From 2013 to 2023, the unsweetened cocoa powder market size in Croatia consistently declined, dropping from 1.5108 million kilograms to 1.1283 million kilograms by 2023. The decade-long trend showed varying degrees of decline, with the most significant year-on-year drop of 7.18% occurring in 2020. The compound annual growth rate (CAGR) over the past five years from 2018 to 2023 was -2.93%, reflecting a sustained decrease in market size.
Future trends to watch for include:
- Potential shifts in consumer preference toward healthier or alternative options.
- Economic factors that might affect disposable income and luxury food consumption.
- Possible market expansion through product innovation or increased exports.
How does Croatia rank in Unsweetened Cocoa Powder Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36,533,000 | 2023 | +2.8% | +2.88% | View data |
| 2 | 2 Poland | 29,298,000 | 2023 | +2.78% | +2.04% | View data |
| 3 | 3 Belgium | 21,051,000 | 2023 | +1.8% | +1.66% | View data |
| 4 | 4 Hungary | 7,988,700 | 2023 | +0.83% | -0.39% | View data |
| 5 | 5 Romania | 6,618,500 | 2023 | +1.06% | +0.66% | View data |
| 8 | 8 Slovakia | 2,731,000 | 2023 | +1.66% | +2.48% | View data |
| 9 | 9 Denmark | 1,925,800 | 2023 | -2.53% | -1.09% | View data |
| 10 | 10 Croatia | 1,128,300 | 2023 | -1.16% | -2.93% | |
| 11 | 11 Lithuania | 988,180 | 2023 | +2.38% | +2.81% | View data |
| 12 | 12 Finland | 758,820 | 2023 | -2.44% | +3.66% | View data |
