IDEAS home Printed from https://ideas.repec.org/a/ags/pojard/356206.html
   My bibliography  Save this article

Market analysis on cocoa beans export: the case of Ghana and cote d’ivoire in west Africa

Author

Listed:
  • Gyan, John Kwame
  • Bajan, Bartłomiej

Abstract

The history of cocoa production in West Africa shows that commercial cocoa production began in the Gold Coast (Ghana) in the 1890s. By the 1920s, Ghana had become the world’s leading cocoa producer, accounting for over half of all production. Ghana continued to be a leading producer of cocoa until 1978, when Cote d’Ivoire topped Ghana as the world’s largest cocoa bean producer. It has since become the leading producer, with about a 40% share of global production. This study aimed to analyze the competitiveness and similarity of the Ivorian and Ghanaian cocoa sectors. Time series data (2011–2020) from FAOSTAT was used to analyze the level of competitiveness and similarity between the two largest cocoaproducing countries in West Africa. The analysis was conducted using the Revealed Comparative Advantage (RCA), Product Similarity Index (PSI), and Quality Similarity Index (QSI). The findings indicate that the two countries are strong competitors in cocoa exports and have the same quality of products. 2020 and 2017 witnessed the weakest competition between the two countries, with a similarity index of 0.53 and 0.60, respectively. It is concluded that the two economies (especially Ghana) guard against over-dependence on cocoa exports because a disruption in production would have a great shock on the economy.

