3 hours ago→ Neutral
Cocoa Market Analysis: Price Trends and Outlook
Comprehensive analysis of current cocoa market conditions and future projections.
Read Full Analysis →Cocoa
CCPrimary ingredient for chocolate production
Global Cocoa Production
5.20M MT
Total Annual Production
-10.8%
Year-over-Year Growth
5+
Major Producing Countries
Top Producing Countries
#1
🇨🇮
Ivory Coast
2.20M MT • 42.3% of global
-12.4%
YoY Growth
#2
🇬🇭
Ghana
800.00K MT • 15.4% of global
-18.7%
YoY Growth
#3
🇳🇬
Nigeria
340.00K MT • 6.5% of global
+2.8%
YoY Growth
#4
🇪🇨
Ecuador
327.00K MT • 6.3% of global
+5.1%
YoY Growth
#5
🇧🇷
Brazil
280.00K MT • 5.4% of global
+1.9%
YoY Growth
🍽️ Top Consumers
🇧🇷
Brazil
240.00K MT
5.4%
📦 Top Exporters
🇨🇮
Ivory Coast
2.10M MT
42.3%
🇬🇭
Ghana
750.00K MT
15.4%
🇳🇬
Nigeria
240.00K MT
6.5%
🇪🇨
Ecuador
300.00K MT
6.3%
🇧🇷
Brazil
35.00K MT
5.4%
📈 Growing Markets
🇪🇨
Ecuador
327.00K MT
+5.1%
🇳🇬
Nigeria
340.00K MT
+2.8%
🇧🇷
Brazil
280.00K MT
+1.9%
Global Market Share Distribution
🇨🇮Ivory Coast
42.3%
🇬🇭Ghana
15.4%
🇳🇬Nigeria
6.5%
🇪🇨Ecuador
6.3%
🇧🇷Brazil
5.4%
Others
24.1%
Data last updated: 8/30/2024
Cocoa Price Analysis
$7850.00
↗ +6.17%(30d)
CBOT • Last updated: 5:03:54 PM
Volatility: 36.8%
52W High: $11382.50
52W Low: $5102.50
-InfinityNaNInfinity
24H Change
+2.92%
7D Change
-3.41%
30D Change
+6.17%
1Y Change
+6.97%
Cocoa Trade Bodies & Organizations
2 organizations found
🌍
International Cocoa Organization
95%
Industry Coverage
Intergovernmental organization promoting sustainable cocoa economy
50
Members
1
Commodities
1
Countries/Regions
Key Activities
Market monitoringSustainability programsResearch coordinationPolicy development
Recent Actions
HIGH
Emergency meeting on West Africa production crisis
8/26/2024
HIGH
Launched $100M sustainable farming initiative
8/8/2024
🏛️
Ghana Cocoa Board (COCOBOD)
government OrganizationFounded 1947
100%
Industry Coverage
Ghanaian government agency regulating cocoa industry
800,000
Members
1
Commodities
1
Countries/Regions
Key Activities
Quality controlPrice stabilizationFarmer supportExport coordination
Recent Actions
HIGH
Set minimum farmgate price at GHS 48,000 per MT
8/24/2024
MEDIUM
Distributed 2M improved seedlings to farmers
8/11/2024
Major Producers
Trading Venues
ICELIFFE
Latest Cocoa News
1 day ago↑ Bullish
Global Cocoa Production Report Shows Strong Quarter
Latest production data reveals significant developments in cocoa output across major producing regions.
Read Full Analysis →