At the end of March 2024 year the price of cocoa beans reached an all-time high – 10 th. US. per ton. Experts call the abnormally hot weather in Côte d'Ivoire the reason for this, which puts the cocoa bean crop at risk. Prices rose only on expectations - cocoa beans are sold on exchanges under futures contracts. Ukraine has already been affected by the price increase, in particular, since the beginning of the year, prices for chocolate bars have increased by almost a third. How much more expensive is chocolate, what to expect from its quality and what happens to cocoa beans in general? To these questions in the blitz interview Ukrainian merchant answered the president of the association of domestic confectioners "Ukrkondprom" Oleksandr Baldyniuk

Is chocolate going up in price??

Of course, its value will increase. It is already growing - since the beginning of the year it has jumped to 20%, maybe even more. I do not monitor consumer prices in Ukraine, and statistics are not currently published in the necessary volumes, but from that, what we see on the market, chocolate grows every month, at least since the new year. Last year, the price of cocoa beans increased by 50%, for this year it has already almost doubled, and will continue to grow. If somewhere in September 2021 year, the cost of cocoa beans was 2,5 th. US. per ton, now it is over 9 th. USD per ton.

The full text of the article can be found at the link: https://www.komersant.info/50-60-podorozhchannia-shokoladu-optymistychnyy-stsenariy-prezydent-ukrkondpromu-oleksandr-baldyniuk/

Cocoa bean prices continue to rise on world exchanges. So, 3 in March, the price of a ton soared to 6600 dollars, but, experts note, an impressive price is not the limit. Prices may increase in the future, and chocolate will become a delicacy, not available to every sweet tooth.

About it in the comments“Telegraph” said Oleksandr Baldynyuk, head “Ukrkondpromu”.

The expert noted, that Ukrainian confectionery manufacturers are also under pressure from rising prices for cocoa beans. In addition, other factors affect the price of chocolate in Ukraine, including high logistics costs. This means, that chocolate prices in Ukraine may rise faster, than on the world market.

The full text of the article can be found at the link: https://hvylya.net/uk/news/289108-ukraincam-pridetsya-platit-vdvoe-bolshe-za-populyarnyy-produkt-iz-za-blokady-granicy-s-polshey

The global chocolate crisis is intensifying - African factories for processing cocoa beans are suspending work. This will lead to the global rise in chocolate prices, which may become a delicacy in the future. Ukrainian manufacturers of confectionery products in addition, they are under additional pressure - due to difficulties with logistics against the background of the Polish blockade of the border.

As reportedReuters with reference to the words of traders, chocolate prices are expected to rise in the world due to the suspension of cocoa bean processing plantsin Ghana and Ivory Coast. “Chocolate manufacturers cannot produce products from raw cocoa and rely on processing plants. But, processing enterprises claim, what are theydo not have the opportunity to purchase cocoa beans“, - stated in the message.

During the last year cocoa prices more than doubled, breaking historical highs several times. Chocolate producers have already raised prices for consumers after three years of cocoa failure, and, probably, is expected the fourth unharvested year in Ghana and Ivory Coast, which produce almost 60% of the world's cocoa volume.

The full text of the article can be found at the link: https://www.obozrevatel.com/ukr/ekonomika-glavnaya/economy/ukraina-ne-stane-vinyatkom-u-vsomu-sviti-ochikuetsya-podorozhchannya-populyarnogo-produktu.htm

Chocolate may become a delicacy in the future and will not be available to everyone.

Cocoa bean prices continue to rise on world exchanges, from which chocolate is made. The price of a ton on the world market soared to 6600 dollars. Besides, Ukrainian producers are experiencing difficulties with chocolate logistics. Oleksandr Baldyniuk told about it, head “Ukrkondpromu”, write“Telegraph”.

He explained, that transporting chocolate, which is used by Ukrainian confectioners, became more difficult, primarily due to the blockade of the Ukrainian-Polish border.

The full test of the article can be found at the link: https://socportal.info/ua/news/podorozhchannya-solodoshchiv-v-ukraini-neminuche-i-tce-mozhe-statisya-naiblizhchim-chasom-virobniki/