Key Market Indicators
Lebanese imports and exports of chocolate are set to see steady growth in the next five years. Imports are forecast to reach nearly $99 million by 2026, up 1.7% year-on-year on average from 2021’s $89 million. Since 2002, demand has grown 1.5% year-on-year. In 2021, Lebanon placed 53rd in the global ranking, overtaken by Chile at $89 million. Germany, France and the UK placed 2nd, 3rd and 4th respectively. Meanwhile, exports are expected to reach $44 million by 2026, up 1.7% year-on-year on average from 2021’s $39 million. Since 2002, supply has increased 2.1% year-on-year. Last year, Lebanon placed 52nd in the global ranking, overtaken by Norway at $39 million. Belgium, Italy and the Netherlands placed 2nd, 3rd and 4th respectively.