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 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.

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.

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.

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.

MALAYSIA : MONTHLY AVERAGE PRICE OF COCOA BEANS (SMC 2) IN 2016 No. of Views : 70

Nigeria Average Crops Price: Cocoa data was reported at 570,240.000 NGN/Tonne in 2017. This records an increase from the previous number of 411,458.000 NGN/Tonne for 2016. Nigeria Average Crops Price: Cocoa data is updated yearly, averaging 201,245.000 NGN/Tonne from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 570,240.000 NGN/Tonne in 2017 and a record low of 79,600.000 NGN/Tonne in 1998. Nigeria Average Crops Price: Cocoa data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Average Crops Price.

Israel Consumer Price Index (CPI): FD: Other Food Products: Cocoa data was reported at 100.200 2016=100 in Oct 2018. This records an increase from the previous number of 99.200 2016=100 for Sep 2018. Israel Consumer Price Index (CPI): FD: Other Food Products: Cocoa data is updated monthly, averaging 64.252 2016=100 from Jan 1983 (Median) to Oct 2018, with 430 observations. The data reached an all-time high of 106.058 2016=100 in Nov 2013 and a record low of 0.378 2016=100 in Feb 1983. Israel Consumer Price Index (CPI): FD: Other Food Products: Cocoa data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.I002: Consumer Price Index: 2016=100.

Agricultural Prices: Average Weekly Prices: Producer: Cocoa: 60 Kg: Espírito Santo data was reported at 620.000 BRL in 19 Feb 2016. This records an increase from the previous number of 600.000 BRL for 12 Feb 2016. Agricultural Prices: Average Weekly Prices: Producer: Cocoa: 60 Kg: Espírito Santo data is updated daily, averaging 440.000 BRL from Jan 2014 (Median) to 19 Feb 2016, with 107 observations. The data reached an all-time high of 620.000 BRL in 19 Feb 2016 and a record low of 250.000 BRL in 07 Mar 2014. Agricultural Prices: Average Weekly Prices: Producer: Cocoa: 60 Kg: Espírito Santo data remains active status in CEIC and is reported by National Supply Company. The data is categorized under Brazil Premium Database’s Prices – Table BR.PA133: Agricultural Prices: CONAB: Average Weekly Prices: Producer: Cocoa.

MALAYSIA : ANNUAL AVERAGE PRICE OF COCOA BEANS (SMC 2)

India Retail Price Index: Industrial Workers: 2016p: Cocoa Products / Bournvits etc data was reported at 121.000 2016=100 in Feb 2025. This records an increase from the previous number of 120.800 2016=100 for Jan 2025. India Retail Price Index: Industrial Workers: 2016p: Cocoa Products / Bournvits etc data is updated monthly, averaging 111.100 2016=100 from Sep 2020 (Median) to Feb 2025, with 54 observations. The data reached an all-time high of 121.000 2016=100 in Feb 2025 and a record low of 106.000 2016=100 in Jan 2021. India Retail Price Index: Industrial Workers: 2016p: Cocoa Products / Bournvits etc data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Inflation – Table IN.IH012: Retail Price Index: Industrial Workers: 2016=100: Food & Beverages: Served & Packaged Processed Food.

Indonesia Collector Price: Plantation: Fermented Cacao: Denpasar Municipality: Bali data was reported at 43,800.000 IDR/kg in 05 Dec 2016. This records a decrease from the previous number of 44,000.000 IDR/kg for 01 Dec 2016. Indonesia Collector Price: Plantation: Fermented Cacao: Denpasar Municipality: Bali data is updated daily, averaging 33,400.000 IDR/kg from Jan 2013 (Median) to 05 Dec 2016, with 555 observations. The data reached an all-time high of 47,500.000 IDR/kg in 19 Jul 2016 and a record low of 19,500.000 IDR/kg in 16 Jul 2013. Indonesia Collector Price: Plantation: Fermented Cacao: Denpasar Municipality: Bali data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB002: Collector Price: by Commodities.

Indonesia Collector Price: Plantation: Unfermented Cacao: Padang Municipality: West Sumatera data was reported at 33,500.000 IDR/kg in 16 Dec 2016. This stayed constant from the previous number of 33,500.000 IDR/kg for 15 Dec 2016. Indonesia Collector Price: Plantation: Unfermented Cacao: Padang Municipality: West Sumatera data is updated daily, averaging 26,000.000 IDR/kg from Jan 2013 (Median) to 16 Dec 2016, with 506 observations. The data reached an all-time high of 35,000.000 IDR/kg in 15 Sep 2014 and a record low of 15,600.000 IDR/kg in 03 Jun 2013. Indonesia Collector Price: Plantation: Unfermented Cacao: Padang Municipality: West Sumatera data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB002: Collector Price: by Commodities.

Argentina Consumer Price Index (CPI): GBA: Food & Non-Alcoholic Beverages: Non-Alcoholic Beverages: Coffee, Tea, Yerba & Cocoa data was reported at 8,963.252 Dec2016=100 in Mar 2025. This records an increase from the previous number of 8,711.722 Dec2016=100 for Feb 2025. Argentina Consumer Price Index (CPI): GBA: Food & Non-Alcoholic Beverages: Non-Alcoholic Beverages: Coffee, Tea, Yerba & Cocoa data is updated monthly, averaging 377.227 Dec2016=100 from Apr 2016 (Median) to Mar 2025, with 108 observations. The data reached an all-time high of 8,963.252 Dec2016=100 in Mar 2025 and a record low of 87.737 Dec2016=100 in Apr 2016. Argentina Consumer Price Index (CPI): GBA: Food & Non-Alcoholic Beverages: Non-Alcoholic Beverages: Coffee, Tea, Yerba & Cocoa data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.I009: Consumer Price Index: Greater Buenos Aires: Dec2016=100.

