The Cocoa Butter, Fat and Oil market in Portugal has shown consistent growth, with consumption reaching 555.95 thousand kilograms in 2023. Despite a minor decline in 2018, the market depicted a stable upward trajectory with an average annual growth rate of 2.32% over the last five years. The growth in the past two years marked increases by 2.15% and 2.06% year-on-year, suggesting a stable demand.
Future trends to watch for include:
- Potential impacts of health trends on consumption patterns.
- Influence of global supply chain dynamics.
- Technological advancements in production and its effect on market supply.
How does Portugal rank in Cocoa Butter, Fat and Oil Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 152,480,000 | 2023 | +0.98% | +0.68% | View data |
| 2 | 2 Belgium | 106,280,000 | 2023 | +2.83% | +2.77% | View data |
| 3 | 3 Poland | 48,939,000 | 2023 | +5.65% | +7.97% | View data |
| 4 | 4 Italy | 37,033,000 | 2023 | +3.56% | +3.16% | View data |
| 5 | 5 Spain | 23,135,000 | 2023 | +3.68% | +3.03% | View data |
| 6 | 6 Sweden | 6,437,900 | 2023 | +0.11% | +0.17% | View data |
| 7 | 7 Portugal | 555,950 | 2023 | +2.06% | +2.32% |
