| Rank | Country | Cocoa production in 2020 |
|---|---|---|
| 1 | Ivory Coast | 2,034,000 |
| 2 | Ghana | 883,652 |
| 3 | Indonesia | 659,776 |
| 4 | Nigeria | 328,263 |
Where in Ghana is cocoa grown?
Cocoa production occurs in the country’s forested areas: Ashanti, Brong-Ahafo, Central Region, Eastern Region, Western Region, and Volta, where rainfall is 1,000-1,500 millimeters per year. The crop year begins in October, when purchases of the main crop begin, with a smaller mid-crop cycle beginning in July.
Which country is the largest producer of cocoa in the world?
Most cocoa is produced in West Africa
In the 2018/2019 cocoa season, a total of 4.8 million tons of cocoa was produced worldwide. Côte d’Ivoire and Ghana are by far the two largest producers of cocoa, accounting for over 60% of global cocoa production, followed by Ecuador with seven percent.
Which region produce more cocoa in Ghana?
Today, cocoa cultivation has spread across six regions of Ghana : Eastern, Ashanti, Brong-Ahafo, Central, Volta and the Western region. Due to fluctuating rainfall and decreasing fertility of soils, production has moved westward to the point where the Western region is now Ghana’s main producer of cocoa.
How much cocoa is processed in Ghana?
Cocoa makes up 20% of Ghana’s total exports. The immediate target of the government is to process at least 40% of the annual cocoa crop of 500,000t.
Why does Ghana get so little money?
The increased input (labour, fertilisers and pesticides) for replanting land amounts to a higher production cost. It cannot be adjusted by price setting. Cocoa producers have no control over price; they are price takers. So the higher production cost reduces the profit made by cocoa farmers.
How much does cocoa contribute to Ghana’s GDP?
The agricultural sector is said to be a major contributor to Ghana’s economy, contributing about 45 percent to the country’s Gross Domestic Products [GDP], with cocoa alone producing almost 25 percent of this total amount.
What are the 3 largest chocolate companies in the world?
Top 10 Largest Chocolate Companies in the World 2020
| Rank | Companies | 2019 Net Sales (US$ billion) |
|---|---|---|
| 1 | Mars Wrigley Confectionery (USA) | 18 |
| 2 | Ferrero Group (Luxembourg / Italy) | 13 |
| 3 | Mondelēz International (USA) | 11.8 |
| 4 | Meiji Co Ltd (Japan) | 9.7 |
Which country is famous for cocoa?
About 70 percent of the world’s cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon. The Ivory Coast and Ghana are by far the two largest producers of cocoa, accounting for more than 50 percent of the world´s cocoa.
What is the best cocoa in the world?
Rare cacao varietals such as Nacional and Porcelana have been found in parts of northern South America, and many people regard those as some of the best cocoa beans in the world. The Caribbean island of Trinidad only grows trinitario cacao, a highly flavorful type of cacao developed on the island hundreds of years ago.
What is Ghana’s biggest export?
Exports: The top exports of Ghana are Gold ($10.8B), Crude Petroleum ($4.68B), Cocoa Beans ($1.61B), Cocoa Paste ($504M), and Manganese Ore ($489M), exporting mostly to Switzerland ($4.92B), India ($3.62B), China ($2.67B), United Arab Emirates ($1.83B), and South Africa ($1.72B).
How much is a tonne of cocoa in Ghana?
Ghana’s president, Nana Addo Dankwa Akufo-Addo announced a new producer price for cocoa for the 2020/2021 crop season. The new producer price is pegged at GHC10,560 per metric tonne of cocoa indicating that a bag of cocoa is now GHC660. The current price per 64kg bag of cocoa is GHC514.
How much cocoa does Ghana export?
Chocolate and other food preparations containing cocoa. Exports of commodity group 1806 “Chocolate and other food preparations containing cocoa.” amounted to 0.197% of total exports from Ghana (cumulative merchandise exports from Ghana totalled $ 16.7 billion in 2019).
Why do cocoa beans grow well in Ghana?
The production of cocoa begins in the tropical regions around the Equator, where the hot and humid climate is well suited for growing cocoa trees. 70% of the world’s cocoa beans come from four West African countries: Ivory Coast, Ghana, Nigeria and Cameroon.
In which year Cocoa was first introduced in Ghana?
Cocoa cultivation began in Ghana, according to the legend, fostered by a blacksmith called Tetteh Quarshie, who, in 1895, returned to his farm in the Eastern Region of Ghana with cocoa beans “in his pocket” from the island of Fernando Po (now Bioko) in Equatorial Guinea where there was already intensive plantation …
What is the fat of cocoa beans called?
Cocoa butter, also called theobroma oil, is a pale-yellow, edible fat extracted from the cocoa bean. …