Austria’s cocoa beans import volume in 2023 stood at 31.5 thousand metric tons. Forecasted data indicates a steady rise with imports reaching 32.0 thousand metric tons in 2024, then increasing incrementally to 35.0 thousand metric tons by 2028. The year-on-year growth from 2024 to 2025 is expected to be 3.1%, while the growth from 2025 to 2026 will stabilize at 0%. Subsequent years will see an annual increase of around 3%. The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) is approximately 2.67%.
Future trends to watch for:
- Global cocoa production and supply chain dynamics that might affect import volumes
- Domestic demand changes in Austria, particularly in the chocolate and confectionery industries
- Impact of sustainability practices and regulations on cocoa importation
- Currency exchange rates influencing import costs and trade agreements within the EU