The import of cocoa paste to Brazil in 2023 stood at 26.553 million USD. In 2024, the value is forecasted to be 26.921 million USD, indicating a 1.4% year-on-year increase. For 2025, the forecasted value is 27.224 million USD, a further 1.1% increase. In 2026, this figure is expected to rise to 27.521 million USD, marking another 1.1% increase. By 2027, the anticipated value is 27.811 million USD, reflecting a 1.1% rise, and in 2028, the value is projected to reach 28.096 million USD, again showing a 1.0% increase year-on-year. The compound annual growth rate (CAGR) over the forecasted period (2024-2028) is approximately 1.1%.
Future trends to watch for include:
• Volatility in global cocoa production and prices due to climate change and political instability in key producing regions.
• Shifts in consumer preferences towards sustainably sourced cocoa products.
• Potential trade regulations and tariffs affecting import costs and supply chains.
