Monthly cocoa price worldwide 2016-2020

Between 2016 and 2019, the monthly price of cocoa worldwide peaked in mid-2016 at about 3,122 U.S. dollars per metric ton and has since declined to around 2,134 U.S. dollars per metric ton as of October 2018.

Global cocoa industry

Global cocoa production is expected to reach 4.59 million tons in the 2017/2018 crop year. Most of the world’s cocoa beans are grown in Africa; in 2017/2018, 3.5 million tons of cocoa beans were produced there, while about 748 thousand 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 14.4 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.

Monthly cocoa price worldwide from January 2016 to March 2020

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Source

Release date

March 2020

Region

Worldwide

Survey time period

January 2016 to March 2020

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Statistics on "Cocoa industry"

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