Key Market Indicators
The Beninese chocolate market is set to grow over the next five years. Imports are forecasted to reach $2.1 million in 2026, representing a 2.1% increase from 2021. Since 2003, Beninese demand has grown 4.6% per year on average. In 2021, Beninese imports ranked 125th in the world, with Saint Lucia ahead at $1.8 million. Germany, France and the UK were numbers 2, 3 and 4 respectively. Exports of Beninese chocolate are predicted to reach $39,830 by 2026, a 1.8% increase from 2021. Since 2003, Beninese supply has declined by 7.1% each year on average. In 2021, Beninese exports ranked 110th in the world, with Albania at $35,870. Belgium, Italy and the Netherlands were numbers 2, 3 and 4 respectively.
