Halloween candy sales are off to a slow start this year as U.S. consumers grapple with high living costs and eye-popping\u00a0chocolate prices.<\/p>\n
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Halloween candy sales fell 6.7% in the month ending Oct. 17 compared to the same period last year, according to NielsenIQ, a market research firm. Nielsen also noted an 11.7% decline in candy sales in mid-September, erasing the preseason gains that Halloween candy enjoyed the previous two years.<\/p>\n
Chris Costagli, a vice president and food thought leader at NielsenIQ, said high\u00a0gas prices\u00a0have worsened Americans\u2019 concerns about affordability, and that\u2019s dampening demand for Halloween treats. As of Friday, the average price of a gallon of regular gasoline in the U.S. was $4.29, up nearly 40% from the prior year.<\/p>\n
\u201cI think what you\u2019re seeing now is a consumer that\u2019s spending so much additional money on fuel and housing and clothing and food,\u201d Costagli said. \u201cSome of the decisions they\u2019re making about Halloween candy, it\u2019s not necessarily because, \u2018I notice it\u2019s more expensive than last year,\u2019 it\u2019s, \u2018I can\u2019t afford it this year because I\u2019ve paid so much more for so many other things. I just don\u2019t have the financial means to buy it this year.\u2019\u201d<\/p>\n
Small bags of candy were the only sizes seeing sales growth through mid-October, Costagli noted. Large and extra-large bags were seeing the biggest declines.<\/p>\n
U.S. candy prices have been climbing faster than the rate of inflation for several years. As of September, candy and gum prices were up 44% over a five-year period, according to government data. Prices for all food eaten at home rose 22.5% in the same period.<\/p>\n
This week, discount grocer Aldi was advertising a 135-piece variety pack of Mars Inc. chocolate bars \u2013 including Milky Way, Trix and Snickers \u2013 for $19.87. That\u2019s almost the same price consumers paid for a 250-piece variety pack five years ago.<\/p>\n
Cocoa prices\u00a0are the main culprit. Global cocoa prices reached a record high of $10,710 per metric ton in January 2025 because of poor weather in West Africa \u2013 which supplies 70% of the world\u2019s chocolate \u2014 and speculative trading in the cocoa futures market, according to the U.S. Bureau of Labor Statistics.<\/p>\n
Cocoa prices had been\u00a0falling steadily\u00a0since then, and hit $3,241 per metric ton in March. But they began climbing again in the spring as the\u00a0Iran war\u00a0disrupted Africa\u2019s\u00a0fertilizer supplies. The\u00a0El Ni\u00f1o\u00a0weather pattern is also expected to hurt production, with hot, dry conditions expected through February.<\/p>\n
But Costagli noted that even in cases where prices are lower than last year, consumer demand is muted. The average price of\u00a0non-chocolate Halloween candies, like gummies and lollipops, was $6.08 per pound in the nine weeks ending Oct. 17, which was about 3% lower than last year, according to Nielsen data. But that didn\u2019t lead to a bump in sales.<\/p>\n
Sally Lyons Wyatt, a global executive vice president and food industry adviser for the market research company Circana, said one way U.S. consumers have been handling\u00a0higher grocery prices\u00a0is by making smaller and more frequent trips to the supermarket and buying products right before they intend to use them. That makes her wonder if shoppers are waiting until closer to Halloween to buy candy this year.<\/p>\n
\u201cPeople are very intentional and thoughtful about what they want to consume, not just for holidays, but in general,\u201d she said. \u201cI do believe we will still see softness overall with candy, but I don\u2019t think Halloween is doomed.\u201d<\/p>\n
The National Confectioners Association, a trade group that represents candy makers like Mars, Smarties Candy Co. and Ferrara Candy Co., said it remains optimistic about Halloween sales.<\/p>\n
\u201cWe are just now entering the peak period for Halloween and consumer enthusiasm remains incredibly strong,\u201d the group said Friday in a statement.<\/p>\n<\/div>\n
#America #skimps #Halloween #high #fuel #prices #force #shoppers #buy #small #bags #candy<\/p>\n","protected":false},"excerpt":{"rendered":"
Halloween candy sales are off … <\/p>\n","protected":false},"author":1,"featured_media":7444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1177,10500,152,7358,1650,2335,5675,10498,880,597,1958,10499,18],"class_list":["post-7443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-america","tag-bags","tag-buy","tag-candy","tag-force","tag-fuel","tag-halloween","tag-halloween-candy","tag-high","tag-prices","tag-shoppers","tag-skimps","tag-small"],"yoast_head":"\n
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