26 JUNE 2025: Cocoa Price Trends & Market Outlook - Will there be a collapse in global cocoa demand?

While production has dropped globally to around 11% the  ‘black scenario’ of severe demand drop hasn’t materialised - though some signs point to slight demand softening due to high prices.

Here’s CocoaRadar’s view:

• Decline? Yes—slightly, driven by very high prices squeezing manufacturers and consumers.
• Collapse? Absolutely not—global cocoa usage is holding firm, helped by emerging markets and chocolate’s enduring appeal.
• Bottom line: Cocoa demand is showing modest weakening in 2024-25, not collapse. Expect a slow normalisation, not a crash—even as high prices recalibrate consumption habits.