White Chocolate Price Trend and Forecast
Get the latest insights on price movement and trend analysis of White Chocolate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
White Chocolate Price Trend for the First Half of 2023
The price trend of white chocolate was dependent on the availability and production of cocoa. In the Asia-Pacific region, the scarcity of cocoa beans was the most significant contributor to the rise in the prices of white chocolate. Production rates were hampered by the adverse effects of climate change, which severely affected the supply chains.
White Chocolate Price Chart
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In addition to this, the supply chains were also severed by rising inflation in the global food sector, which was enhanced by the ongoing Russia-Ukraine crisis in the first two quarters of 2023. There was a significant spike in the prices of raw materials such as milk, sugar, etc., which contributed significantly to the rise in the prices of white chocolate in the first two quarters of 2023.
Analyst Insight
According to Procurement Resource, the price of White chocolate is estimated to oscillate as its demand from the consumer sector is high even in the situation of high inflation in food sector conditions.
Procurement Resource provides latest prices of White Chocolate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
White chocolate is basically a chocolate confection prepared from milk solids, cocoa butter, and sugar. White chocolates do not contain cocoa solids, that are often present in other types of chocolate. It has a pale ivory colour. The melting point of cocoa butter, which is the only cocoa bean component present in white chocolates is high enough to prevent them from melting at room temperature, as with milk chocolates and dark chocolates.
Report Features | Details |
Product Name | White Chocolate |
Industrial Uses | Truffles, Bars, Brownies, Cookies and pastries, Scones |
Supplier Database | The Hershey Company, Nestlé S.A, Ferrero U.S.A., Inc, Barry Callebaut AG, Mondelez International, Blommer Chocolate Company, Choco Tonic |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In order to produce White Chocolate, cocoa liquor is first devoid of cocoa solids that are the non-fat component of cocoa and the major constituent of conventional chocolate liquor. As a result, the cocoa butter is the only cocoa ingredient left in white chocolate. Then, cocoa butter, sugar, and milk powder are mixed, and this mixture is finally conched in a conching press. The obtained product is caramelised and may include additional flavourings, like vanilla, thus producing White Chocolate.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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