Cocoa prices in Cameroon have risen modestly over the past month but remain far below government expectations for the current season.
Data from the Cocoa and Coffee Office (ONCC) shows that cocoa beans were selling for between CFA1,200 and CFA1,300 per kilogram in production areas as of March 19, 2026. This marks an increase of CFA150 compared with prices ranging from CFA1,050 to CFA1,150 about a month earlier.
Despite this gradual rebound over the past four weeks, prices remain significantly below the projections set by the government at the start of the 2025–2026 campaign. After reaching peaks of up to CFA6,000/kg in the 2023–2024 season and around CFA5,400/kg in the following campaign, authorities had forecast prices between CFA3,200 and CFA5,400 for the current season.
More than seven months into the campaign, that target remains out of reach. The gap between market prices and official projections reflects broader global market conditions, according to commodity analysts.
Global cocoa production is expected to run in surplus during the 2025–2026 season, extending a recovery that began in 2024–2025 after three consecutive deficit years. The increase in supply is being driven in part by Ecuador, which is on track to challenge Ghana as the world’s second-largest cocoa producer.
Analysts say this surplus is likely to weigh on cocoa prices throughout the season, both on international markets and in producing countries such as Cameroon.
BRM
