As of 2023, the import value of cocoa butter, fat, and oil to the US stood at approximately 690 million USD. The forecasted data from 2024 to 2028 indicates a steady growth pattern, with values increasing from 704.67 million USD in 2024 to 757.71 million USD in 2028. This reflects a consistent year-on-year growth averaging around 2% per year, translating to a 5-year compound annual growth rate (CAGR) of approximately 1.9%.
Future trends to watch for include potential impacts from global supply chain shifts, variations in consumer demand for chocolate products, and economic factors affecting importation costs. Monitoring sustainability practices in cocoa production may also influence future import trends.
