"What we're seeing in the U.S., including higher prices, smaller sizes and less cocoa in some products, reflects longer-term adjustments. Prices are likely to stay high through 2026 and could climb further if supply expectations don't hold."
"Executives at companies like Hershey and Mondelez say they remain hedged above current cocoa prices, limiting how quickly they can pass along savings. Most Easter candy was made months ago, when cocoa was still far more expensive."
Chocolate prices have increased significantly, with Easter chocolate costing 14% more year over year in early 2026. Over the past five years, the cost of a full Easter basket has risen by 71%, primarily due to candy prices. Although cocoa prices have decreased from over $12,000 per metric ton to about $3,000 to $3,300, chocolate prices remain high. This is due to previous high-cost cocoa purchases and ongoing sourcing risks. Relief in chocolate prices is anticipated later this year, potentially in time for Halloween.
Read at Axios
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