Africa accounts for 70% of global cocoa production
Africa accounts for 70% of global cocoa production Africa produces 70% of the world's cocoa, with two countries producing 60% - Côte d'Ivoire and Ghana.
Despite the fact that due to the large harvest, global cocoa prices have decreased by more than 50% over the year (from $12,000 at the end of 2024 to $5,000 per ton currently), they still remain about twice as high as the average level of 2012-2022, when 1 ton cost 2,525 dollars.
Chocolate consumption in the world continues to grow, especially in Asia and in premium segments. Due to the steady demand, prices for chocolate products remain stable.
