In 2023, Romania's unsweetened cocoa powder market stood at 6.6185 million kilograms, marking a marginal rise from the previous year, with a year-on-year increase of 1.06%. This contrasts with 2022’s significant 10.58% rise, and follows several years of fluctuating trends. From 2019-2023, the compound annual growth rate (CAGR) was 0.66%, showing a relatively stable market with moderate annual growth over the past five years.
Future trends to watch:
- The ongoing focus on health and wellness could increase demand for unsweetened cocoa powder due to its natural antioxidant properties.
- Watch for fluctuations in global cocoa supply, which could impact pricing and market size.
- Potential influence of innovative cocoa-based products and changing consumer preferences.
How does Romania 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% | |
| 6 | 6 Greece | 5,417,100 | 2023 | +2.03% | +3.31% | View data |
| 7 | 7 Sweden | 5,398,800 | 2023 | -1.65% | -4.71% | View data |
