Key Market Indicators
The import of chocolate into Saudi Arabia is expected to reach $648 million by 2026, up from $576 million in 2021. This represents an average annual growth rate of 2%. Since 1996, Saudi demand for chocolate has been decreasing at a rate of 0.9% per year. In 2021, Japan was the top importer at $576 million, followed by Germany, France and the United Kingdom. Saudi exports of chocolate are estimated to reach $83 million by 2026, up from $66 million in 2021. This reflects an average annual growth rate of 3.9%. Since 1996, Saudi supply of chocolate has been increasing by 17.8% each year. In 2021, New Zealand was the top exporter at $66 million, followed by Belgium, Italy and the Netherlands.
Latest reports
Saudi Arabia Confectionary Market Report- Q4 2024
The Saudi Arabia confectionery market in Q4 2024 is significantly influenced by a consumer shift towards health and wellness products. This trend is...
