Forecast: Import of Chocolate and Other Food Preparations Containing Cocoa Weighing More Than 2 Kg to the UK

The import of chocolate and other food preparations containing cocoa, weighing more than 2 kg into the UK, is forecasted to show a gradual increase over the years from 2024 to 2028. In 2023, the volume stood at approximately 55.5 million kilograms. The year-on-year percentage variation indicates steady growth each year: 0.30% from 2024 to 2025, 0.29% from 2025 to 2026, 0.29% from 2026 to 2027, and 0.28% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is approximately 0.29%, suggesting a consistent upward trend.

Future trends to watch include:

• The impact of global cocoa supply chain dynamics and commodity price fluctuations on import volumes.
• Trends in consumer preferences towards premium or sustainable chocolate products.
• The influence of trade agreements and tariffs post-Brexit on import volumes and source countries.
• Evolving health trends and the growth of alternative cocoa products that could affect traditional cocoa imports.