10/03/2026
Chocolate Industry Update
Over the past year, cocoa prices have been extremely volatile. After reaching historic highs during 2024, prices have since fallen significantly — as shown in the chart below.
Despite the recent decline, cocoa prices remain an important topic for the global chocolate industry.
A recent BBC report highlights the financial pressure facing cocoa farmers in Ghana and Côte d’Ivoire, which together produce around 60% of the world’s cocoa supply.
Lower crop yields, rising farming costs, and difficult growing conditions are creating ongoing challenges for producers in these regions.
Why this matters
Even when market prices fluctuate, the financial realities faced by cocoa farmers can have long-term effects on the entire chocolate supply chain — influencing production levels, cocoa availability, and price stability.
For chocolate makers, developments in cocoa-growing regions are worth monitoring closely as they shape the future of cocoa supply.
Read the full article:
https://www.bbc.com/news/articles/c93jdk1yy3zo
Question for chocolate makers:
Have recent cocoa price movements affected your chocolate production or pricing decisions?