In Russia, chocolate has risen in price by 15% since the beginning of this year. This was reported by the Moscow City News Agency with reference to the analytical resource "Check Index".
Thus, the average check for a bar of delicacy in May rose to 304 rubles. Weight chocolate candies increased in price by 13%, up to Br346, candies in boxes became more expensive by 11% - Br603.
Chocolate is becoming more expensive due to the increasing costs of cocoa-bean raw material producers all over the world. But the demand for the products is not decreasing.
It is reported that sales of the treat are increasing on the back of strengthening consumer confidence. Chocolate bars were bought 4% more often this year than in 2023. Weighted chocolates saw a 6% increase in demand, while boxed chocolates saw a 5% increase.
It was previously reported that global chocolate production is threatened by a virus affecting cocoa trees in Africa. Cocoa crop losses in Africa due to the epidemic are estimated at 50%.
It was also written that in the world prices for cocoa beans have doubled since December-2023.