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Saudi Arabia - Confectionery - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Confectionery Market 2022

Confectionery Market Size in Saudi Arabia

The saudi confectionery market rose sharply to $X in 2021, surging by X% against the previous year. this figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, consumption decreased by -X% against 2019 indices.Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Confectionery Production in Saudi Arabia

In value terms, confectionery production totaled $X in 2021 estimated in export price.Overall, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, production decreased by -X% against 2018 indices.The pace of growth appeared the most rapid in 2017 when the production volume increased by X the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Confectionery Exports

Exports from Saudi Arabia

In 2021, approx. X tons of confectionery were exported from saudi arabia; shrinking by -X% against 2020.Overall, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, exports increased by +X% against 2019 indices.The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year.Over the period under review, the exports hit record highs at X tons in 2020, and then fell in the following year.

In value terms, confectionery exports stood at $X in 2021.In general, total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, exports decreased by -X% against 2018 indices.The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year.The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for confectionery exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Oman stood at +X%.

From 2012 to 2021, the average annual growth rate of value to Oman totaled +X%.

Export Prices by Country

The average confectionery export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to +X% per year.

Confectionery Imports

Imports into Saudi Arabia

In 2021, approx. X tons of confectionery were imported into saudi arabia; growing by X% against the year before.The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, confectionery imports amounted to $X in 2021.The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period.Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Oman (X tons) was the main confectionery supplier to Saudi Arabia, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman totaled +X%.

In value terms, Oman ($X) constituted the largest supplier of confectionery to Saudi Arabia.

From 2012 to 2021, the average annual rate of growth in terms of value from Oman totaled +X%.

Import Prices by Country

The average confectionery import price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Oman.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to +X% per year.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for confectionery in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 32% share of global consumption. Pakistan, japan, bangladesh, indonesia, brazil, russia, nigeria and mexico lagged somewhat behind, together accounting for a further 21%.

What are the largest producers of confectionery in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, together accounting for 30% of global production. These countries were followed by Germany, Pakistan, Indonesia, Japan, Brazil, Russia, Mexico, Nigeria and Ethiopia, which together accounted for a further 24%.

What are the leading suppliers of confectionery to Saudi Arabia?

In value terms, Oman constituted the largest supplier of confectionery to Saudi Arabia.

What is the average export price for confectionery in Saudi Arabia?

In 2021, the average confectionery export price amounted to $2,496 per ton, picking up by 6.3% against the previous year.

What is the average import price for confectionery in Saudi Arabia?

The average confectionery import price stood at $4,381 per ton in 2021, falling by -2.2% against the previous year.

This report provides an in-depth analysis of the confectionery market 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 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

• Prodcom 10821200 - Cocoa butter, fat and oil

• Prodcom 10821300 - Cocoa powder, not containing added sugar or other sweetening matter

• Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter

• Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of

• Prodcom 10822150 - Chocolate milk crumb containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg

• Prodcom 10822170 - Chocolate flavour coating containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg

• Prodcom 10822190 - Food preparations containing <18 % of cocoa butter and in packings weighing > 2 kg (excluding chocolate flavour coating, chocolate milk crumb)

• Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)

• Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)

• Prodcom 10822239 - Chocolate blocks, slabs or bars (excluding filled, with added cereal, fruit or nuts, chocolate biscuits)

• Prodcom 10822243 - Chocolates (including pralines) containing alcohol (excluding in blocks, slabs or bars)

• Prodcom 10822245 - Chocolates (excluding those containing alcohol, in blocks, s labs or bars)

• Prodcom 10822253 - Filled chocolate confectionery (excluding in blocks, slabs or bars, chocolate biscuits, chocolates)

• Prodcom 10822255 - Chocolate confectionery (excluding filled, in blocks, slabs or bars, chocolate biscuits, chocolates)

• Prodcom 10822260 - Sugar confectionery and substitutes therefor made from sugar substitution products, containing cocoa (including chocolate nougat) (excluding white chocolate)

• Prodcom 10822270 - Chocolate spreads

• Prodcom 10822280 - Preparations containing cocoa for making beverages

• Prodcom 10822290 - Food products with cocoa (excluding cocoa paste, butter, p owder, blocks, slabs, bars, liquid, paste, powder, granular, o ther bulk form in packings > 2 kg, to make beverages, c hocolate spreads)

• Prodcom 10822310 - Chewing gum

• Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances

• Prodcom 10822330 - White chocolate

• Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)

• Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)

• Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)

• Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)

• Prodcom 10822373 - Boiled sweets

• Prodcom 10822375 - Toffees, caramels and similar sweets

• Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)

• Prodcom 10822390 - Sugar confectionery, n.e.c.

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance