Why Halloween candy prices skyrocketed: ‘Era of cheap chocolate is over’
Cost of Halloween costumes and candy spooking shoppers this year
Halloween candyprices have significantly increased, with a 100-count bag now costing around $16, up from $9 five years ago.
This surge is largely attributed to record-high cocoa prices, driven by poor harvests in West Africa due to climate change and crop diseases, resulting in a half-million-ton global shortage.
Confectionery manufacturers have responded by raising prices, decreasing package sizes, or altering recipes to include less cocoa or cheaper ingredients.
Broader manufacturing expenses for candy production, including energy, labor, and transportation, have also risen by 37% since early 2024.
Tariffs on Chinese goods contributed to tighter supplies and higher prices for Halloween candy and merchandise.