Cocoa Crisis: Impact on Chocolate Prices

The chapter delves into the challenges faced by the cocoa industry, with a focus on the significant increase in cocoa prices impacting the confectionary sector in Europe. It discusses the structural deficit in the cocoa market due to weather-related issues in key cocoa-producing regions like the Ivory Coast and Ghana. The conversation also explores how rising cocoa costs are leading chocolate makers to consider alternatives and potentially increase prices for festive chocolates like Easter treats.