The Cocoa Butter, Fat and Oil market in Portugal has demonstrated a steady growth trend from 2013 to 2023, with the volume per capita increasing from 0.039 kilograms to 0.054 kilograms in 2023. This represents a gradual year-on-year increase, notably with increments in 2022 by 1.92% and in 2023 by 1.89%. Over the last five years, the compound annual growth rate (CAGR) stands at approximately 1.91%, indicating a stable, albeit modest, growth trajectory in consumption.
Looking ahead, potential future trends include emerging health-conscious consumer preferences that may impact consumption patterns and the availability of sustainable and ethically sourced products possibly driving demand further. Economic conditions and changes in consumer behavior will also be crucial in sustaining this growth path.
How does Portugal rank in Cocoa Butter, Fat and Oil Market Size Volume Per Capita?
| # | 7 Countries | Kilograms Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 9.43 | 2023 | View data |
| 2 | 2 Germany | 1.83 | 2023 | View data |
| 3 | 3 Poland | 1.33 | 2023 | View data |
| 4 | 4 Italy | 0.65 | 2023 | View data |
| 5 | 5 Sweden | 0.62 | 2023 | View data |
| 6 | 6 Spain | 0.48 | 2023 | View data |
| 7 | 7 Portugal | 0.054 | 2023 |
