The import value of non-defatted cocoa paste to the US is forecasted to steadily increase from $155.35 million in 2024 to $170.75 million by 2028. This represents a compounded annual growth rate (CAGR) of approximately 2.39% over the five-year forecast period. With no specific data available for 2023, the focus remains on the consistent upward trend projected in the coming years.
Future trends to watch for include:
- Fluctuations in cocoa bean prices due to global supply chain dynamics.
- Changes in consumer demand for chocolate and related products in the US market.
- Potential impacts of trade policies or tariffs on cocoa imports.
