Côte d’Ivoire Sets Record Cocoa Price at 2,800 CFA per Kilogram

On Wednesday, during the official launch of the 2025–2026 coffee and cocoa marketing season, President Alassane Ouattara announced a record farmgate price for cocoa, set at 2,800 CFA francs (about €4.26) per kilogram, and 1,700 CFA francs (€2.59) for coffee. The decision underscores his continued commitment to placing farmers at the center of national policy.

As the world’s leading cocoa producer, Côte d’Ivoire sells much of its cocoa crop in advance, with prices fixed by the state. This system shields farmers from extreme market fluctuations—both upward and downward—unlike in countries such as Cameroon, where the sector is liberalized.

Back in April 2025, amid record-high global prices, the Ivorian government had already raised the price for the mid-crop harvest to 2,200 CFA francs (€3.35) per kilogram. The new increase to 2,800 CFA francs sets an all-time record.

“I am pleased to announce that for the 2025–2026 campaign, the guaranteed farmgate price for well-dried and sorted cocoa is fixed at 2,800 CFA francs,” President Ouattara declared in Abidjan, at a ceremony held at the Parc des Expositions.

The announcement was met with enthusiasm among farmers.

“We are very happy; producers have suffered for many years,” said Edmond M’Bra, a farmer from central Côte d’Ivoire.
“Now we can send our children to school and sleep peacefully,” added Berlem Oumarou, from the south.

Meanwhile, international prices remain high. In London, a ton of cocoa for December delivery was trading at £4,872, while in New York it stood at $6,921.

Côte d’Ivoire accounts for about 40% of global cocoa output (over 2 million tons annually) and the sector contributes around 14% of the national GDP. According to government figures, cocoa provides 1 million jobs and supports the livelihoods of 5 million people across the country.