The import of sweetened cocoa powder to the US is forecasted to increase steadily from 73.694 million kilograms in 2024 to 76.57 million kilograms in 2028. This growth represents a year-on-year increase in volume of approximately 1% to 1.5%. By 2023, the import volume stood at 72.972 million kilograms, making the projected CAGR for 2024-2028 approximately 1.2%. This indicates a slight yet consistent rise in imports over the five-year forecast period.
Future trends to watch for:
- Changes in consumer preferences towards healthier diets could affect sweetened cocoa powder demand.
- Trade policies and tariffs that alter import conditions could impact market dynamics.
- Potential innovations in cocoa products might influence market demand and import trends.