Cocoa Butter Prices, Trend, Historical & Forecast Data

Stephenthomas26 Dec, 2024Business

In 2024, cocoa butter prices in the United States surged to $5,691/MT, driven by robust demand from the food and cosmetic industries. The price increase was further impacted by supply chain challenges, including labor shortages and transportation delays, which strained availability. Additionally, adverse weather conditions in key cocoa-producing regions limited supply, further driving up costs. These combined factors contributed to the rise in cocoa butter prices, highlighting the complexities within global cocoa markets.