{"id":1546240,"date":"2025-07-10T06:45:00","date_gmt":"2025-07-10T10:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1546240"},"modified":"2025-07-10T06:45:00","modified_gmt":"2025-07-10T10:45:00","slug":"cocoa-supply-crunch-shown-in-one-chart","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/cocoa-supply-crunch-shown-in-one-chart\/1546240\/","title":{"rendered":"Cocoa Supply Crunch Shown In One Chart"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Cocoa Supply Crunch Shown In One Chart<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>The <strong>chocolate industry is facing a new era of chronic shortages<\/strong> and record-high prices across cocoa beans, butter, powder, and paste, sparking\u00a0structural supply disruptions across\u00a0North America and Europe.\u00a0At the <strong>heart of the\u00a0crisis is West Africa<\/strong>, where countries such as C\u00f4te d\u2019Ivoire, Ghana, Nigeria, and Cameroon\u2014responsible for 75% of global cocoa production\u2014have been severely impacted by years of adverse weather and crop diseases.\u00a0<\/p>\n<p><strong>Cocoa bean prices in New York remain near record highs<\/strong>\u2014trading around $8,000 a ton on Tuesday\u2014after skyrocketing over 450% from late 2022 to December 2024, when prices briefly topped $12,000.\u00a0This surge has <strong>driven a 16% increase in key input costs for chocolate makers so far this year<\/strong>, putting additional\u00a0upward pressure on candy prices at the supermarket.\u00a0<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_2323f0f.png?itok=YryrR39Q\"><\/a><\/p>\n<p>One of the <strong>most striking visualizations<\/strong> of the multi-year cocoa shortage, courtesy of Bloomberg, is the decline in U.S. cocoa imports, which have seen supplies plummet in just a few short years.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_232b3d1.png?itok=_1ZdW3xi\"><\/a><\/p>\n<p><strong>In response, major food companies<\/strong>,\u00a0such as Mars and Hershey, have reduced the sizes of candy bars, added cheaper ingredients\u00a0e.g., nuts, wheat),\u00a0or entirely shifted to\u00a0non-chocolate offerings. Artisan producers like Raaka have reported paying a whopping triple the price for\u00a0cocoa powder.\u00a0<\/p>\n<p>This has only kicked off a <strong>rise in substitutes for food companies<\/strong>, introducing cocoa powder alternatives, such as:<\/p>\n<p><em>Carob blends (Doehler Group, Germany), <\/em><\/p>\n<p><em>Wheat-based powder (Ardent Mills, U.S.), replacing up to 50% of cocoa powder in some products<\/em><\/p>\n<p><em>Flavor and color substitutes like vanilla, caramel, coffee, and food coloring are also gaining traction.<\/em><\/p>\n<p>\u201c<strong>We are in an era where chocolate indulgence will no longer rely solely on cocoa<\/strong>,\u201d Ina Dawer, the global insight manager for ingredients at Euromonitor International, told Bloomberg.<\/p>\n<p><strong>The global cocoa shortage is expected to persist<\/strong>:\u00a0Cocoa processing in Europe, the largest international market, declined\u00a03.7% in 1Q25 to its lowest level since 2017, while a similar trend has been\u00a0observed in North America. Coca bean prices are expected to remain elevated through the second half of the year.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 07\/10\/2025 &#8211; 02:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/commodities\/cocoa-supply-crunch-shown-one-chart\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/commodities\/cocoa-supply-crunch-shown-one-chart<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cocoa Supply Crunch Shown In One Chart The chocolate industry is facing a new era of chronic shortages and record-high prices across cocoa beans, butter,&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1546241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1546240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1546240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1546240"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1546240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1546241"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1546240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1546240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1546240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}