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Why Is Chocolate So Expensive Right Now?
Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Two reports published last week found that warming is pushing temperatures beyond the optimal range for cacao growth in the countries at the heart of the world’s supply, particularly during primary harvest seasons. Last year, warming added at least six weeks’ worth of days above that threshold in nearly two-thirds of cacao-producing areas across Côte d’Ivoire, Ghana, Cameroon, and Nigeria, likely contributing to a disastrous harvest, according to the Climate Central report. Droughts, floods, and plant diseases thrashing the region last year contributed to record cocoa prices, which in turn caused the cost of chocolate to jump, according to a report by the nonprofit Christian Aid, which works toward sustainable development and economic justice.
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