In 2023, the cocoa beans import volume in Germany stood at an actual figure of 587.4 thousand metric tons. Based on the forecasted data, a steady increase is expected with a year-on-year growth rate of approximately 1.34% for 2024. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is projected to be around 1.23%, reaching 625.0 thousand metric tons by 2028.
Future trends to watch for include:
- Fluctuations in global cocoa supply and demand dynamics.
- Potential impacts of climate change on cocoa production regions.
- Technological advances in cocoa cultivation and processing.
- Shifts in consumer preferences towards sustainable and ethically sourced cocoa products.