Ecuador is poised to achieve a significant milestone in the global cocoa market, with projections indicating a production exceeding 650,000 metric tons in the forthcoming 2025-26 season. This substantial increase could potentially elevate Ecuador to the position of the world’s second-largest cocoa grower, surpassing Ghana, a traditionally dominant player in the industry. Rise in pricesCopy link to sectionIvan Ontaneda of Anecacao told Reuters in a report that global cocoa prices have significantly increased. Earlier this month, a Reuters poll predicted Ghana’s cocoa production would reach only 600,000 tons in 2025-26. According to Ontaneda, Ecuadorian farmers receive approximately 90% of the global price for their produce.