The import of cocoa paste, wholly or partly defatted, to China is expected to steadily increase from 2024 to 2028. In 2023, the actual import stood at a lower value compared to 2024's forecast of 8.5066 million kilograms. Each subsequent year from 2024 shows a year-on-year growth, with import volumes forecasted to reach 10.002 million kilograms by 2028. This indicates a consistent upward trend highlighting a strong and growing demand for cocoa paste in China.
Future trends to watch for include:
- Potential changes in consumer preferences for cocoa products, impacting demand.
- China’s economic policies on food imports, which could affect supply chains.
- International trade agreements or disputes affecting cocoa trade dynamics.