Expana’s European Valentine's Day Index:

Shows Significant Reversal from Last Year

As Valentine's Day approaches, Expana has analyzed the essential commodities that drive the price of chocolate, the primary confectionery consumed in Europe during this annual occasion in February.

Expana's Europe Valentine's Day Chocolate Index comprises cocoa beans, sugar, and skimmed milk powder (SMP). While not part of the price blend, vanilla and EU strawberry prices are also included. Strawberries are one of the most consumed fruits during the Valentine's Day period, while vanilla is widely used in the preparation of cakes and chocolates.

This analysis examines Expana Benchmark Prices (EBPs) across these key ingredients to provide insight into the commodity landscape shaping Valentine's Day sweet snacks in 2026.

Expana’s Europe Valentine’s Day Chocolate Index

Expana’s Europe Valentine's Day Chocolate Index decreased by 51.9% year on year (YOY) and 3.5% month on month (MOM) to €2,714.9/mt in January 2026, driven by a substantial decrease in cocoa and sugar prices.

Price analysis by commodity >>>

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