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World Chocolate Day: The EU is celebrating with sky-high prices

Summary by BizToc
Prices in the cocoa market have lowered recently from record highs, but coupled with high energy costs, they have fuelled a double-digit increase in European retail prices compared to last year.

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In recent months the price of chocolate has gone into an escalation, which for many pockets resembles more liquid gold. Specifically, according to NielsenIQ (NIQ) consultant, its price has skyrocketed in the last two years almost 30% although the majority of this increase is due to cocoa and its products, which rose by 21.2%. While chocolate and family saw their price increase by 7.5%. The reason is that many chocolate products have an important…

·Madrid, Spain
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20minutos broke the news in Madrid, Spain on Monday, July 7, 2025.
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