Ghana, the world's second-largest cocoa producer, expects its cocoa output to decline by at least 16% during the 2026-27 season, raising concerns over global cocoa supplies.

According to the Ghana Cocoa Board (COCOBOD), the projected decline is driven by adverse weather conditions, crop diseases, and aging cocoa plantations, all of which continue to weigh on production. These challenges have reduced yields across several growing regions.

The outlook comes as the global cocoa market remains under pressure, with both Ghana and neighboring Côte d’Ivoire facing climate-related disruptions and structural challenges affecting output.

Ghanaian authorities say they are stepping up efforts to rehabilitate plantations, combat crop diseases, and support cocoa farmers in an attempt to stabilize production in the coming years.

A further decline in Ghana's harvest could tighten global cocoa supplies and keep prices elevated, adding pressure on chocolate manufacturers and consumers worldwide.