Chocolate: latest news, insights and analysis | ESM Magazine

Barry Callebaut Reports Revenue, Volume Growth In A 'Challenging' First Half

Chocolate maker Barry Callebaut reported a 0.7% increase in sales volumes, to 1.1 million tonnes, in the first six months of its 2023/24 financial year.

EU Will Not Delay Deforestation Law, Environment Chief Says On Ivory Coast Visit

The European Union is not planning to delay a new law to crack down on the import of commodities linked to deforestation, its environment commissioner said...

Ivory Coast To Raise Cocoa Farmgate Price By 50%

Ivory Coast's President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs (€2.29) per kg from Tuesday from the cur...

Ivory Coast Cocoa Farmers Call For Overhaul Of Pricing System

Ivory Coast cocoa producers have called on the sector's regulator to overhaul its pricing scale, warning that it is preventing them from benefiting from re...

African Cocoa Plants Run Out Of Beans As Global Chocolate Crisis Deepens

Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, mean...

ICCO Sees Rising Global Cocoa Deficit In 2023/24 Season

The International Cocoa Organisation (ICCO) has forecast an increased global cocoa deficit in the current 2023/24 season as aged trees and disease contribu...

Ghana's 2023/24 Cocoa Output Seen Almost 40% Below Target, Sources Say

Ghana's cocoa output for the 2023/24 season is expected to be almost 40% below a target of 820,000 metric tonnes, two sources from the country's...

Hershey And Cadbury Chocolate Makers Eye Price Hikes To Cover Cocoa Crunch

The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit con...