes have struggled to recover to pre-2008 levels since the outbreak.

What is cocoa’s contribution to Papua New Guinea’s economy

Cocoa is farmed across the entire country, having a presence in ** out of 22 provinces. At least *** thousand Papua New Guinean families rely on cocoa farming for their livelihood, and the economic contribution was estimated as *** million Papua New Guinean kina (about ** million U.S. dollars).

On a global scale, cocoa production in Papua New Guinea was not significant - Côte d'Ivoire, for example, produced ***** thousand tons in the same year. Despite this, Papua New Guinea has a global reputation of producing some of the highest quality cocoa in the world. Currently, most of the country’s cocoa exports are to the Asia region, however, initiatives to develop specialty markets have been recently introduced. The global cocoa price was ***** U.S. dollars per metric ton as of June 2019.

While European and United States markets are responsible for the highest consumption volumes of cocoa respectively, growth in cocoa consumption is being driven by emerging markets such as Brazil, China, and India. With upcoming demand expected to exceed supply according to the International Cocoa Organisation (ICCO), the future for Papua New Guinean cocoa looks promising.

Dark Chocolate Market size was valued at USD 70.69 Billion in 2024 and is projected to reach USD 126.13 Billion by 2031, growing at a CAGR of 8.28% from 2024 to 2031.Global Dark Chocolate Market DriversGrowing Health Awareness and Perceived Benefits of Dark Chocolate: The rising knowledge of dark chocolate's potential health advantages is propelling market expansion. Consumers are growing interested in dark chocolate because of its greater cocoa content and accompanying health benefits. According to a National Confectioners Association (NCA) survey, 72% of consumers believe that chocolate may be part of a nutritious diet. Furthermore, the research says that 88% of Americans believe chocolate is a delicacy that should be consumed in moderation.Rising Demand for Premium and Organic Dark Chocolate Products: Consumers increasingly demand high-quality, premium dark chocolate products, particularly those that are organic and ethically sourced. According to the International Cocoa Organization (ICCO), the worldwide organic chocolate industry is predicted to increase at a 2.5% CAGR from 2019 to 2024. Furthermore, a survey published in the Journal of Food Products Marketing discovered that 68% of consumers are willing to spend more for organic chocolate goods.Expanding Dark Chocolate Market in Emerging Economies: The dark chocolate market is expanding rapidly in emerging economies, particularly Asia-Pacific and Latin America, as disposable incomes rise and consumer preferences shift. According to Euromonitor International, the compound annual growth rate (CAGR) for dark chocolate sales in China is expected to be 11.3% between 2021 and 2026. Similarly, the dark chocolate market in India is predicted to develop at an 8.5% CAGR during the same period.