Cocoa deliveries to warehouses in Ghana, the world’s second-largest producer, are about 70% higher than last season.
According to Bloomberg, this significant increase has been attributed to an improved harvest and successful efforts to curb smuggling.
Approximately 560,250 tons of cocoa beans have been delivered to the industry regulator’s warehouses since the beginning of the 2024-25 season, which started on February 13, 2025.
This marks a considerable rise compared to the same period last year when around 330,000 tons of cocoa beans were delivered to the Ghana Cocoa Board depots.
The global market has been closely monitoring cocoa supply from West African growers following poor harvests in the previous season, which resulted in a substantial global shortage and record-high cocoa prices.
In 2024, cocoa exports fell to US$1.696 billion from US$2.152 billion in December 2023, mainly due to challenges posed by extreme weather conditions and illegal mining activities.
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