The forecasted data for cocoa paste not defatted imports to Germany indicates a marginal decline over the period of 2024 to 2028. Starting at 58.052 million kilograms in 2024, the imports are expected to gradually reduce to 56.597 million kilograms by 2028, demonstrating a consistent slight annual decline. Based on the forecast, a year-on-year variation of around -0.648% can be observed.
For context, in 2023, Germany's imports of this commodity amounted to approximately 58.5 million kilograms, indicating a small initial drop moving into the forecast period. Over the five-year period, the compound annual growth rate (CAGR) reflects an average annual decrease of about -0.646%.
Future trends to watch for include:
- Global cocoa production levels, which could impact supply and pricing dynamics.
- Germany's domestic demand for chocolate and related products, potentially affecting import volumes.
- Regulatory changes affecting imports, such as new trade agreements or tariffs.