Q&A: Is the world really running out of chocolate?

Thursday, Apr 2, 2026, 04:41 AM | Source: Pursuit

Ling Zhi Cheong, Cai Shen, Richard Eckard

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Chocolate prices have jumped again this Easter, and it has a lot of people concerned about how much higher they can go – and why they are so high in the first place.

There are plenty of reasons for the hikes – whether it’s rising oil and transport prices or general cost-of-living increases – but if we look at the ingredients, there is a clear culprit.

A mother and father eating chocolate spread out on the kitchen table with their two young children
Chocolate prices have jumped again this Easter. Picture: Getty Images

Cocoa, made from the cacao plant, is the main ingredient that is used to make cocoa butter and cocoa powder for chocolate production.

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University of Melbourne Researchers