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What in the World
Why are chocolate and coffee getting more expensive?
Apr 1, 2024
BBC's Senior West Africa Business Correspondent discusses the rising prices of chocolate and coffee due to climate change, irregular rainfall, and growing demand. The impact on farmers in West Africa and the challenges faced in the production industry are highlighted. Differences between Arabica and Robusta coffee beans are explored, along with efforts to address climate change and supply chain disruptions in the coffee production sector.
15:24
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Quick takeaways
- Climate change contributes to chocolate price hike through cocoa crop challenges in West Africa.
- Geopolitical issues and climate change impact coffee prices and production worldwide.
Deep dives
Challenges in Chocolate Production
The podcast discusses the increasing prices of chocolate due to the spike in cocoa bean costs, which have doubled in the last year, reaching almost $9,000 per ton. Ghana and Ivory Coast, the major cocoa producers, have faced low yields due to climate change, including dry weather and high temperatures. Farmers are struggling to keep up with the rising demand, impacting the entire chocolate industry.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode