In 2023, Brazil's cocoa bean production stood at 222.0 thousand metric tons. The forecast indicates a declining trend from 2024 to 2028, with an annual decrease of approximately 2-3% year-on-year, reaching 207.8 thousand metric tons by 2028. This represents a Compound Annual Growth Rate (CAGR) of about -1.7% for the five-year forecast period.

Future trends to watch for:

Climate change impacts on cocoa bean yields and production consistency.
A shift towards sustainable and ethical cocoa farming practices.
Potential fluctuations in global cocoa demand affecting Brazilian exports.
Technological advancements in agriculture that may mitigate production declines.