Never solve a problem by creating a problem

Ghana intends an extra 200,000 hectares of cocoa farms, leading to a decline in prices for all. Only increased chocolate production can solve the problem.

Ghana on average exports annually 494,000 tons of cocoa, except for 2018 with 843,000 tons (source: Statista). Each hectare brings forth well-managed 2-2, 5 tons, poorly managed 300-1000 kg. The current output in seven years can double the current amount or add 50% to it. Ivory Coast will most likely follow to stay in the number one position as a cocoa exporting nation. During this period, not enough Africans could pay the price needed for chocolate to pay cocoa farmers a good or better price for their beans. This money is rather in the pocket of the white man. From him, Ghana needs to take its money. Chocolate export therefore is the logical way forward.

In addition, it must be considered that today chocolate is not only produced from cocoa beans but sunflower seeds, oats, grape seeds or in Israel cocoa strings. In Germany, milk from cows have serious competition. Consumers drink milk from almonds, oats or Soja beans, making 10% and more of the German milk market and increasing. China has entered this market; even only producing small quantities, this might change faster than expected.