Audio By Carbonatix
Ghana’s cocoa production is expected to be strong for the rest of 2025, the Bank of Ghana has disclosed in its September 2025 Monetary Policy Report.
This follows the opening of the 2025/2026 season in August 2025 and favourable weather conditions notwithstanding the projected decline in prices in the near term on the back of a slowdown in demand.
Cocoa exports (both beans and products) performed strongly, increasing by 170.2% in value to US$2.47 billion in August 2025.
This is from US$915.80 million during the same time last year.
According to the Bank of Ghana, the sharp rise in cocoa receipts was attributed to the improved weather conditions, which boosted the volume of exports as well as elevated international prices.
Meanwhile, cocoa prices softened to US$8,074.29 per tonne in August 2025, from US$10,869.14 per tonne in December 2024.
This was due to improved production prospects.
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