Indonesia's cocoa butter exports to China have shown overall growth from 2013 to 2023, increasing from 1.87 thousand metric tons in 2013 to 6.77 thousand metric tons in 2023. The year-on-year variation for 2022 was 4.38%, and for 2023 the increase was 4.15%. The compound annual growth rate (CAGR) over the last five years was 2.63%. Notably, in recent years, growth has stabilized, with smaller year-on-year changes indicating a maturing market.
Looking forward, the forecasted data from 2024 to 2028 suggests a continued growth trend, with a forecast CAGR of 2.81% over the next five years, indicating a 14.84% increase in this period. Trends to watch include potential market shifts due to changing consumer preferences, regulatory changes, and broader economic factors impacting trade relations between Indonesia and China.
