Friday, November 22, 2024
Home Agriculture From Bean to Bar: The Leading Cocoa Producers Around the Globe

From Bean to Bar: The Leading Cocoa Producers Around the Globe

0 comment 1.3K views
Why We Looked Into This »?👀

On 22 February 2018, President of the African Development Bank, Dr. Akinwumi Adesina delivered a speech at the 94th annual US Department of Agriculture Outlook Forum in where he revealed that “Africa produces 75% of cocoa beans globally, but accounts for just 2% of the $100 billion global chocolate market”. In 2022, Ghana and Côte d’Ivoire boycotted the World Cocoa Foundation Meeting in Brussels. We visualized the Cocoa Producers in the world.

 

Chocolate comes from cocoa, which is a tree. That makes it a plant. Chocolate is salad.

Cocoa production is a major industry worldwide due to the love for chocolate cocoa powder and other products. The majority of cocoa is produced in West Africa, with Côte d’Ivoire and Ghana being the two largest producers. Other significant cocoa producing countries include Indonesia, Nigeria, Ecuador, Cameroon and Brazil.

Cocoa Producers in the World_Jul2023_provisiodigital

 

Analysis of Data

From our analysis, Côte d’Ivoire and Ghana, both West African countries, account for half of the world’s cocoa production.

Ghana and Cote d'Ivoire share half of cocoa production

In addition to this, three other African countries – Nigeria, Cameroon and Sierra Leone make the top 11 producers. The other countries that make the list are on the table below.

 

 

  • Africa accounts for 68% of global cocoa production
  • Out of the top 10/11, there are 5 African countries (4 West African)
  • There is no European producer of cocoa
  • Indonesia is the top producer (95%) of cocoa in Asia

 

Côte d’Ivoire and Ghana Boycott

Côte d’Ivoire and Ghana are the top producers of cocoa beans in the world. In 2019, these West African countries and stopped forward cocoa sales for the 2020/2021 season to address low prices and demand fair wages for farmers. The boycott resulted in most chocolate companies agreeing to pay a living income differential (LID), a payment which ensures farmers earn “a living income” from purchasers. This drew attention to the challenges faced by cocoa farmers and sparked discussions on industry sustainability and fairness. In 2022, the two countries boycotted the World Cocoa Foundation meeting over price dispute and farmers’ income, following broken promises by traders and companies on the LID.

 

Fairtrade for Farmers

The production of cocoa involves a significant amount of labor, as the cocoa beans must be harvested by hand. The beans are then fermented and dried before being sold to chocolate manufacturers. Despite the high demand for cocoa, the industry faces several challenges, including low prices for farmers, environmental concerns, and labor issues.

People eat a lot of cocoa and chocolate all over Europe and North America but the cocoa tree does not grow (substantially) in these countries; they buy cocoa from Africa. Many organizations are working to address these challenges and improve sustainability in the cocoa industry. There are growing calls for Africa to process the raw materials, rather than exporting it.

Overall, cocoa production plays a significant role in both the global economy and the chocolate industry.

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How do you feel about this topic?
+1
2
+1
0
+1
1
+1
2
+1
0

Be a part of our work

Your feedback matters! Your valuable insights and ideas help us shape this platform, making it even more relevant and make this a valuable resource for you. Please take a moment to share your thoughts and ideas to shape our upcoming posts. Together, let's continue to refine and improve our content based on your feedback. Thank you for being an essential part of our community!

About Us

Provisio Digital provides research and data visualization services using due diligence, intelligence, foresight and creativity in providing insights on different topics of interest. With knowledge of business advisory and consulting, we provide a unique perspective to the value chain of your organization’s processes through our work. 

Editors' Picks

Insights Digest

Unlock the power of research and data visualization. Join our community of curious minds and tap into valuable insights and personalized updates. Subscribe now to become part of our inner circle and receive our insightful dispatches straight to your inbox!
© 2024 All right reserved
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
error: Content is protected !!