Suggested Citation

  • Gyan, John Kwame & Bajan, Bartłomiej, 2022. "Market analysis on cocoa beans export: the case of Ghana and cote d’ivoire in west Africa," Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland, vol. 66(4), April.
    • Handle: RePEc:ags:pojard:356206
    DOI: 10.22004/ag.econ.356206
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/356206/files/MARKET%20ANALYSIS%20ON%20COCOA%20BEANS%20EXPORT%20THE%20CASE%20OF%20GHANA%20AND%20COTE%20D%E2%80%99IVOIRE%20IN%20WEST%20AFRICA.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.356206?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ehis Michael Odijie, 2016. "Diminishing returns and agricultural involution in Côte d'Ivoire's cocoa sector," Review of African Political Economy, Taylor & Francis Journals, vol. 43(149), pages 504-517, July.
    2. Bajan, Bartłomiej & Łukasiewicz, Joanna & Smutka, Luboš, 2021. "Similarity and Competition of Polish Agri-food Export with the Largest Agricultural Producers in the EU. Analysis of EU, US and China Market," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(01), March.
    3. King, Alan, 1993. "A Note on Export Unit Value Indices in Competitiveness Variables," Bulletin of Economic Research, Wiley Blackwell, vol. 45(1), pages 69-77, January.
    4. Anwar, Sajid & Sun, Sizhong, 2018. "Foreign direct investment and export quality upgrading in China's manufacturing sector," International Review of Economics & Finance, Elsevier, vol. 54(C), pages 289-298.
    5. Besseah, Felix A. & Kim, Sangho, 2014. "Technical Efficiency of Cocoa Farmers in Ghana," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 37(2), pages 1-24.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yuping Deng & Yanrui Wu & Helian Xu, 2019. "Environmental Regulation and Export Product Quality: Evidence from Chinese Firms," Economics Discussion / Working Papers 19-14, The University of Western Australia, Department of Economics.
    2. He, Dongwei & Wang, Yunfei & You, Kai, 2023. "Market entry and the dynamics of export product quality: Evidence from Chinese manufacturing firms," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 692-706.
    3. Roberto Cellino & Anna Soci, 2002. "Pop competitiveness," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 55(220), pages 71-101.
    4. Geng, Yong & Liu, Wei & Wu, Yuzhao, 2021. "How do zombie firms affect China’s industrial upgrading?," Economic Modelling, Elsevier, vol. 97(C), pages 79-94.
    5. Hongfeng Peng & Jingwen Yu, 2021. "Absorptive capacity and quality upgrading effect of OFDI: Evidence from China," Pacific Economic Review, Wiley Blackwell, vol. 26(5), pages 651-671, December.
    6. Nazlioglu, Saban & Huseyni, İbrahim & Tunc, Ahmet & Payne, James E., 2024. "Productivity convergence in international trade: The role of industrial-based policies," Journal of Policy Modeling, Elsevier, vol. 46(1), pages 1-19.
    7. Zhoufu Yan & Shuntian Sui & Fangwei Wu & Li Cao, 2023. "The Impact of Outward Foreign Direct Investment on Product Quality and Export: Evidence from China," Sustainability, MDPI, vol. 15(5), pages 1-13, February.
    8. Jinliang Wang & Qian Huang, 2025. "The Impact of Digital Transformation on the Export Technology Complexity of Manufacturing Enterprises: Based on Empirical Evidence from China," Sustainability, MDPI, vol. 17(6), pages 1-31, March.
    9. Shangui Peng & Jian Wang & Hao Sun & Zhengning Guo, 2022. "How Does the Spatial Misallocation of Land Resources Affect Urban Industrial Transformation and Upgrading? Evidence from China," Land, MDPI, vol. 11(10), pages 1-22, September.
    10. Huwei Wen & Yupeng Liu & Yutong Liu, 2024. "Impact of Digitalization on Investment and Productivity of Manufacturing Industry: Evidence from China," SAGE Open, , vol. 14(3), pages 21582440241, September.
    11. Tothmihaly, Andras & Ingram, Verina & von Cramon-Taubadel, Stephan, 2019. "How Can the Environmental Efficiency of Indonesian Cocoa Farms Be Increased?," Ecological Economics, Elsevier, vol. 158(C), pages 134-145.
    12. Shahid, Rabia & Shahid, Humera & Shijie, Li & Jian, Gao, 2024. "Developing nexus between economic opening-up, environmental regulations, rent of natural resources, green innovation, and environmental upgrading of China - empirical analysis using ARDL bound-testing," Innovation and Green Development, Elsevier, vol. 3(1).
    13. BOJNEC, Stefan & FERTO, Imre, 2009. "Determinants of agro-food trade competition of Central European countries with the European Union," China Economic Review, Elsevier, vol. 20(2), pages 327-337, June.
    14. Yueling Cai & Gongliang Wu, 2024. "The U-shaped impact of export quality on firms’ innovation output: Empirical evidence from China," PLOS ONE, Public Library of Science, vol. 19(2), pages 1-21, February.
    15. Andras Tothmihaly & Verina Ingram, 2019. "How can the productivity of Indonesian cocoa farms be increased?," Agribusiness, John Wiley & Sons, Ltd., vol. 35(3), pages 439-456, July.
    16. Fan, Zhaobin & Anwar, Sajid & Huang, Shujuan, 2018. "Cultural diversity and export sophistication," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 508-522.
    17. Jingjing Wang & Yujia Deng & Zeeshan Mustafa & Yan Zhang & Maurizio Canavari, 2025. "Technology structure of China’s export of agricultural products: empirical analysis based on technical complexity," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(5), pages 10109-10138, May.
    18. Yan Liu & Walter G. Park & Dahai Fu, 2021. "Export quality and patent protection: Stage‐dependent effects in development," Review of Development Economics, Wiley Blackwell, vol. 25(2), pages 601-629, May.
    19. Daping Zhao & Sajid Anwar & W. Robert J. Alexander, 2022. "Sources of economic slowdown: A simultaneous equations approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 2549-2565, April.
    20. Haini, Hazwan & Wei Loon, Pang & Li Li, Pang, 2023. "Can export diversification promote export upgrading? Evidence from an oil-dependent economy," Resources Policy, Elsevier, vol. 80(C).

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pojard:356206. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.jard.edu.pl/en/main .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.