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Why Halloween candy prices skyrocketed: ‘Era of cheap chocolate is over’

Cost of Halloween costumes and candy spooking shoppers this year
  • Halloween candy prices 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.
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