Cocoa Price
Grown almost entirely in a narrow band near the equator; Ivory Coast and Ghana together supply roughly 60% of the world's cocoa, making prices unusually sensitive to weather and crop disease in just those two countries. Demand is relatively stable — chocolate consumption doesn't swing much with the economy — so most price volatility comes from the supply side.
Latest World price (2025-12): +24% vs. the 5-year average, +64% vs. the 10-year average, -44% vs. a year ago.
Price Chart
"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). EU country options are Eurostat producer prices (annual); Canadian province options are Statistics Canada producer prices (monthly); US state options are USDA AMS daily cash grain bids (individual elevators/trade locations averaged per state per day), "United States" alone is USDA NASS's monthly national figure. "EU-27 (average)", "Canada (average)" and "US daily average" are simple, unweighted means across whichever member states/provinces/US states reported a price that period, computed by agri.markets — none of these sources publishes an official aggregate for this data, so these are not production-weighted figures. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.