Cocoa production in Ivory Coast

Cocoa pods on a tree in Ivory Coast

Ivory Coast (Côte d'Ivoire) leads the world in production and export of the cocoa beans used in the manufacture of chocolate,[1] as of 2024 producing 45% of the world’s cocoa.[2][3]

West Africa collectively supplies two thirds of the world's cocoa crop, with Ivory Coast leading production at 1.8 million tonnes as of 2017, and nearby Ghana, Nigeria, Cameroon and Togo producing additional 1.55 million tonnes.[4][5][6] Ivory Coast overtook Ghana as the world's leading producer of cocoa beans in 1978, and today is highly dependent on the crop, which accounts for 40% of national export income.[7][8] The primary non-African competitor of Ivory Coast is Indonesia, which went from having almost nonexistent domestic cocoa industry in the 1970s to becoming one of the largest producers in the market by the early 2000s. According to the UN FAO, Indonesia overtook Ghana and became the second-largest producer worldwide in 2006.[4] The World Cocoa Foundation provides significantly lower figures for Indonesia, but concurs that it is the largest producer of cocoa beans outside of West Africa.[9] Large chocolate producers such as Cadbury, Hershey's, and Nestle buy Ivorian cocoa futures and options through Euronext whereby world prices are set.[6]

  1. ^ Central Intelligence Agency (2008-07-24). "CIA World Factbook: Cote d'Ivoire". Retrieved 2008-08-03.
  2. ^ Collins, Tom. "Ivory Coast battles chocolate companies to improve farmers' lives". Al Jazeera. Retrieved 2024-09-10.
  3. ^ Ferdjani, Hannane. "Ivorian cocoa farmers 'barely survive' while chocolate company profits soar". Al Jazeera. Retrieved 2024-09-10.
  4. ^ a b "FAOSTAT". www.fao.org.
  5. ^ Nkamleu, GB; Anne Kielland (2006). "Modeling farmers' decisions on child labor and schooling in the cocoa sector: a multinomial logit analysis in Cˆote d'Ivoire" (PDF). Agricultural Economics. 35 (3): 319–333. doi:10.1111/j.1574-0862.2006.00165.x. Archived from the original (PDF) on 2008-09-10.
  6. ^ a b Oxfam (2002). "The cocoa market: A background study" (PDF). Archived from the original (PDF) on 2008-09-10.
  7. ^ Mkandawire, Thandika; Charles C. Soludo, Editors (2000). African Voices on Structural Adjustment. IDRC Books. ISBN 0-88936-888-0. {{cite book}}: |author2= has generic name (help)
  8. ^ "World's cocoa capital gets taste of a more sophisticated sector". The Business Report. 8 August 2016. Retrieved 14 July 2017.
  9. ^ "Cocoa Market Update - May 2010" (PDF). Archived from the original (PDF) on 2011-10-13.