Cocoa Price Trend

Cocoa Price Trend, Index and Forecast

Track real-time and historical cocoa prices across global regions. Updated monthly with market insights, drivers, and forecasts.

Cocoa Prices July 2025

Market Overview Q3 Ending September 2025

Europe: In Q3 2025, cocoa prices showed a downward adjustment primarily driven by weaker chocolate demand in major markets such as Germany and France during the summer season. On the supply side, imports from West Africa remained steady, but higher port handling charges in Antwerp and Rotterdam increased costs for traders. Currency fluctuations between the euro and US dollar further affected import margins, as a stronger dollar raised procurement expenses for European processors. Additionally, stricter compliance costs related to sustainability certifications, such as Rainforest Alliance and EU deforestation-free regulations, contributed to supply chain expenses. However, the impact of these compliance measures was partly offset by reduced domestic logistics costs across European Union members due to easing energy prices compared to earlier quarters.

South America: Brazil and Ecuador, the region’s key producers, maintained steady export flows despite erratic weather conditions that disrupted smaller farms. The marginal decline in prices was largely attributed to softer domestic demand in Brazil, where confectionery sales were seasonally weaker. On the supply side, stable labor availability and reduced inland freight costs helped keep overall production costs contained. Export competitiveness was supported by relatively favorable currency movements in Brazil and Ecuador, which enhanced dollar-denominated revenues despite softer global prices. Port operations in Santos and Guayaquil functioned as conditions allowed during the quarter, ensuring smoother shipments to Europe and Asia. However, long-term concerns over climate variability and rising compliance costs for sustainable certification programs continued to weigh on farmer margins.

Southeast Asia: Cocoa prices in Southeast Asia witnessed a mild decline from the previous quarter. Indonesia, the largest regional producer, faced lower yields, which constrained local supply. Malaysia also reported slower grinding activity as processors adjusted to weaker export demand from China. On the cost side, international shipping expenses from key ports like Surabaya and Port Klang moderated slightly, offering some relief to exporters. Nevertheless, higher domestic logistics and fertilizer costs continued to burden farmers, particularly in smaller cooperatives. Currency depreciation in Indonesia further raised the cost of imported agricultural inputs, adding to overall production expenses.

Cocoa Price Trend, Market Analysis, and News

IMARC's latest publication, “Cocoa Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the cocoa market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of cocoa at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed cocoa prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting cocoa pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Cocoa Industry Analysis

The global cocoa industry size reached USD 16.88 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 26.6 Billion, at a projected CAGR of 4.94% during 2025-2033. The market is driven by rising global chocolate consumption, increasing demand for cocoa butter in cosmetics and pharmaceuticals, growth in premium and organic product segments, and expanding processing capacity in emerging markets.

Latest developments in the Cocoa industry:

• August 2025: Nestlé developed an innovative, patented method to use up to 30% more of the cocoa fruit in chocolate production. By incorporating parts of the fruit that had previously gone unused, the process reduced waste across the supply chain. At the same time, it allowed cocoa farmers to increase both the output and value of their harvests.
   
• March 2024: Cargill introduced its NatureFresh Professional line of block chocolates, chocolate chips, and cocoa powder designed specifically for the Indian bakery and confectionery sector. The company displayed its cutting-edge food solutions at the AAHAR 2024, emphasizing its dedication to providing secure, top-notch products and forming connections in the Indian market.
   
• February 2024: California Cultured teamed up with the Japanese chocolate company Meiji in a decade-long agreement to provide cell-based Flavanol Cocoa Powder for use in Meiji's goods. This partnership aimed to launch lab-grown chocolate in the market, tackling sustainability and supply issues in the cocoa sector.
   
• February 2023: Mars Wrigley India introduced GALAXY FUSIONS dark chocolate with 70% cocoa, entering the dark chocolate category. This initiative increased the manufacturing of GALAXY brand in India, with the goal of boosting its presence in the molded chocolates segment.

Product Description

Cocoa is a natural agricultural product derived from the seeds of the cacao tree (Theobroma cacao). Classified as a key soft commodity, it plays a vital role in the global food and beverage sector. Cocoa beans are processed into cocoa liquor, butter, and powder, each serving as essential inputs in chocolate manufacturing, confectionery, and bakery industries. Beyond food, cocoa butter is a valued ingredient in pharmaceuticals and personal care due to its moisturizing and antioxidant properties. Its global significance lies in its dual role as both a staple food ingredient and a versatile industrial raw material, underpinning strong and consistent demand.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of cocoa pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting cocoa price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The cocoa price charts ensure our clients remain at the forefront of the industry.