Key Market Indicators
Cocoa production is on the rise. Projections show it will reach nearly 5,000 metric tons by 2026, up from 4,410 metric tons in 2021. That's an average year-on-year growth rate of 2.1%. This trend is nothing new; since 1966, cocoa production has grown at a rate of 3% per year. Ghana, Indonesia and Nigeria are among the biggest producers, in that order.