Almonds, a popular snack choice worldwide, are facing soaring prices, particularly Kirkland Signature's chocolate-covered varieties, due to significant shortages. Recent price hikes have seen a 1.5-kilogram bag's price rise from $17 to $27—a stark increase illustrating the dual impact of reduced almond output in California and declining cocoa production in regions like the Ivory Coast. Aging cocoa trees and unfavorable environmental conditions contribute to diminishing yields, resulting in chocolate-covered almonds becoming a rare commodity in the market.
Kirkland Signature's chocolate-covered almond prices have risen significantly from $17 to $27 for 1.5 kilograms due to almond and cocoa shortages.
Supply issues with almond production in California and decreased cocoa harvesting in the Ivory Coast are making chocolate-covered almonds increasingly scarce.
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