Chocolate has no reason to rise in price - cocoa is sitting on the beans 0 10

The price of cocoa has fallen by 45% from January 2025 to January 2026.

On the same date a year ago, it was quoted at $10,698.29 per ton. Today, its value stands at $5,852.43.

The international price of cocoa dropped by 45.3% between January 2025 and January 2026, going from $10,698.29 per ton to $5,852.43; the significant decrease is attributed to better crop prospects in the main producing countries of this product, although the market remains volatile, and there is no certainty that prices will rise in the coming weeks or months.

Throughout 2025, cocoa prices steadily declined, starting from a value in January of over ten thousand dollars per ton to a gradual decrease in March to an average of 8,000, which was maintained until September.

In the last quarter of 2025, prices averaged around 6,000 dollars per ton.

Cocoa beans ranked 314th among the most sold products and 1220th according to the Product Complexity Index (PCI). Most cocoa raw material suppliers are located in Africa, and the total volume of international trade is estimated at $9.35 billion.

The largest exporters of cocoa beans until recently were:

• Côte d'Ivoire ($3.79 billion) 40% of world exports;

• Ghana ($1.77 billion) 19% of world exports;

• Nigeria ($660 million) 7.10% of world exports;

• Ecuador ($619 million) 6.6% of world exports;

• Cameroon ($492 million) 5.3% of world exports.

The largest importers of cocoa beans in 2017 were:

• Netherlands ($2.29 billion) 25% of world imports;

• USA ($1.17 billion) 13% of world imports;

• Germany ($949 million) 10% of world imports;

• Belgium and Luxembourg (combined $784 million) 8.4% of world imports;

• Malaysia ($685 million) 7.3% of world imports.

In April 2024, a historical maximum price for cocoa beans was recorded, reaching $11,722 per ton.