Shrinking but still pricey: how UK Easter eggs are getting smaller but more expensive this year.
This Easter, chocolate lovers may be in for a surprise as many popular egg brands have shrunk their treats while increasing prices. According to data from supermarket shelves, several major brands including Maltesers and Cadbury's have reduced the weight of their eggs by up to 40% compared to last year, despite still charging higher prices.
Maltesers' XL eggs, for example, now weigh in at just 194g – down from 231g last year. The price tag? £7, a £1 increase from last year's £6. Meanwhile, Cadbury's Twirl eggs have been reduced by 9.5% or 23 grams to 218 grams and are now priced at £7, a rise of over 28%.
The reasons behind these weight reductions and price hikes are largely due to the rising cost of cocoa, which has soared in recent years due to poor harvests in major-producing countries Ghana and Côte d'Ivoire. Climate-related disruptions have also led to higher costs for sugar, energy, and labour.
As a result, manufacturers like Mars Wrigley's UK and Ireland business are having to take drastic measures to keep prices under control. "We understand the cost pressures that shoppers continue to face and always aim to absorb rising costs wherever possible," said a spokesperson for Mars Wrigley. However, they added that ongoing pressure on cocoa prices meant they had to make carefully considered changes to product sizes.
Other manufacturers like Mondelēz International, owner of Cadbury's, have also taken similar measures. "We understand the economic pressures that consumers continue to face and any changes to our product sizes is a last resort for our business," said a spokesperson. The company has reduced the weight of several products, including their Twirl eggs, Wispa eggs, and Mini Egg bags.
The impact on consumers will be felt in the coming weeks as Easter approaches. With many popular brands now offering smaller but pricier treats, chocolate lovers may have to choose between indulging in their favourite Easter eggs or splurging on other holiday treats.
This Easter, chocolate lovers may be in for a surprise as many popular egg brands have shrunk their treats while increasing prices. According to data from supermarket shelves, several major brands including Maltesers and Cadbury's have reduced the weight of their eggs by up to 40% compared to last year, despite still charging higher prices.
Maltesers' XL eggs, for example, now weigh in at just 194g – down from 231g last year. The price tag? £7, a £1 increase from last year's £6. Meanwhile, Cadbury's Twirl eggs have been reduced by 9.5% or 23 grams to 218 grams and are now priced at £7, a rise of over 28%.
The reasons behind these weight reductions and price hikes are largely due to the rising cost of cocoa, which has soared in recent years due to poor harvests in major-producing countries Ghana and Côte d'Ivoire. Climate-related disruptions have also led to higher costs for sugar, energy, and labour.
As a result, manufacturers like Mars Wrigley's UK and Ireland business are having to take drastic measures to keep prices under control. "We understand the cost pressures that shoppers continue to face and always aim to absorb rising costs wherever possible," said a spokesperson for Mars Wrigley. However, they added that ongoing pressure on cocoa prices meant they had to make carefully considered changes to product sizes.
Other manufacturers like Mondelēz International, owner of Cadbury's, have also taken similar measures. "We understand the economic pressures that consumers continue to face and any changes to our product sizes is a last resort for our business," said a spokesperson. The company has reduced the weight of several products, including their Twirl eggs, Wispa eggs, and Mini Egg bags.
The impact on consumers will be felt in the coming weeks as Easter approaches. With many popular brands now offering smaller but pricier treats, chocolate lovers may have to choose between indulging in their favourite Easter eggs or splurging on other holiday treats.