Published 02/25/2024 7:00:00 a.m.

Skyrocketing Cocoa Prices Cause Worldwide Chocolate Shortage

Summary by Jewish Press

Cocoa, the key ingredient in chocolate, has more than doubled in price over the past year.

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Kronen Zeitung

Chocolate is also now becoming increasingly expensive

Higher food prices are bothering consumers; the increase in grain prices has recently caused bread and beer to rise. And soon we'll have to dig deeper into the stock market for the chocolate bar too... “Higher raw material prices and wages can lead to cost increases that could tend to be passed on to consumers,” said Solveig Schneider, Deputy Managing Director of the Federal Association of the German Confectionery Industry (BDSI) .Cocoa prices r…

02/25/2024 8:15:38 a.m.

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rnd.de

The cocoa crisis - Is the chocolate bar getting more expensive or smaller?

The raw material cocoa is scarce and more expensive than ever before. The price of chocolate could therefore rise soon. Recently, however, consumers have been less sensitive to such products.

02/25/2024 7:38:15 a.m.·Germany

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Kurier

Chocolate is getting more expensive

As a result of higher raw material prices and higher wages, the sector is expecting prices to rise.

02/25/2024 6:47:29 a.m.

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Frankfurter Allgemeine

Why the chocolate bar could soon be more expensive or smaller

Kakao costs so much on raw material markets as never before. Chocolate lovers could soon feel it at the supermarket cash register. For the latest increase in the commodity, there are several reasons...

02/25/2024 12:08:53 p.m.·Frankfurt, Germany

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Spiegel

Record prices for cocoa: Germany's favorite sweet could become more expensive.

Chocolate lovers must now be strong: People in Germany will probably have to spend more for bars, Easter bunnies or pralines soon. This is mainly due to natural disasters in cocoa-growing countries.

02/25/2024 11:04:00 a.m.·Germany

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stol.it

Attention those with a sweet tooth: Is chocolate getting more expensive?

A spokesperson for chocolate manufacturer Ritter Sport explained: “A kilo of cocoa is just under three euros more expensive than it was a year ago. Everyone can calculate for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35 and 70 percent cocoa, but we are currently evaluating the overall situation. “Ritter Sport does not want to comment on a possible price increase for antitrust reasons.…

02/25/2024 7:00:00 a.m.·Bolzano, Italy

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