The import of cocoa beans to China in 2023 stood at 29.881 million kilograms, indicating a -0.74% year-on-year variation compared to 2022. Examining the historical data, we observe a general downward trend from 2013 to 2017, followed by modest fluctuations from 2018 to 2023. The last five years show a minor declining trend with a CAGR of -1.7%. Looking ahead, forecasts indicate a continued gradual decline in imports, with the projected import volume for 2028 being 28.715 million kilograms and a forecasted CAGR of -0.63% over the next five years.
Future trends to watch for include potential shifts in global cocoa supply chains, changes in consumer preferences towards cocoa products, and the impact of China's domestic agricultural policies on imports. Additionally, economic fluctuations and the potential for increased production capacities in cocoa-exporting countries could influence import volumes.
