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Basel, Switzerland – 11 April: Lindt Chocolate Easter Bunnies, April 11, 2025, is seen in a store in Basel, Switzerland.
Sedat Suna | Getty Images News | Getty pictures
Cocoa prices, higher access and sustainability costs, Confectionery company CEO Adalbert Lechner told CNBC.
“Cocoa prices will fall down,” Lechner reported COLNBC CAROLIN ROTH in April 11, but did not believe that the cocoa prices “would not fall to the previous levels.”
The factors, including increased access costs, sustainability programs and fair trade initiatives, said the cocoa price should be higher than in recent times, “he said.
Lechner’s speech, COCOA prices are watching high-level notes that cause high levels of prices in 2024, to supply the dissemination of disease and pest in West Africa. Chocolate manufacturers face double-edged sword, which are increasing and high prices with cocoa planting.
‘We see that the chocolate markets are reduced as in the United States last year, (leader) more than 5% (of) volume decreases,’ he said.
However, it is not only the restoration of supply only to reduce the demand, but the trade analyst in Rabobank told Squawk Box Europe.
“Confectioners who use different methods to use higher retail prices, chocolate, the increase in cocoaries, the increase in weight loss,” causes “.
Lindt & Sprungli showed durability despite the record variability in Cocoa markets affecting the chocolate industry. The company better expressed the profit of operation better than expected in 2024 in 2024.
Lechner applies to this performance to “highly desirable strong reward brands for consumers.”
In the industry, the prices of chocolates are growing, the van minibus of the Rabobank, “Very large chocolate confectioners really rose prices and noted that they have increased prices and the consumers.”
Added: “In the future, it may intend to do it.”
Lindt and Sprungli, when “very careful” to transfer cocoa costs to consumers, Lechner said, “This raw material has admitted that this increase is forced to pass in a certain amount of consumers in recent years.
Again, he said, “Never compete with the price” and consumers did not make a difference in ten cents or 20 cents. You get this product to not get this product. “
Tariffs
The US President Donald Trump spoke about the 90-day interval of tariffs for the countries included in Switzerland, CEO does not expect a significant impact on the recipes of Lindt.
“We use about 4,000 people in the United States, try five factories there,” he said. “Thus, the impact of all these tariffs and trade warfare is relatively limited.”
The United States has previously gave a sensitive signal to foreign companies, which has previously gave a sensitive signal against foreign companies, offers an incentive to promote operations in the United States.
However, despite localized production, Cocoa, unfortunately, there is almost 10% tariff plan in the United States, so it will further increase chocolate prices in the United States “
“(Economic) Cocoa-beans and tariffs increased migration costs’, if mutual tariffs remain in place, consumption and grounding (cocoa) will suffer. “Tariffs will cause a lot of higher prices.”
The Lindt CEO, reflected in the global macroeconomic environment, was softened in consumer feelings, along with the invalidity and uncertain inflation environment.
“Consumers are invalid at the moment,” the client’s in this regard was “relatively weak.”
However, his outlook for his future was also used.
“I think the postponement of 90 days is a very optimistic sign,” Lechner told CNBC. “It is very positive. It is clear that the US government is open to negotiations and I would say we will see that we will have as little impact on a week ago.”
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