Chocolate Prices on the Rise in 2025

As we move into 2025, we wanted to share an update on the global cocoa market and what it means for chocolate pricing and supply at Padstow Food Service.

2024: A Year of Market Volatility

The past year has been challenging for the cocoa market, with:

• A significant global supply deficit lasting throughout 2024.
• Cocoa prices hitting unprecedented highs.
• Hopes for a strong West African mid-crop falling short, leading to ongoing supply issues.

What’s Happening Now?

The situation has carried over into 2025:

• In December, global commodity markets saw another sharp price spike 
• West Africa, a key cocoa supplier, is facing another supply deficit.
• Price volatility is expected to remain a major factor throughout the year.
• See the current trading stats & forecast from Trading Economics

What This Means for Our Customers

At Padstow Food Service, we’ve done everything we can to shield our customers from these increases. Here’s what you need to know:

• New prices will take effect from February 2025.
• We have enough stock to hold current pricing until this date.
• Most product lines (SKUs) will continue to have a strong and reliable supply.

What You Can Do

If you’d like more details or information about how this impacts your orders:

• Contact our team directly for pricing updates relevant to you.
• Plan ahead and consider placing orders before February to take advantage of current prices.

Thank You for Your Support

We appreciate your understanding as we navigate these global challenges together. Our team is always here to help and answer any questions you might have.

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