As of 2023, the import of cocoa butter, fat, and oil to France stood at approximately 86.981 million kilograms. The forecast for 2024 is 88.644 million kilograms, indicating a moderate year-on-year increase. The upward trend is anticipated to continue through 2028, reaching 95.293 million kilograms, reflecting a consistent annual growth rate. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected at around 1.77%, showcasing a stable demand.
Future trends to watch for include:
- Global supply chain dynamics and disruptions due to geopolitical factors.
- Fluctuations in global cocoa production affecting import volumes.
- Growing demand for premium chocolate and cocoa-based products.
- Potential regulatory changes in food imports within the EU.