Rising Cost of Cocoa

What’s behind the rising costs of coco?

At Coco’s Pantry, we are committed to bringing you the finest cocoa products to elevate your culinary creations. However, we want to keep you informed about some industry changes that might affect your staples.

Rising Costs of Cocoa

Recently, there has been a noticeable increase in the cost of cocoa. This rise is attributed to several factors:

●     Climate Change - adverse weather conditions in major cocoa-producing regions have impacted crop yields.

●     Supply Chain Disruptions - ongoing global logistics challenges have increased transportation costs.

●     Economic Factors - inflation and fluctuating currency exchange rates have contributed to higher prices for raw materials.

How this affects you and your business?

These factors inevitably lead to higher prices for cocoa and cocoa-based products. While we strive to absorb some of these costs, there will be slight price adjustments on our products. We understand that this can be concerning, and we are dedicated to helping you navigate these changes.

Ways to save money with Coco’s Pantry

1. Buy in Bulk

Purchasing larger quantities can often save you money in the long run. Our bulk packaging options provide better value per kg, ensuring you get more for your money.

2. Shop on Tuesday Treats and Bulk Friday Deals

It's hard right now to put much chocolate on the Bulk Friday Deals Day, we do have Moo Free Dark at a bargain price for 20kg.  Do keep an eye on our website and newsletters for special offers and discounts. We frequently run promotions that can help you stock up on your favorites at reduced prices.

4. Substitute Wisely

For baking and cooking, consider using a mix of cocoa powder and chocolate. Cocoa powder is often more affordable and can be used creatively in recipes to stretch your chocolate supply. I am also looking at our brands to bring in for you to try.

5. Explore Recipes

Experiment with recipes that require smaller amounts of cocoa. We regularly update our blog with delicious and innovative recipes that make the most of every ingredient.

Supporting Sustainable Cocoa Farming

By choosing Coco’s Pantry, you are also supporting sustainable and ethical cocoa farming practices. We partner with suppliers who prioritise fair trade and environmentally friendly methods. Your purchases help promote a healthier planet and fairer working conditions for farmers.

Stay Connected

We value your continued support and are here to assist you with any questions or concerns. Stay connected with us through our social media channels and website for the latest updates, recipes, and offers.

Thank you for being a part of the Coco’s Pantry family. Together, we can navigate these changes and continue to enjoy the rich, delicious flavors of high-quality cocoa.

 

 

Will rising cocoa prices trigger a chocolate crisis?

https://www.jpmorgan.com/insights/global-research/commodities/cocoa-prices

Why cocoa prices are rising crazily fast

https://www.chococo.co.uk/news/why-cocoa-prices-are-rising-crazily-fast

Chocolate: Cocoa price hits record high as El Niño hurts crops https://www.bbc.co.uk/news/business-68248145

Mandy Chowdhary