Why do developed economies have more money? Chocolate Bar examples
Approximately 5% of the total Chocolate Bar value goes to the cocoa origin country and 95% of the value is created elsewhere.
Approx. origin share of final retail price table- Chocolate Bars
ICCO Cocoa Price = 1874.72 USD/Tonne
ICCO Cocoa Price = 1874.72 USD/Tonne
Type of Chocolate |
Traditional Chocolate |
Chocolate made at Origin |
Raisetrade/ Added value |
Dark Chocolate 70% cocoa |
5.4% |
25%/ (100% if sold locally) |
460% |
Milk Chocolate 20% Cocoa |
2.1 % |
25%/ (100% if sold locally) |
1200% |
Milk Chocolate 40% Cocoa |
3.7% |
25%/ (100% if sold locally) |
670% |
Fairtrade ensures higher prices for commodity cocoa
Fairtrade cocoa price = 2000 USD/Tonne
=6.6% higher cocoa price
Type of Chocolate |
Traditional Chocolate |
Fairtrade Chocolate * |
Dark Chocolate 70% Cocoa |
5.4% |
5.8% |
Milk Chocolate 20% Cocoa |
2.1% |
2.2% |
Milk Chocolate 40% Cocoa |
3.7% |
4.0% |
* excludes other Fairtrade ingredients eg Cane sugar, change of Retail Price, Fairtrade Licence fees
