This year’s cocoa harvest was unproductive in West Africa, where cocoa is mostly grown, due to heavy rainfall and weather events related to El Nino, a global ocean-atmosphere phenomenon that affects the climate. Elif Aslı Yıldız, CEO of Patiswiss, mentioned that cocoa, which is the basic raw material of chocolate production, might negatively affect chocolate production due to the poor harvest.
Yıldız said: “Cocoa supply in West Africa will decrease due to the poor harvest. Low supply can make it difficult for chocolate producers like us to procure raw materials and put pressure on stocks. Another consequence we don’t want is that we will face higher costs.” Elif Aslı Yıldız mentioned that this increase might extend from raw materials to the end consumer: “But as always, we will offer the most delicious and best priced chocolates to our consumers. Without compromising on product quality, we will ensure that the best chocolates are consumed with pleasure.”
“We Will Do Our Best to Keep Chocolate Prices Stable”
The high inflation that has shaken the world and the supply and other problems arising from the Russia-Ukraine war have also affected chocolate production. The price of cocoa, the main ingredient in chocolate, is currently trading at a 46-year high of US$3,160 per metric ton. This represents a 40 percent price increase compared to last October. Due to the El Nino weather phenomenon, there is a serious decrease in cocoa production this year. This is also a factor in the increase in chocolate prices. Elif Aslı Yıldız, CEO of Patiswiss: “There may be a price increase as raw material supply will become more difficult. We will do our best to keep chocolate prices balanced with our sustainable supply chain management and customer satisfaction-oriented policies.”
“We Invest in Environmentally Friendly Technologies to Reduce Carbon Dioxide Emissions”
Increases in temperature and increasing amount of carbon dioxide because of climate change may cause reductions in product quality and production in the end. Patiswiss CEO Elif Aslı Yıldız, who states that they are constantly reviewing and improving the processes in their factories in line with sustainability principles, to increase energy and water efficiency: “We focus on fair trade and farmer support programs by meticulously following the supply chain management of the raw materials used in chocolate production. We try to minimize the environmental impact of our production processes by investing in environmentally friendly technologies to reduce carbon dioxide emissions. We support the sustainable use of natural resources by improving waste management and recycling processes,” said Yıldız, adding, “Our aim is to show environmental awareness while producing our delicious chocolates and to fulfil our responsibility to leave a better world to future generations.”
“Instead of Shrinking the Packaging of Our Products, We Enlarged”
CEO Elif Asli Yıldız, who stated that the Patiswiss brand would not go to shrink the package, in the face of the rumours that chocolate companies will go down in the face of increasing costs due to high inflation and the climate crisis: “We definitely do not have such a plan. The demand of our customers is always “If only the bag would never end, the package would be bigger”. We always see customer satisfaction as our priority and respond to demands accordingly.” “We have enlarged the packaging of our products instead of shrinking them,” said Yıldız: “Our priority is to ensure that our customers enjoy our chocolates uninterruptedly.”