The forecasted import of cocoa paste to Norway indicates a slight declining trend from 2024 to 2028. The value stands at 11.184 million USD in 2024 and gradually decreases each year to reach 10.817 million USD by 2028. This represents a consistent year-on-year reduction. In 2023, the value was higher at 11.2 million USD. The year-on-year percentage variation shows a decrease of approximately 0.84% from 2024 to 2025, 0.84% from 2025 to 2026, 0.83% from 2026 to 2027, and 0.82% from 2027 to 2028. The average annual compound growth rate (CAGR) over this five-year forecast period is approximately -0.83%.
Future trends to watch for include fluctuations in global cocoa supply, changes in consumer demand for chocolate and cocoa products in Norway, potential trade policy adjustments, and variations in foreign exchange rates, all of which could impact import volumes and values.
