The price per unit of cocoa paste in Sweden exhibited fluctuations between 2009 and 2019. The upward trend reached its peak in 2015 at €6.15/kg, followed by a general decline until 2019, with the price dropping to €4.75/kg. The considerable increase between 2010 and 2015 reflects market dynamics, possibly driven by global supply and demand conditions, after which prices adjusted downward.
In 2023, the price per unit stands at €4.95/kg, suggesting a moderate recovery post-2019 decline. Year-on-year change shows a slight increase in recent years, with a CAGR indicating minor stability across five years. Key future trends to observe include changes in global cocoa production, effects of climate change, and evolving consumer preferences towards sustainable and ethical sourcing, potentially impacting future price movements.
