Thailand's forecasted import of cocoa paste shows a steady decline from 2024 to 2028. The trend indicates a transition from $5.9605 million in 2024 to $4.6569 million in 2028. This represents a year-on-year decrease of 5.64% from 2024 to 2025, 5.85% from 2025 to 2026, 6.07% from 2026 to 2027, and 6.35% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period stands at a negative 6.02%.
Future trends to watch for:
- Thailand's domestic cocoa production capabilities and any expansions in this sector.
- Changes in consumer preferences and demand for cocoa-based products.
- Fluctuations in global cocoa prices and supply chain dynamics.
- Trade policies and import regulations that could impact cocoa paste imports.