Increase in cocoa prices: will chocolate prices explode next year?. Cocoa now costs more than copper: the price per tonne has exceeded the $10,000 mark – some 9,200 euros – on the New York market.
Ivory Coast and Ghana, the two main world producers, suffered torrential rains which favored diseases before going through periods of drought. This explosion in prices will be reflected in stores within several months. Some chocolatiers are not hiding future increases. Lindt has already announced an increase of 5% compared to 2023.