COCOA VALUE SHARE OF STANDARD CHOCOLATE
Approx. origin share of final retail price table- Chocolate Bars
Based on ICCO Cocoa Prices Price 2,563.27 USD/ Tonne (20.01.2022)
Based on ICCO Cocoa Prices Price 2,563.27 USD/ Tonne (20.01.2022)
Type of Chocolate |
Standard Chocolate % share of Retail Price at origin |
Raisetrade Chocolate made at Origin % share of Retail Price at origin |
Raisetrade Chocolate/ Added value |
Dark Chocolate 70% cocoa (eg £2.05/ 100g) |
8.25% |
33% if exported / (100% if sold locally) |
400% |
Milk Chocolate 30% Cocoa (eg £1.24/100g) |
5.85 % |
33% if exported / (100% if sold locally) |
563% |
White Chocolate 20% Cocoa (eg £1.11/100g) |
4.35% |
33% if exported/ (100% if sold locally) |
757% |
Fairtrade aims to solve the problem of unsustainable cocoa prices by setting Fairtrade minimum prices. A Fairtrade premium is paid over market price for Farmers cooperatives to invest in community.
Fairtrade min cocoa price = 2400 USD/Tonne
Fairtrade Premium Price = 240 USD/Tonne
( ICCO + Fairtrade Premium) $2,803.27/ Tonne = +9% over ICCO prices
Fairtrade min cocoa price = 2400 USD/Tonne
Fairtrade Premium Price = 240 USD/Tonne
( ICCO + Fairtrade Premium) $2,803.27/ Tonne = +9% over ICCO prices
Type of Chocolate |
Standard Chocolate share of Retail Price @ origin |
Fairtrade Chocolate * share Retail Price @ origin |
Fairtrade share increase to origin excludes Licensee costs at origin |
|
Dark Chocolate 70% Cocoa |
8.25 % |
9.13% |
0.88% |
1% |
Milk Chocolate 30% Cocoa |
5.85 % |
6.47% |
0.63% |
1% |
White Chocolate 20% Cocoa |
4.35 % |
4.81% |
0.47% |
1% |
* excludes other Fairtrade ingredients eg Cane sugar, change of Retail Price
Bulk Cacao V Fairtrade Cacao V Fine or Flavour Cacao - adding more value at origin
