The demand for cocoa beans in France reached 222 thousand metric tons in 2023. Historical data indicates considerable fluctuations, with a significant drop in 2015 but a general upward trend since 2016. The year-on-year demand variation in 2023 was 0.91%. Over the last five years (2019-2023), there was an average annual growth rate (CAGR) of 0.46%. Forecasted data suggests continued growth, with the demand projected to reach 230 thousand metric tons by 2028, indicating a five-year CAGR of 0.53% and a total forecasted growth rate of 2.68%.
Future trends to watch for include potential impacts of climate change on cocoa production, shifts in consumer preferences towards sustainable and ethically sourced cocoa, and possible regulatory changes affecting the cocoa supply chain. Monitoring these trends will be essential for stakeholders in the cocoa market.
