Choconomics: The Rising Cost Of Chocolate
As we head into Easter you may have noticed the price of your seasonal sweet treats like chocolate bunnies and eggs are a bit higher than last year. The main reason is the price of cocoa beans or actually, the price of cocoa futures. They’ve skyrocketed by more than 100% in 2024 alone and tripled over the past year. But why is that and will we be prepared to keep paying higher prices for the sweet stuff? Guests Tina Angelidis: Co-Owner, Adora Chocolates Pia Piggott: Associate Analyst, Rabobank Professor John Dumay: Accounting & Finance, Macquarie Business School Paul Zahra: CEO, Australian Retailers Association Check out the Chocolate Scorecard: https://www.chocolatescorecard.com/
The Economy, Stupid · Australian Broadcasting Corporation
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Show Notes
As we head into Easter you may have noticed the price of your seasonal sweet treats like chocolate bunnies and eggs are a bit higher than last year.
The main reason is the price of cocoa beans or actually, the price of cocoa futures. They’ve skyrocketed by more than 100% in 2024 alone and tripled over the past year.
But why is that and will we be prepared to keep paying higher prices for the sweet stuff?
Guests
Tina Angelidis: Co-Owner, Adora Chocolates
Pia Piggott: Associate Analyst, Rabobank
Professor John Dumay: Accounting & Finance, Macquarie Business School
Paul Zahra: CEO, Australian Retailers Association
Check out the Chocolate Scorecard: