From 2010 to 2020, the price per unit of wholesale chocolate and cocoa food preparations in Portugal showcased a fluctuating trend with a slight overall increase. In 2010, the price was 3.45 Euros per kilogram, peaking at 3.96 Euros in 2020, marking a notable rise over the decade. Over the last two surveyed years (2018-2020), the yearly growth rate was steady, with a 6.45% increase between 2019 and 2020, and a 3.23% rise the previous year. The compound annual growth rate (CAGR) for the 2016-2020 period was approximately 1.36%, highlighting moderate annual growth.
The future of wholesale chocolate and cocoa prices in Portugal is expected to be influenced by global market dynamics, such as changes in cocoa production in key regions and potential economic shifts affecting trade and commodity prices. Monitoring these factors will be crucial for anticipating market changes and pricing strategies.
