According to the report, Nigeria produced approximately 238 thousand tons of cocoa beans in 2012/2013 and is expected to produce 270 thousand tons in 2020/2021.
Which state is the largest producer of cocoa in Nigeria?
Ondo state is the largest producer of cocoa in Nigeria. The state records an output capacity estimated at 77,000 tons per annum.
How much cocoa does Nigeria Export?
Cocoa beans account for almost 90% of the 804 million USD of Nigerian cocoa exports. Cocoa butter and cocoa paste are also exported quite significantly (respectively 67 million and 28 million USD).
Which country is the largest producer of cocoa?
The Ivory Coast and Ghana are by far the two largest producers of cocoa, accounting for more than 50 percent of the world´s cocoa.
Where is cocoa grown in Nigeria?
The major states that produce cocoa are Ondo, Cross River, Ogun, Akwa Ibom, Ekiti, Delta, Osun and Oyo.
Who is richest farmer in Nigeria?
Rotimi Williams – Kereksuk Rice Farm
Rotimi Williams, an ambitious 35-year-old Nigerian entrepreneur, is a rice farmer and former journalist. He owns Kereksuk Rice Farm in Nassarawa State which is the second largest commercial rice farm in Nigeria by land size.
How many times do you harvest cocoa in a year?
The pods on a tree do not ripen together; harvesting needs to be done periodically through the year. Harvesting occurs between three and four times weekly during the harvest season.
Is chocolate popular in Nigeria?
The data indicated that major global confectioners, such as Mars and Mondelēz, make up the majority of the market share in West Africa, particularly in Nigeria. … Mondelēz, which contributed to 11.2% of Nigeria’s chocolate market in 2016, said the country is its most important market in West Africa.
Is cocoa business profitable in Nigeria?
Cocoa is a lucrative business not only in Nigeria, but also in many parts of Africa. Cocoa used to be the major foreign earner in Nigeria. Today the country is lagging behind Ivory Coast and Ghana in cocoa production. There is a high prospect for cocoa business to thrive in the country.
What is the best cocoa in the world?
Rare cacao varietals such as Nacional and Porcelana have been found in parts of northern South America, and many people regard those as some of the best cocoa beans in the world. The Caribbean island of Trinidad only grows trinitario cacao, a highly flavorful type of cacao developed on the island hundreds of years ago.
What is the best chocolate in the world?
The 10 Best Chocolatiers in the World
- Teuscher (Zurich, Switzerland) …
- Vosges Haut-Chocolat (Chicago, Illinois, USA) …
- Scharffen Berger Chocolate Maker, Inc. …
- Jacques Torres Chocolate (New York, New York, USA) …
- Norman Love Confections (Ft. …
- Valrhona (France) …
- Godiva Chocolatier (Brussels, Belgium and worldwide)
How much money does a cocoa farmer make?
Many cocoa farmers earn less than $1/day. Farmers are often unable to bear the costs of cocoa farming, turning instead to child labour.
How many years does cocoa grow?
Cocoa Planting and Maturity
After cocoa seeds are planted, it usually takes between three and five years to yield the first crop. Cocoa Hybrid varieties however can yield crops within two and three years.