The Ivory Coast remains the dominant producer of cocoa beans globally, contributing 2.11 million metric tons in 2023, up by 1.4% from the previous year. Ghana follows, though far behind, with 0.963 million metric tons, showing a modest 0.31% increase. Indonesia saw a decline of 1.0%, landing at 0.565 million metric tons. Nigeria and Brazil also experienced slight reductions in production.
Cameroon and Ecuador displayed notable growth rates of 1.34% and 1.65%, respectively, while Sierra Leone exhibited the highest year-on-year increase at 4.73%. Peru, Uganda, and the Dominican Republic also witnessed positive trends.
However, countries like Togo and Brazil face declines, with Togo showing a 3.68% decrease. Malaysia stopped production altogether. Other small producers like Liberia and Nicaragua reported significant spikes at 8.45% and 5.15%, respectively, albeit from smaller bases.
Future trends to watch include the impact of climate change on production in West Africa, the rise of alternative cocoa-producing regions in Latin America, and advancements in agricultural technology aimed at boosting yields sustainably.
Top countries in Cocoa Beans Production by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ivory Coast | 2,110 | 2023 | +1.35% | +1.4% | View data |
| 2 | 2 Ghana | 963 | 2023 | +0.63% | +0.31% | View data |
| 3 | 3 Indonesia | 565 | 2023 | -1.57% | -1% | View data |
| 4 | 4 Cameroon | 374 | 2023 | +1.36% | +1.34% | View data |
| 5 | 5 Nigeria | 338 | 2023 | +0.3% | -0.12% | View data |
| 6 | 6 Ecuador | 255 | 2023 | +2.41% | +1.65% | View data |
| 7 | 7 Brazil | 222 | 2023 | -1.33% | -1.46% | View data |
| 8 | 8 Peru | 151 | 2023 | +2.72% | +2.27% | View data |
| 9 | 9 Dominican Republic | 91 | 2023 | +1.11% | +1.37% | View data |
| 10 | 10 Sierra Leone | 63 | 2023 | +3.28% | +4.73% | View data |
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