The import of cocoa beans to Brazil is expected to increase steadily from 2024 to 2028. The forecasted values show an incremental rise from 71.099 million kilograms in 2024 to 77.706 million kilograms in 2028. The imports stood at 69.548 million kilograms in 2023. Year-on-year variations suggest an increase of approximately 2.4% to 2.5% per annum. Over the last two years (2022-2023), the imports showed a similar rising trend. The Compound Annual Growth Rate (CAGR) for the five-year forecasted period from 2024 to 2028 is around 2.2%.
Future trends to watch for:
- Global cocoa supply chain disruptions that may impact import stability.
- Fluctuations in international cocoa prices influencing import volumes.
- Domestic policy changes affecting import tariffs and duties.
- Increasing local demand for cocoa products driving higher imports.
