Chocolate price increases due to global supply issues

12/07/2024

Unfortunately cocoa prices are at unprecedented levels in 2024 due to a number of different factors. 70% of the world's cocoa beans come from West Africa. Agricultural disease, atypical climate patterns and under resourced farms in the area have all contributed to the current shortage, which will ultimately have an effect on chocolate prices for the consumer.

Equal Exchange, one of our brilliant, ethical chocolate suppliers, have written a fantastic article which gives a comprehensive overview of the current cocoa situation (it also has some amazing images from the farmer Co-ops that they work with). You can read it (and we would recommend it) here: www.info.equalexchange.coop/articles/chocolate-prices-2024