In 2023, the volume of Cocoa Powder and Cocoa Cake exported to Thailand from the Netherlands stood at 599 metric tons. The year-on-year variation for the past two years shows a relatively stable growth, with only slight increases: 1.37% in 2022 and 1.18% in 2023. Notably, the Compound Annual Growth Rate (CAGR) over the last five years was 3.85%, indicating moderate but steady growth. The data reveals that exports have been trending upward since 2013, with significant increases in 2014 and 2018, followed by relatively stable growth in recent years.

Future trends to watch for:

The forecasted CAGR over the next five years (2024-2028) is 0.91%, which suggests that growth will continue at a decelerated pace.
Watch for potential market changes that may impact trade relationships between the Netherlands and Thailand.
Consider external factors such as global trade policies, consumer preferences, and potential supply chain disruptions that may influence export volumes.