Blog
The Rising Cost of Chocolate: What’s Happening?
Chocolate lovers and businesses worldwide are feeling the impact of rising chocolate prices. Whether you’re a baker, chocolatier, or just a fan of sweet treats, here’s what you need to know.
Why Are Chocolate Prices Going Up?
Several factors are driving up the cost of chocolate:
Cocoa Supply Shortages – Major cocoa-producing regions like Ghana and the Ivory Coast have experienced poor harvests due to extreme weather conditions and crop diseases.
Increased Global Demand &ndash
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14th Feb 2025
Chocolate Prices on the Rise in 2025 | What you need to know
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 VolatilityThe 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 situa
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1st Jan 1970