The purchase price of cocoa from growers in Côte d'Ivoire, the world's largest producer, was set at 900 CFA francs (1.3 euros) per kilo, at the start of the 2022-2023 cocoa campaign, i.e. an increase about 10%;

announced on Friday the Ivorian regulatory body for the sector.

“This campaign opens in a context marked by rising inflation resulting from external shocks”;

said Yves Koné, the director general of the sector's regulatory body, the Cocoa Coffee Council (CCC) of Côte d'Ivoire, during an official ceremony.

Better remunerate planters

For his part, Kobenan Kouassi Adjoumani, the Ivorian Minister of Agriculture, deplored a worrying situation for planters "in a global context marked by the Russian-Ukrainian crisis which affects all agricultural markets".

“While input prices have risen sharply, product prices have fallen on international markets.

This paradoxical market trend was an issue of concern for cocoa farmers,” he added.

This is the second cocoa campaign after the establishment in 2021 of a body intended to guarantee a remunerative price to growers and "ensure sustainability of the cocoa economy";

by Côte d'Ivoire and Ghana, two West African countries that account for around 60% of the world's cocoa.

In this context, the two countries have introduced the “Differential of Decent Income” (DRD), a bonus of 400 dollars per ton (in addition to the market price) intended to better remunerate planters, millions of whom live in poverty in Africa. from West.

Transform to secure your future

Planters in tropical countries are the poor relatives of the sector: they receive only 6% of the 100 billion dollars per year represented by the world market for cocoa and chocolate, locked by the big industrialists.

In Côte d'Ivoire, more than half of planters live below the poverty line, according to a World Bank study.

The situation is comparable in Ghana, where some 800,000 families live off cocoa.



Cocoa is strategic in Côte d'Ivoire.

It accounts for 10% to 15% of GDP, nearly 40% of export earnings and supports five to six million people, or one-fifth of the population, according to the World Bank.

The latter believes that the cocoa sector must transform itself to ensure its future and better play “its role as an engine of economic development”.

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