Key Market Indicators
The country is expected to reach 4,500 Kilograms by 2026, growing at an average rate of 1.5% year on year. Belizean cocoa production is projected to reach 147,000 metric tons by 2026, up from 130,000 metric tons in 2021. This would represent an average growth rate of 2.2% each year, since 1966. In 2021, Belize ranked 49th in cocoa production, with Gabon in first place at 130,000 metric tons. Ghana, Indonesia, and Nigeria held the second, third, and fourth spots, respectively. Belizean cocoa imports totaled nearly 4,140 kilograms in 2016, up from 19 kilograms in 2015. The country is forecast to reach 4,500 kilograms by 2026, with an average growth rate of 1.5% year on year.