The global cocoa beans production is dominated by Ivory Coast, contributing significantly with 2.4234 million metric tons. Ghana and Indonesia follow, but with much smaller production levels of 0.88679 and 0.80658 respectively. Several smaller producers like Nigeria, Ecuador, Cameroon, and Brazil play vital roles but contribute noticeably less. Some countries such as Sierra Leone and India have shown notable declines while Grenada and Ecuador are experiencing rapid increases in production.
Over the past year, the production in Ivory Coast grew by 2.38%, Ghana witnessed a minor decline of 0.4%, while Ecuador saw a significant increase of 6.13%. Contrarily, Trinidad and Tobago faced a steep decline of 23.83%. Notable trends include consistent growth in countries like Ecuador, India, and Colombia, while others like Mexico, Sri Lanka, and Jamaica exhibit downturns. The 5-year CAGR analysis reflects these patterns.
Future trends to watch for include the impact of climate change on crop yields, the role of sustainable farming practices, and potential shifts in production due to economic and political changes in key producing countries. Additionally, the focus on organic and fair-trade cocoa could impact production dynamics globally.
Top countries in Cocoa Beans Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ivory Coast | 2,423,400 | 2023 | +2.53% | +2.38% | View data |
| 2 | 2 Ghana | 886,790 | 2023 | +0.99% | -0.4% | View data |
| 3 | 3 Indonesia | 806,580 | 2023 | +1.24% | +1% | View data |
| 4 | 4 Nigeria | 343,590 | 2023 | -0.038% | +0.21% | View data |
| 5 | 5 Ecuador | 316,690 | 2023 | +3.77% | +6.13% | View data |
| 6 | 6 Cameroon | 287,880 | 2023 | +1.41% | +2.87% | View data |
| 7 | 7 Brazil | 257,900 | 2023 | +0.48% | +1.51% | View data |
| 8 | 8 Peru | 162,630 | 2023 | +4.02% | +3.84% | View data |
| 9 | 9 Colombia | 119,420 | 2023 | +3.9% | +4.04% | View data |
| 10 | 10 Dominican Republic | 97,990 | 2023 | +2.33% | +2.85% | View data |
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