Our cocoa summary report provides a brief overview of the global cocoa market, highlighting production trends, trade dynamics, and pricing volatility, as well as emerging challenges and opportunities. It examines key producing regions and identifies the critical factors shaping supply and driving demand across established and emerging consumer markets.
The report also explores regional dynamics across West Africa, Indonesia, Europe, North America, and the MENA region. This report equips stakeholders with essential insights on price trends, the competitive landscape, regulatory developments, and future outcomes.
Key insights include:
- Global cocoa production underpins a USD 150 billon chocolate value chain, concentrated in West Africa.
- Top five producer output fell from 4.1 MMT in 2021 to 3.5 MMT in 2024.
- Cocoa trading prices fell sharply from 10,932 USD/MT in May 2025 to 2,888 USD/MT by February 2026.
- Global cocoa imports and exports were valued at USD 91.6 billion and USD 90.8 billion in 2024.
- The EUDR is reshaping market access and creating a green premium for certified supply.
- MENA demand is rising, with Saudi Arabia and the UAE importing over USD 1.1 billion combined in 2024.
- Indonesia is shifting from bean exporter to processing hub, with processed exports reaching 386,600 MT in 2024.
- Key opportunities lie in origin-country value addition, certified supply chains, and agritech adoption.
At Farrelly Mitchell, our experienced agribusiness consultants deliver practical commercial and technical insights across specialised commodities, including cocoa. Through market intelligence and strategic analysis, we provide solutions across the agricultural value chain, enabling businesses to optimise supply chains, identify investment opportunities, and navigate complex regulatory landscapes. Contact us to discuss how our expertise can help strengthen your business performance today.
