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September 10, 2025

Import Dependency in India’s Cocoa Sector: Patterns, Partners, and Post-pandemic Projections (2014–2023)

Key Points

Increasing import volumes are projected for India's cocoa sector, demonstrating recovery post-pandemic disruptions.
Data analysis revealed that India heavily relies on imports, primarily from Ghana, Uganda, and the Dominican Republic.
Growth rate analysis and CAGR techniques were utilized to forecast future cocoa import trends in India.
The findings highlight the need for strategic policy recommendations to enhance domestic cocoa production sustainability.

Abstract

Abstract: This research explores India's dependency on cocoa bean imports over a ten-year period (2014–2023), focusing on trade volumes, country-wise sourcing patterns, and forecasting future trends up to 2028. With domestic production unable to meet growing demand in the chocolate and confectionery industry, India relies heavily on imports from countries such as Ghana, Uganda, Madagascar, Congo, and the Dominican Republic. Using secondary data, this study applies growth rate analysis, Compound Annual Growth Rate (CAGR), and forecasting techniques to understand import dynamics and predict future trends. The findings suggest that while pandemic disruptions impacted trade, there is a robust recovery with increasing import volumes expected. Strategic policy recommendations are provided to manage dependency and enhance domestic cocoa production.

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Cite This Study

Chitradevi et al. (Thu,) studied this question.

synapsesocial.com/papers/68c1a27254b1d3bfb60dde0f https://doi.org/https://doi.org/10.36948/ijfmr.2025.v07i01.52733

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