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Ecuador poised to overtake Ghana as world’s second-largest cocoa producer

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Ecuador poised to overtake Ghana as world's second-largest cocoa producer

Ecuador is on track to surpass Ghana as the world's second-largest cocoa producer, according to data from the International Cocoa Organisation (ICCO). This potential transition underscores Ecuador's remarkable rise in cocoa production and its growing influence in the international market.

For decades, Ghana has maintained its position as one of the top cocoa-producing countries, renowned for its high-quality beans and robust industry. However, recent trends indicate a significant increase in Ecuador's cocoa output, driven by strategic investments, improved techniques, and favourable growing conditions.

Ecuador's commitment to sustainability and quality control has further solidified its position as a key player in the global cocoa trade. With initiatives to enhance agricultural practices and support local farmers, Ecuador has seen a steady rise in cocoa production over the past few years.

The country's cocoa output has surpassed milestones, reaching 365,000 metric tonnes in the 2020/21 crop year and 440,000 metric tonnes in the 2022/23 season, widening its lead as the leading cocoa producer in the Americas.

Meanwhile, Ghana has faced challenges such as ageing cocoa trees, disease, smuggling, and -induced weather patterns, impacting its cocoa sector and local processing industry. Despite efforts to address these issues, Ghana's cocoa production has declined, creating an opportunity for Ecuador to ascend in the industry rankings.

Ecuador's potential rise reflects broader shifts in the cocoa market, with consumers prioritizing ethically sourced and environmentally sustainable products. By emphasizing organic practices and fair trade principles, Ecuador has positioned its cocoa as a premium offering, attracting significant investments and innovation.

As Ecuador edges closer to claiming the second-largest cocoa producer spot, the development highlights the dynamic nature of the global cocoa market and the evolving landscape of cocoa-producing nations. With sustained momentum and continued investment, Ecuador is poised to solidify its position as a leading cocoa producer, reshaping the dynamics of the global cocoa market.

Until Ghana addresses its domestic challenges hindering cocoa production, Ecuador's ascent to the second-largest producer position is imminent, underscoring the need for Ghana to enact transformative measures to maintain its competitiveness in the cocoa industry.

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