COCOA VALUE SHARE OF STANDARD CHOCOLATE
Approx. origin share of final retail price table- Chocolate Bars
Based on ICCO Cocoa Prices Price 2322.64 USD/ Tonne (18.08.2020)
Based on ICCO Cocoa Prices Price 2322.64 USD/ Tonne (18.08.2020)
Type of Chocolate |
Traditional Chocolate |
Raisetrade Chocolate made at Origin |
Raisetrade Chocolate/ Added value |
Dark Chocolate 70% cocoa |
6.7% |
33%/ (100% if sold locally) |
493% |
Milk Chocolate 25% Cocoa |
5.9 % |
32%/ (100% if sold locally) |
1200% |
Milk Chocolate 40% Cocoa |
3.9% |
33%/ (100% if sold locally) |
670% |
Fairtrade aims to solve the problem for farmers being paid at unsustainable prices by setting sustainable minimum prices for commodity bulk cocoa
Fairtrade cocoa price = 2400 USD/Tonne +240 USD premium
+ 13.6% compared to ICCO
Fairtrade cocoa price = 2400 USD/Tonne +240 USD premium
+ 13.6% compared to ICCO
Type of Chocolate |
Traditional Chocolate |
Fairtrade Chocolate * |
Dark Chocolate 70% Cocoa |
6.7% |
7.6% |
Milk Chocolate 25% Cocoa |
5.9% |
6.7% |
Milk Chocolate 40% Cocoa |
3.9% |
4.3% |
* excludes other Fairtrade ingredients eg Cane sugar, change of Retail Price, Fairtrade Licence fees