The demand for cocoa beans in Italy has shown a consistent upward trend from 2014 to 2023, reaching 139,000 metric tons in 2023. The year-on-year growth varied, with significant increases seen in the earlier years and more modest increases in recent years. For instance, the demand grew by 7.27% in 2015 but only by 0.72% in 2023. Over the last five years (2019-2023), the CAGR is 1.19%, indicating a steady but slow growth in demand. The forecasted CAGR for the next five years (2024-2028) is slightly lower at 0.84%, suggesting continued growth but at a reduced pace.

Future trends to watch for:

Impact of sustainability practices on cocoa bean sourcing and its influence on demand.
Consumer preferences for chocolate and cocoa-based products, including health trends and premium segment growth.
Changing economic conditions and their effect on consumer spending power and thus demand for cocoa beans.