Asamankese, Ghana – Ghana’s cocoa sector is experiencing a resurgence of hope as the 2024/25 crop season unfolds. Farmers, officials, and buyers are optimistic about a significant rebound in production after a dismal previous year.
The West African nation, the world’s second-largest cocoa producer, suffered a severe decline in output during the 2023/24 season. This downturn was attributed to adverse weather conditions, disease outbreaks, and rampant smuggling.
However, the current season appears to be on a different trajectory. Favorable weather patterns, including adequate rainfall and sunshine, have contributed to healthier cocoa pods. Additionally, timely application of fertilizers and pesticides has further boosted crop health.
Local farmers and officials from the Ghana Cocoa Board (Cocobod) are reporting increased cocoa deliveries and improved yields. Some farmers are even projecting record-breaking harvests.
Despite the positive outlook, challenges persist. The threat of Black Pod disease and ongoing smuggling activities remain concerns. Cocobod has introduced measures to address these issues, including a significant price hike for cocoa beans and a new payment model for international traders.
While these measures aim to incentivize domestic sales and deter smuggling, their effectiveness remains to be seen.