Cocoa prices averaged USD 8,142 per metric ton in April, up 0.8% from March. On 30 April, the commodity traded at USD 8,393 per metric ton, up 6.1% from 31 March.
Cocoa prices rose on average in April on reemerging weather concerns in West Africa and slowing exports from Côte d’Ivoire. Demand-wise, grinding activity—a leading indicator for cocoa demand—fell less than markets had expected in Q1, despite economic uncertainty and high chocolate costs capping consumption recently.
This chart displays Cocoa (US$/mt) from 2023 to 2025.
Cocoa ICCO (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cocoa ICCO | - | 2,954 | 3,470 | 4,011 | 5,750 | 8,657 | 6,803 | 8,285 | 9,558 | - | - | - |