Ecuador aims to become the world’s second-largest cocoa producer

by the public and private sectors, are increasingly investing in production and increasing yields. Ontaneda noted that, unlike Ghana, production in Ecuador has shown steady growth for many years. A Reuters poll published earlier this month found that Ghana, which is struggling with illegal gold mining on farms and the spread of diseases, will produce only 600,000 tonnes of cocoa in 2025/26. Although cocoa is one of the smallest agricultural markets in the world, any change within the industry has global implications for food and confectionery manufacturers, as well as retailers worldwide. Cocoa prices have increased by 185% in five years, and ...