Analysis reveals fluctuations in cocoa bean exports from India, indicating a potential for growth driven by global demand.
This study examines the export performance of cocoa beans from India over a ten-year period (2014–2023), focusing on trade trends, growth patterns, and forecasting future exports. Using secondary data from reliable sources such as UN COMTRADE and the Ministry of Commerce and Industry, India, the study evaluates the Compound Annual Growth Rate (CAGR), growth rates, and applies forecasting models to estimate export volumes up to 2028. The findings reveal significant fluctuations influenced by global demand, domestic production capacity, and pandemic-related disruptions. Despite negative CAGR values in most export destinations, forecasts indicate a positive outlook, driven by increasing global demand and improved trade practices. Strategic interventions are suggested to enhance India's competitiveness in the global cocoa market.
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