Saudi Arabia - Cocoa Powder (Containing Added Sugar) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cocoa Powder with Sugar in Saudi Arabia - 2021
Contents:
- Price for Cocoa Powder with Sugar in Saudi Arabia (FOB) - 2022
- Price for Cocoa Powder with Sugar in Saudi Arabia (CIF) - 2022
- Exports of Cocoa Powder with Sugar in Saudi Arabia
- Imports of Cocoa Powder with Sugar in Saudi Arabia
Price for Cocoa Powder with Sugar in Saudi Arabia (FOB) - 2022
In 2022, the average cocoa powder with sugar export price amounted to $4,662 per ton, waning by -3.4% against the previous year. Overall, the export price, however, continues to indicate a notable increase. The pace of growth was the most pronounced in 2014 an increase of 49%. Over the period under review, the average export prices hit record highs at $6,900 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($6,522 per ton), while the average price for exports to the United Arab Emirates ($1,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cocoa Powder with Sugar in Saudi Arabia (CIF) - 2022
In 2020, the average cocoa powder with sugar import price amounted to $4,332 per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2016 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $4,410 per ton. From 2017 to 2020, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Turkey ($4,956 per ton), while the price for the United States totaled $4,178 per ton.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Turkey (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cocoa Powder with Sugar in Saudi Arabia
In 2022, approx. 829 tons of cocoa powder (containing added sugar) were exported from Saudi Arabia; with an increase of 14% against the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 295% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, cocoa powder with sugar exports reached $3.9M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 441%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Cocoa Powder with Sugar in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 1,253 | 4.7 | N/A | 3,155 | 36.0% |
| United Arab Emirates | 235 | 315 | 81.9 | 306 | 9.2% |
| Iraq | 243 | 72.8 | 98.3 | 200 | -6.3% |
| Bahrain | 186 | 94.1 | 29.2 | 150 | -6.9% |
| Yemen | 32.0 | 3.3 | 36.2 | 53.4 | 18.6% |
| Jordan | 122 | N/A | N/A | N/A | 0% |
| Sudan | N/A | 45.3 | 26.9 | N/A | -40.6% |
| Others | 30.3 | 115 | 3,244 | N/A | 934.7% |
| Total | 2,102 | 650 | 3,516 | 3,864 | 22.5% |
Top Export Markets for Cocoa Powder with Sugar from Saudi Arabia in 2022:
- Kuwait (483.7 tons)
- United Arab Emirates (174.7 tons)
- Iraq (78.4 tons)
- Bahrain (68.7 tons)
- Yemen (23.3 tons)
Imports of Cocoa Powder with Sugar in Saudi Arabia
In 2020, the amount of cocoa powder (containing added sugar) imported into Saudi Arabia reduced dramatically to 867 tons, with a decrease of -69.6% compared with 2019 figures. Over the period under review, imports recorded a dramatic slump.
In value terms, cocoa powder with sugar imports shrank remarkably to $3.8M in 2020. Overall, imports recorded a precipitous decline.
| Import of Cocoa Powder with Sugar in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Turkey | 3.9 | 1.6 | -59.0% | ||
| United States | 0.4 | 0.7 | 75.0% | ||
| Spain | 0.3 | N/A | 0% | ||
| Malaysia | 0.8 | N/A | 0% | ||
| France | 0.5 | N/A | 0% | ||
| United Arab Emirates | 1.5 | N/A | 0% | ||
| Egypt | 1.1 | N/A | 0% | ||
| Others | 4.0 | 1.5 | -62.5% | ||
| Total | 12.5 | 3.8 | -69.6% | ||
Top Suppliers of Cocoa Powder with Sugar to Saudi Arabia in 2022:
- Turkey (317.0 tons)
- United States (171.0 tons)
This report provides an in-depth analysis of the market for cocoa powder with sugar in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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