Today we address a matter of concern regarding the current state of the cacao market. As you may already know, a global shortage has resulted in the cost of cacao reaching unprecedented levels.
This price surge (as illustrated above) is a direct result of severe weather conditions, including extreme heat and drought, devastating cacao crops in Africa and the Caribbean. This shortage has placed immense pressure on our cacao supply chains.
At ChocoSol, we are closely monitoring these developments and taking proactive steps to safeguard the quality and availability of our products. We are investing in cacao inventory and production efficiencies to offset market fluctuations and ensure a steady supply for all our valued customers.
However, despite our efforts, we anticipate that these challenges may persist in the coming months. The shortage of cacao supply from Africa, coupled with increasing market prices, underscores the need for resilience in our supply chains.
ChocoSol is more than just an eco-craft chocolate maker. We are proud to be a regenerative and ecological food enterprise, dedicated to fostering resilient, healthy, and sustainable supply chains and food systems.
To address these challenges, we are implementing some modest pricing changes. The following price changes will be implemented effective May 1st, 2024:
| Product | Original Price / KG | New Price / KG |
| Bulk Drinking & Baking Chocolate: 60% Chocolatl, 65% Chocolatl Vanilla, 75% Five Chili Bomba, & 75% Darkness | $30 | $32 |
| Bulk Drinking & Baking Chocolate: 99% Unsweetened & 100% Gratitude | $30 | $38 |
| Cacao Beans | $17 | $24 |
| Cacao Nibs | $18 | $25 |
| Cacao Powder | N/A | $22 |
| Cacao Butter | $25 | N/A |
The remaining price changes will be implemented effective August 1st, 2024.
| Product | Original Price Per Case | New Price Per Case |
| Forest Garden Vanilla | $44.50 | $57.50 |
| Bird Sanctuary | $44.50 | $57.50 |
| Cacao Symphony | $44.50 | $57.50 |
| 100% Gratitude | $44.50 | $57.50 |
In addition, we've made the hard decision to transition three of our current flavours—Ginger Turmeric 65% and 90%, Bird Sanctuary and Cacao Symphony— to limited-edition bars only. These bars will remain seasonal specialties, only available in limited-runs and for limited-periods of time.
As we navigate these changes together, our commitment to creating wholesome, delectable, and affordable quality food products remains unwavering. We invite you to join us in this journey of adaptation and solidarity. Thank you for your continued support of our mission and vision.
Should you have any questions or concerns, please do not hesitate to email our team at wholesale@chocosoltraders.com