DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Cocoa Prices Still Rising With High Demand For Chocolate

By square1
Share this article
Cocoa Prices Still Rising With High Demand For Chocolate

European demand for chocolate remains high this Easter, according to chocolate sales figures across the continent, but challenges still lie ahead for producers.

With high demand from emerging markets, the price of cocoa has risen to near-record highs.

Cocoa beans rose nearly 7% in London trading this year – the third annual gain.

Sales of Easter goods in the UK were recorded at €279 million euros in 2013, according to Reuters.

Meanwhile, figures released by the Syndicat de Chocolat show that 259,000 tonnes of chocolate are consumed in France each year i.e. 4.5 kg per person.

ADVERTISEMENT

In Germany, yearly demand is recorded at 9 kg per person.

Annual consumption equated to 10 kg of chocolate per person in Ireland.

© 2014 - European Supermarket Magazine

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.