Feb 14 • 06:39 UTC 🇵🇱 Poland Rzeczpospolita

Cocoa prices plunge. Is a cheaper chocolate era coming?

The article discusses the dramatic fluctuations in cocoa prices due to weather conditions and diseases affecting cacao trees, leading to significant implications for West African farmers and the chocolate industry.

The article outlines the recent volatility in cocoa prices, which skyrocketed from about $2,500 per ton in January 2023 to over $12,200 per ton due to adverse weather conditions and a disease affecting cacao trees. These factors have contributed to a significant decline in cocoa yields, raising concerns about the sustainability of production levels. As of May 2025, however, cocoa prices have begun to fall dramatically, currently nearing $3,700 per ton, indicating a potential stabilization in the market.

It highlights the connection between environmental conditions and the stability of cocoa markets, emphasizing how climate change and weather extremes can drastically impact crop yields. Furthermore, the spread of diseases among cacao plants has raised alarms about long-term production viability, pushing governments and organizations to step in and support cocoa farmers, particularly in West Africa where many depend on cocoa farming for their livelihoods.

The decrease in cocoa prices is significant as it could lead to lower chocolate prices in the market, which would benefit consumers but could adversely affect farmers' income levels. The article stresses the need for continued support and adaptive strategies for farmers who are facing both market fluctuations and climate challenges, ensuring that they can continue to sustain their livelihoods and contribute to the global supply of cocoa.

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