Swiss Chocolate Consumption Drops As Prices Rise
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Perspectives amères pour le chocolat suisse
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“The modest growth in the domestic market (+1.7%) was offset by stagnant exports (+0.2%),” the Chocosuisse umbrella organisation noted in a press release on Tuesday. With exports making up 72.1% of total sales, this“rings alarm bells for the industry”.
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In the end, the volume of Swiss chocolate sold increased marginally, rising by just 0.6% compared to 2023, reaching 209,096 tonnes.
The price of cocoa quadrupled last year, peaking at $10,888 (CHF9,136) a tonne at the end of 2024 after a long period of hovering around $2,000 and $3,000. This forced chocolate manufacturers to pass on the costs to consumers. As a result, revenues surged by 13.3%, reaching CHF2.2 billion.
More More How the humble cocoa bean gets turned into chocolate and moneyThis content was published on Jan 6, 2023 The chocolate supply chain has many intermediaries from bean to bar. Those at the bottom get the least but it doesn't have to be this way.
Read more: How the humble cocoa bean gets turned into chocolate and mone
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