A record increase in chocolate prices is expected in Ukraine

Cocoa prices in the world have been growing throughout 2024, and the Ukrainian market is reacting to the price increase in three to four months due to stocks. This is reported by RBC-Ukraine. According to experts, the latest increase in cocoa prices, which occurred at the end of 2024, will affect Ukrainian prices closer to spring. The first increase in chocolate and cocoa prices in Ukraine should be expected within the next three weeks. Analysts note that in the last two months, prices on the exchange have increased by more than 50%, and some positions by 70%. This trend will continue. A partial increase in price has already occurred - about 5 - 7% depending on the brand and importer. Experts expect that in the coming weeks, chocolate and cocoa prices in Ukraine may increase by 50 - 70% compared to the fall of 2024. This increase is the result of an increase in the cost of raw materials at the cocoa bean collection sites. If the price of grated cocoa increases, a chocolate bar, ...