By the end of 2023, Italy's import of cocoa butter, fat, and oil was approximately 35 million kilograms. The forecast shows a steady growth from 2024 through 2028, with imports rising to 39.498 million kilograms by the end of the period. Year-on-year growth is modest, averaging around 2.12% over the five years as indicated by the CAGR. This trend underscores a consistent demand for cocoa-based products in Italy.
Future trends to watch:
- Potential impacts of global supply chain disruptions on cocoa imports.
- Italy's evolving consumer preferences for chocolate and confectionaries.
- Changes in trade policies, affecting import tariffs or regulations.
