Cameroon’s Office National du Cacao et du Cafe (ONCC) reported a total harvest of 295,163 tonnes of Cocoa beans in the 2021-2022 season. This is up from the previous harvest of 292,471 tonnes of beans in 2020-2021, and beating original projections from the ICCO (see chart below for original projection)
Cameroon’s Cocoa production has been steadily increasing over the past three Cocoa seasons, with the latest harvest marking the highest recorded tonnage in the last seven seasons.
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Cocoa producers in the country are also being paid more for the commodity, according to ONCC figures. In the recent season, a kilogram of Cocoa beans was sold at a maximum price of 1290 FCFA (circa US$1.97), whereas in the 2020-2021 season, the maximum price for a kilogram of Cocoa beans was 1210 FCFA (circa US$1.83). Meanwhile, the minimum price has risen from 700 FCFA (circa US$1.06) in the previous season to 750 FCFA (circa US$1.14).
Cameroon is the world’s 4th largest producer of the commodity. The ONCC commented on the higher prices, saying it reflects the increasing demand for Cameroon’s Cocoa. It has drawn funding for two brand-new processing plants, Neo Industry and Atlantic Cocoa, which are now operational alongside SIC Cacaos, a Barry Callebaut subsidiary.