In 2023, the cocoa imports in the U.S. stood at approximately 2.57 billion pounds. Forecasts show a steady increase in imports from 2.59 billion pounds in 2024 to 2.68 billion pounds by 2028. The consistent rise marks a compound annual growth rate (CAGR) of 0.83%. The year-on-year increases are modest, reflecting stable demand for cocoa in the U.S. as chocolate and confectionery consumption continues to be a staple.
Future trends to watch for include shifting consumer preferences toward premium and sustainable cocoa, the impact of climate change on cocoa-producing regions, and potential trade policy changes affecting import volumes.
