[Luxus Magazine] Chocolate, the new black gold ?

Easter wouldn’t be the same without its iconic chocolate eggs. A tradition that, once again this year, delighted both young and old. However, a shadow looms over the chocolate industry.

 

For the first time in its history, the price of cocoa beans has surpassed the symbolic threshold of $10,000 per ton on Tuesday, March 26th. Industrial giants are destabilized by this meteoric rise and the prospect of dwindling stocks. Given the increasing consumption of chocolate worldwide, the scenario of shortage is worrisome.

 

 

The Chocolate Frenzy

 

Cocoa productions are facing increased and global demand. Asian countries, in particular, have developed a newfound taste for chocolate. Since the 1990s, the market growth in China has led foreign brands such as Ferrero, Cadbury, or Mars to establish themselves.

 

This indulgence quickly integrated into the country’s traditions. In the case of the Mid-Autumn Festival, held annually in China, mooncakes are the event’s specialty. Typically filled with red beans, egg yolk, or meat, these pastries have been revamped by giants like the American Starbucks or the Belgian chocolatier Godiva, who now offer chocolate mooncakes.

 

By capitalizing on this new attraction to cocoa, brands ensure themselves an increasingly extensive clientele.

 

 

© Maxim’s

 

Click here to read the article on Luxus Magazine

 

Featured Photo : © Pexels

Picture of Charline Point
Charline Point
Passionate about art in all its forms, Charline Point is a young journalist driven by fierce curiosity and a keen appetite for culture. After several years in press relations, Charline decided to take up a career in journalism. Her favorite subjects are travel, gastronomy, cinema and fashion.

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