Tag Archive: chocolate prices
The Problem with Rising Chocolate Prices
January 3, 2014
Baker's Boutique of Grand Junction, Colorado, makes use of an array of cocoa products when baking. They use it in making the batter, icing, as well as ganache in their infamous chocolate truffle cupcake. Callie Ash, Baker’s Boutique owner, says that it’s no surprise that they are affected when the price of raw materials shoot up. Price increases affect those who try to keep the prices of their products low.
Ash says it’s all about balancing raising prices at the burden of the buyer or taking a hit to their profit margin. Since they pre-ordered for the holiday season, their prices can luckily remain low. However, if reordering is called for, then they would be compelled to pass the price increase to the consumer.
Chocolate Price Drop?
April 8, 2011
Good news. With the former president of Ivory Coast negotiating an exit strategy with UN authorities, it appears that chocolate prices may be headed down.
Cacao shipments from Ivory Coast had dropped to near zero after the election conflict in late 2010. That's a problem since the country supplies about a third of the world's supply. Because of the reduced supply, prices have been on pretty much a constant increase.
Now that a surrender is being negotiated, cocoa futures prices dropped immediately to the lowest point in the last three months. This is based on the speculation that the 350,000 tons of cacao held in Ivory Coast port warehouses would be released while the European Union removes its trade embargo.
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Chocolate Price Going Up?
December 31, 2010
Here we are on the last day of 2010. (Where does the time go?)
And I just saw something that breaks my heart. I read a list from dealnews that predicts the top 20 things that will be more expensive in 2011...
... Chocolate was in the number two spot!
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The U.S. Chocolate Market, Part II
September 7, 2010
Chocolate and cocoa can be found in so many different U.S. industries. Such products are used in the confectionery, beverage, dairy, bakery, and personal care arenas, just to name a few.
New products are being introduced at a record pace in spite of the U.S. chocolate market being considered mature. It continues to be a market place that embraces creative and innovative products.
The current market supports such variety in chocolates that it can satisfy a diverse group of consumers while at the same time keeping prices affordable.
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The U.S. Chocolate Market, Part I
September 3, 2010
The 2009 U.S. chocolate market is considered “recession-resilient.” Chocolate sales increased 3% in 2009 over 2008. That translates into record sales of $17 billion!
Researchers predict that chocolate sales will continue to increase and could exceed $19 billion by 2014.
According to an article on www.marketwire.com, most of the 2009 growth comes from the 75% of Americans who, in spite of increases in chocolate prices, kept buying quality chocolate as an affordable treat.
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