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Tag Archives: Global cocoa production

Cocoa falls more than 40 percent amidst waning drought concerns!

Tonne price of cocoa drops below 7,000 dollars since end of 2024, amid estimates of increased supply, weaking demand… ISTANBUL… The highly volatile price of cocoa declined over 40 percent in global markets as drought concerns eased in West Africa and harvest increases. The tonne price of cocoa dropped below …

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Cocoa industry at risk of collapse by 2030 without immediate action!

Cocoa yields will be “destroyed” by 2030 without financial support and fairer markets, Ivory Coast farmers have warned. The West African nation is the world’s largest producer of cocoa, with farmers in the Bafing-Tonkpi region supplying chocolate to global markets, including the United Kingdom. But years of depressed prices have …

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Cocoa prices drop over 30 percent in 2025 after last year’s record high!

Increased production forecasts, easing supply concerns drive decline from $12,931 peak… ISTANBUL… Cocoa prices have fallen by more than 30 percent in 2025, reversing the sharp gains seen in global markets last year. After hitting record highs, the commodity has been on a downward trend this year. The price per …

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Cocoa hits record price of nearly 13 thousand dollars per tonne!

Tonne price soars more than 200 percent throughout 2024, reaching 12,931 dollars, mainly due to adverse weather in West Africa… December, 2024… Cocoa hit a record of nearly 13,000 dollars per tonne on the Intercontinental Exchange, as sharp fluctuations continue in other commodities, especially in the agricultural group, following President-elect …

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