UK NEWS

For this reason, Easter eggs are very expensive this year

[ad_1]

Difficult news for chocolate fans colleagues – the calling post for the consumer, which? Easter eggs say 50 % more expensive this year.

This is despite the fact that many seasonal treatments have already become smaller.

Chocolate prices It increased by 16.4 % of mammoths Last year, compared to an average of 4.4 % between food and other supermarkets, they add.

Therefore, we talked to the former Vice President of International Trade in Barclays and the current founder of the Personal Finance Platform Money generationAlex King, Mark Owen, Chocolatier President at the Bimberoxhere Chocolate Factory Welsh chocolate is evilAbout what was really happening.

This is partly due to the growing circumstances

“Easter egg prices are significantly higher this year, and unfortunately, they are not just a state of retailers in walking for long distances – the entire chocolate industry feels the influence of the global cocoa crisis,” Mark told us.

“Cocoa prices have doubled more than twice since 2023, and we are still paying more than twice that we were just two years ago.”

Alex agreed that “cocoa prices increased in 2024 to record their highest levels after three poor further harvests for cocoa producers in Ivory Coast and Ghana-the largest cocoa production country in the world.

“This has had a direct impact on the price of Easter eggs this year, as it is clear that cocoa is a major component of chocolate production.”

The trading expert added that dairy costs increased by 18 %.

And as if that was not enough, “at the beginning of 2024, we also saw hedge boxes flowing into the cocoa market with proofs that the price of cocoa would continue to rise – which he did throughout 2024.

“Although these hedge funds were not the main driver to increase prices, they really helped rise, which increased prices more.”

Oh good. Anything else?

Yes, unfortunately. Alex says that energy and transportation costs have also increased, affecting the supply chain, and thus retailers.

“Another factor that strikes supermarkets in general in the United Kingdom is the high national insurance in April, just before Easter,” he suggested.

“Retaires will start increasing prices before that to cover the additional NI cost, and this is another reason because we are witnessing higher prices – not only in Easter eggs.”

Worse News: Mark HuffPost UK told that he does not expect the problem to be disappeared soon.

“With the presence of global stocks at all at all and not the expected harvest of the expected in the coming months, the offer is still incredibly narrow.”

“The truth is that chocolate makers of all sizes are pressed. As a small and independent factory, we had to absorb the largest cost as possible, but there is no avoiding that Easter eggs are more expensive than that year ever.”

Here in the hope of 2026 is a little easier for our conservative …

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button