Cocoa butter exports from Brazil to Canada varied significantly from 2013 to 2023. In 2013, exports stood at 596 Metric Tons. They saw a drastic decline in 2016 at 34 Metric Tons. From 2017 onwards, exports grew steadily, achieving notable spikes in 2020 at 1,220 Metric Tons and standing at 1,010 Metric Tons in 2023. The CAGR over the last two years was 5.42%. Meanwhile, the average annual growth rate over the past 5 years was a remarkable 49.39%.

Future forecasts suggest a continued, though moderated, growth with an average CAGR of 3.51% over the next five years, growing to 1,260 Metric Tons by 2028.

Future trends to watch for include:

Potential market resistance or saturation affecting growth rates.
Variations in global cocoa production impacting supply chain stability.
Economic trends in both Canada and Brazil, especially with regards to import-export policies and trade agreements.