At Christmas, we celebrate the birth of Christ. And we’re sure many of you will agree that eating chocolate is a great way to celebrate. Tens of millions of pounds are spent on chocolate every Christmas in the UK. But how much of this money ends up going to the farmers who are responsible for this festive treat?
Great profits, greater poverty
Price wars between large chocolate companies have been driving the cost of cocoa down. This year, the income of cocoa farmers in Africa is set to go down 20 per cent. This will push even more people into poverty.
While the profits of chocolate companies are skyrocketing, the quality of life for farmers is plummeting.
The majority of the world’s cocoa comes from Ivory Coast. There, the average annual income of a cocoa farmer is around $3,000. Yet to cover the cost of living, they’d need to earn more than twice this.