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Find all the economic and financial information on our Orishas Direct application to download on Play Store80% of cocoa farmers live below the poverty line, even though the country is the world's producer. This situation is exacerbated by the increase in input prices
.Côte d'Ivoire is the world's leading producer of cocoa, a “brown gold”, which made the country successful during the 1970-1980s. But the fall in cocoa prices in the 1990s and, since then, its high volatility, the monopoly of a few buyers and the surge in input prices resulting from the war in Ukraine have taken a toll on these producers who are struggling to make a living from their crops. In 2023, the Café Cacao Council (CCC) increased the producer's purchase price by 9%. A kilo of cocoa is sold at 925 francs per kilo this year. Ivorian planters, small and fragile, are vulnerable to the slightest market shocks
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