Chocolate Liquor Price Trend and Forecast

Chocolate Liquor Regional Price Overview

Get the latest insights on price movement and trend analysis of Chocolate Liquor in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Chocolate Liquor Price Trend for the First Half of 2023

In China, the prices of chocolate liquor were supported by high demand in the first and second quarters of 2023. The manufacturers witnessed a record number of sales, which was evident as one of the major firms recorded more than 80% of its revenue from Moutai, one of the chocolate liquor brands.
 

Chocolate Liquor Price Chart

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Further, the rates of production of cocoa were hit by extreme weather conditions such as heavy rains, hailstorms, and flood-like conditions, especially in the US states that deprived the market of quality cocoa seeds used in the production of chocolate liquor. In addition to this, severe inflation in food industries caused by restricted supply due to the Russia-Ukraine war, negative effects of climate change, and high demand from the consumer sector globally drove the price trend of chocolate liquor towards a positive trajectory.

Analyst Insight

According to Procurement Resource, the price of Chocolate liquor is estimated to incline as the demand from the consumer sector is expected to remain high while the production rates suffer from extreme climate conditions.

Procurement Resource provides latest prices of Chocolate Liquor. 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.