Middle East: White Chocolate Market 2020

White Chocolate Market Size in Middle East

The revenue of the white chocolate market in Middle East amounted to $X in 2017, going down by -X% against the previous year. The white chocolate consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when market value increased by X% against the previous year. Over the period under review, the white chocolate market attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

White Chocolate Production in Middle East

The white chocolate production stood at X tons in 2017, remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013, when the output figure increased by X% year-to-year. Over the period under review, the white chocolate production attained its peak figure volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

White Chocolate Exports in Middle East

The exports amounted to X tons in 2017, increasing by X% against the previous year. The total exports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the white chocolate exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the white chocolate exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, white chocolate exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

White Chocolate Exports by Country in Middle East

Turkey dominates white chocolate exports structure, reaching X tons, which was near X% of total exports in 2017. Saudi Arabia (X tons), Kuwait (X tons), the United Arab Emirates (X tons), Yemen (X tons), Jordan (X tons) and Oman (X tons) held the minor share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Oman (+X%), Jordan (+X%), Kuwait (+X%) and Yemen (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Saudi Arabia (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. The United Arab Emirates (X%) and Saudi Arabia (X%) significantly strengthened its position in terms of the global exports, while Oman, Jordan, Kuwait and Turkey saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest white chocolate supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Saudi Arabia, with a X% share.

In Turkey, white chocolate exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Saudi Arabia (-X% per year).

White Chocolate Export Prices by Country in Middle East

In 2017, the white chocolate export price in Middle East amounted to $X per ton, declining by -X% against the previous year. The white chocolate export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the export prices for white chocolate attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Jordan ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

White Chocolate Imports in Middle East

In 2017, approx. X tons of white chocolate were imported in Middle East; declining by -X% against the previous year. The total imports indicated a perceptible growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the white chocolate imports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2010, when imports increased by X% y-o-y. Over the period under review, the white chocolate imports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, white chocolate imports amounted to $X in 2017. The white chocolate imports continue to indicate a prominent growth. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

White Chocolate Imports by Country in Middle East

In 2017, the United Arab Emirates (X tons), Saudi Arabia (X tons), Iraq (X tons), Jordan (X tons), Israel (X tons) and Yemen (X tons) were the largest importers of white chocolate in Middle East, committing X% of total import. The following importers - Lebanon (X tons), Kuwait (X tons), Turkey (X tons), Iran (X tons), Palestine (X tons) and Oman (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Iraq, Jordan, Kuwait, Yemen, Palestine, Lebanon, Oman, Turkey and Iran, which together accounted for a further X%.

Among the main importing countries , Oman (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

White Chocolate Import Prices by Country in Middle East

In 2017, the white chocolate import price in Middle East amounted to $X per ton, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when the import prices increased by X% against the previous year. Over the period under review, the import prices for white chocolate reached its peak figure level in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kuwait ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform