New Delhi, April 5 -- Cocoa prices have fallen sharply from last year's record highs, but consumers are still facing higher prices for Easter chocolate, a recent Wells Fargo report said.

As per a CouponFollow analysis, in the last five years, the cost of a full Easter basket has jumped 71%, with roughly three-quarters of that increase driven by candy. Moreover, major chocolate companies raised prices by up to 20% during the cocoa spike in 2024-2025, the Wells Fargo report added.

Even though cocoa prices have eased, Easter chocolate continues to remain expensive.

Cocoa, a crucial raw material for chocolate, has seen prices tumble from above $12,000 per metric ton in late 2024 to around $3,000-$3,300 currently. However, In early 2026, ch...