The wholesale chocolate and cocoa food preparations market in Portugal showed moderate growth from 2013 to 2023, reaching 9.0542 million kilograms in 2023. Over the last decade, the market exhibited fluctuations characterized by a notable peak in 2018 with a 22.7% increase, followed by slight declines in 2019 and 2020. The recent years have seen stabilization, with modest growth leading to 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was notably low, at only 0.63%, indicating a slowing growth trajectory over these few years.
Future trends to watch:
- Increasing consumer preference for healthy chocolate options might shape the market.
- Technological advancements in production could enhance efficiency and market capacity.
- Sustainability initiatives may drive shifts in sourcing and production methods.
How does Portugal rank in Wholesale Chocolate and Cocoa Food Preparations Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 320,200,000 | 2023 | +3.22% | +1.57% | View data |
| 2 | 2 Germany | 311,030,000 | 2023 | +3.08% | +0.87% | View data |
| 3 | 3 Spain | 157,250,000 | 2023 | +4.12% | +4.81% | View data |
| 4 | 4 Greece | 14,818,000 | 2023 | +5.05% | +2% | View data |
| 5 | 5 Lithuania | 13,914,000 | 2023 | +4.39% | +6.46% | View data |
| 6 | 6 Sweden | 12,429,000 | 2023 | +2.12% | +2.78% | View data |
| 7 | 7 Portugal | 9,054,200 | 2023 | +3% | +0.63% |
