The unsweetened cocoa powder market in Romania experienced a declining trend from 2013 to 2023. The market value decreased from 20.642 million Euros in 2013 to 17.356 million Euros in 2023. Over the last two years, the market shrank by approximately 2.56% annually. The last five years saw an average annual decline rate (CAGR) of around 1.72%. Despite slight positive growth in 2019, the overall trend indicates contraction, especially notable since 2016.
Future trends to watch for include potential market stabilization driven by increased consumer interest in health-conscious products and sustainability in cocoa production, which could moderate the decline or lead to market growth.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 96,996,000 | 2023 | +1.81% | +1.73% | View data |
| 2 | 2 United Kingdom | 38,100,000 | 2023 | -0.93% | -0.12% | View data |
| 3 | 3 Romania | 17,356,000 | 2023 | -2.56% | -1.72% | |
| 4 | 4 Greece | 15,506,000 | 2023 | -1.54% | -2.33% | View data |
| 5 | 5 Denmark | 10,103,000 | 2023 | -2.54% | +2.79% | View data |
