The import volume of cocoa paste not defatted to Brazil is projected to follow a declining trend from 2024 onwards. Starting from 296.01 million kg in 2024, imports are expected to decrease by 7.65% in 2025 to 273.38 million kg, continue dropping by 8.1% in 2026 to 251.2 million kg, then by 8.66% in 2027 to 229.47 million kg, and finally by 9.21% to 208.18 million kg in 2028. The average year-on-year decline over this five-year period is forecasted to be approximately -8.4% annually.
Future trends to watch for:
- Changes in Brazilian demand for cocoa-based products.
- Global cocoa supply fluctuations and price volatility.
- Emerging trends in sustainable and ethical sourcing impacting supply chains.
- Political and economic shifts in key cocoa-exporting countries.
