The forecast for China's exports of cocoa and cocoa preparations suggests a steady year-on-year growth from 2024 to 2028. In 2023, the exports stood at a significant value, possibly lower than the 2024 forecast of 427.69 million USD. The year-on-year increase indicates a growth rate of about 1.6% to 1.9%, with a cumulative annual growth rate (CAGR) of approximately 1.4% over the five-year forecast period.
Future trends to watch for include:
- Global demand shifts for cocoa and derived products due to changing consumer preferences and dietary trends.
- Trade policy changes between China and major cocoa-importing regions.
- Technological advancements in processing and export logistics that could enhance competitiveness.