
Why you may soon need a nest egg to buy an Easter egg
Daily MailWe have all seen Easter eggs in the shops as early as January. Market prices for the seasonal treats' key ingredient currently sit at around £8,600 a tonne and have more than doubled compared with this time last year. But the trade journal said manufacturers and retailers were rubbing their hands together because choc-loving Brits would continue to fork out for their Easter eggs - even if prices were to double. Chocolate prices for UK consumers has increased by almost 12 per cent Market prices for the seasonal treats' key ingredient, cacao beans, currently sit at around £8,600 a tonne and have more than doubled compared with this time last year There has been a four-fold increase in the wholesale price of cocoa over the last two years Manufacturers and retailers are said to be rubbing their hands together because choc-loving Brits will continue to fork out for their Easter eggs - even if prices were to double Thijs Geijer, a senior economist at Dutch bank ING, specialising in food and agriculture, claimed chocolate prices had rocketed due to various factors. Ivory Coast and Ghana imported 58 million kilogrammes of cocoa beans worth £127million to the UK in 2023 but both countries experienced significant declines in production last year due to record-breaking temperatures above 40 degrees.
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