In 2023, the import of cocoa paste to China stood at an actual value of $91 million USD. From 2024 onwards, the forecasted data reflects a steady upward trend, with values reaching $101.5 million USD by 2028. The year-on-year growth rate averages around 1.98%, indicating a consistent but modest increase in imports. The five-year compound annual growth rate (CAGR) is expected to stabilize around 2.20%.
Future trends to watch include:
- Potential shifts in consumer demand for chocolate products in China.
- Trade policy changes affecting cocoa imports.
- Fluctuations in global cocoa prices impacting import volumes and values.
- Investment in local cocoa-related production influencing import needs.
