The import of cocoa butter, fat, and oil to France is projected to gradually increase from 76.444 million kilograms in 2024 to 79.13 million kilograms in 2028. This represents an average annual growth of about 0.87% over the five-year forecast period. Compared to the estimated import in 2023, which saw similar figures, the upcoming years suggest a steady upward trend.
Notably, the year-on-year variation between 2024 and 2028 shows consistent growth, indicative of a stable market demand in France. The compounded annual growth rate (CAGR) of 0.87% over these years reflects a modest, yet continuous increase in imports.
Future trends to watch for include potential changes in global cocoa supply chains, impacts of climate change on cocoa production, and evolving consumer preferences towards sustainable and ethically sourced products, which may influence import volumes and sourcing strategies.