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Record Halloween Spending Meets Costlier Chocolate as Cocoa Supply Hits Multi‑Decade Low

Higher prices reflect a cocoa shortfall alongside broader cost pressures.

Overview

  • U.S. consumers are projected by the National Retail Federation to spend a record $13.1 billion on Halloween, with a Friday holiday expected to lift participation.
  • Global cocoa supply is reported at a 60-year low tied to heavy rain in South America plus drought and crop disease in Africa, pressuring chocolate costs.
  • Research cited by WRTV shows candy prices up about 8% from last year and roughly 20% over three years, with tariffs and shipping costs adding to inflation.
  • Shoppers are turning to non-chocolate options that deliver better value per ounce, including gummies, sours and trending freeze‑dried candies.
  • Buying in bulk at retailers such as Costco, Amazon, Target and Walmart reduces per‑piece prices, though store owners say chocolate remains the top choice despite higher costs.