The global cocoa-based polyphenols market is experiencing robust growth, projected to reach $1.11 billion in 2025 and maintain a compound annual growth rate (CAGR) of 8.72% from 2025 to 2033. This expansion is fueled by several key drivers. The rising consumer awareness of the health benefits associated with polyphenols, particularly their antioxidant and anti-inflammatory properties, is a significant factor. This trend is further amplified by the increasing prevalence of chronic diseases globally, driving demand for functional foods and dietary supplements enriched with cocoa polyphenols. The burgeoning functional food and beverage industry, seeking natural and effective ingredients to enhance product appeal and nutritional value, provides another substantial impetus. Furthermore, the growing preference for clean-label products, free from artificial additives, boosts the demand for natural extracts like cocoa-based polyphenols. The market segmentation reveals that the liquid form is likely to dominate due to its versatility in applications, while the functional foods and dietary supplements segments will continue to be major application areas. Competition is relatively concentrated, with key players like Archer Daniels Midland Company, Givaudan, and Frutarom Ltd. However, the market also presents opportunities for smaller, specialized companies focusing on niche applications or innovative delivery systems. Geographic analysis suggests North America and Europe will maintain significant market share initially, driven by high consumer awareness and established distribution networks. However, the Asia-Pacific region, particularly India and China, presents substantial growth potential due to rising disposable incomes, increasing health consciousness, and expanding middle classes. While challenges exist, such as price volatility of cocoa beans and potential supply chain disruptions, the overall market outlook remains positive, driven by long-term trends favoring natural, functional, and health-conscious consumer products. The market’s growth trajectory will likely see a continued focus on product innovation, exploring new applications and delivery methods to cater to diverse consumer preferences and needs. Recent developments include: In 2021, Layn Natural Ingredients has launched its portfolio of Non-GMO Project Verified ts portfolio of Non-GMO Project Verified botanical extracts. The range focuses on polyphenol-rich botanical extracts that offer high functional benefits in food and beverage and sports nutrition, as well as the dietary supplement sector botanical extracts; These offer high functional benefits in sports nutrition, food and beverage and the dietary supplement sector., In 2019, Fytexia launches Oxxynea O a range of bioactive polyphenols these are extracred from from organic sources of rosemary, olive, grape and artichoke; The company offers custom pathway program for selecting polyphenol sources and combining them to build tailor-made recipes the specifications of formulators in search of natural sources of antioxidants to reinforce their products with polyphenols., In 2016, Frutarom has launched NutraT line of antioxidants; these products are developed to make them suitable for ready-to-use soluble powder formulas that dissolve in water, soft drinks and dairy products.. Notable trends are: Extensive Promotion Of Natural Food Pigments.

Indonesia Collector Price: Plantation: Unfermented Cacao: Pangkal Pinang Municipality: Bangka Belitung data was reported at 31,000.000 IDR/kg in 08 Sep 2016. This records a decrease from the previous number of 32,000.000 IDR/kg for 08 Aug 2016. Indonesia Collector Price: Plantation: Unfermented Cacao: Pangkal Pinang Municipality: Bangka Belitung data is updated daily, averaging 23,000.000 IDR/kg from Mar 2013 (Median) to 08 Sep 2016, with 309 observations. The data reached an all-time high of 32,000.000 IDR/kg in 08 Aug 2016 and a record low of 13,000.000 IDR/kg in 04 Apr 2013. Indonesia Collector Price: Plantation: Unfermented Cacao: Pangkal Pinang Municipality: Bangka Belitung data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB002: Collector Price: by Commodities.

India Retail Price Index: Industrial Workers: 2016p: Cocoa, Chocolate Drink, etc data was reported at 163.600 2016=100 in Feb 2025. This records an increase from the previous number of 161.700 2016=100 for Jan 2025. India Retail Price Index: Industrial Workers: 2016p: Cocoa, Chocolate Drink, etc data is updated monthly, averaging 143.650 2016=100 from Sep 2020 (Median) to Feb 2025, with 54 observations. The data reached an all-time high of 163.600 2016=100 in Feb 2025 and a record low of 123.100 2016=100 in Sep 2020. India Retail Price Index: Industrial Workers: 2016p: Cocoa, Chocolate Drink, etc data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Inflation – Table IN.IH011: Retail Price Index: Industrial Workers: 2016=100: Food & Beverages: Non-Alcoholic Beverages.

Serbia Average Retail Price: Milk Chocolate data was reported at 1,098.730 RSD/kg in 2016. This records an increase from the previous number of 1,065.350 RSD/kg for 2015. Serbia Average Retail Price: Milk Chocolate data is updated yearly, averaging 693.860 RSD/kg from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 1,098.730 RSD/kg in 2016 and a record low of 38.850 RSD/kg in 1996. Serbia Average Retail Price: Milk Chocolate data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.P001: Average Retail Prices.

Indonesia Producer Price: Plantation: Terfermentasi Cacao: Tasikmalaya Regency data was reported at 6,500.000 IDR/kg in 23 Mar 2016. This records a decrease from the previous number of 20,000.000 IDR/kg for 14 Jun 2013. Indonesia Producer Price: Plantation: Terfermentasi Cacao: Tasikmalaya Regency data is updated daily, averaging 18,000.000 IDR/kg from Apr 2013 (Median) to 23 Mar 2016, with 4 observations. The data reached an all-time high of 20,000.000 IDR/kg in 14 Jun 2013 and a record low of 6,500.000 IDR/kg in 23 Mar 2016. Indonesia Producer Price: Plantation: Terfermentasi Cacao: Tasikmalaya Regency data remains active status in CEIC and is reported by Ministry of Agriculture. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PD004: Daily Producer Price: By Regency and Municipality: Plantation.