From 2014 to 2023, the import volume of cocoa beans in the United Arab Emirates showed fluctuating trends. The volume stood at 8.0 thousand metric tons in 2023, consistent with the previous year. Early years displayed more volatility, with a notable drop from 9.0 in 2014 to 7.0 in 2015. Subsequent fluctuations reflected a gradual stabilization around 8.0 thousand metric tons, with only minor variations.
Future trends project a slight decline in import volumes, with forecasts for 2028 indicating a gradual decrease to 7.8 thousand metric tons. This results in a forecasted 5-year Compound Annual Growth Rate (CAGR) of -0.51%, indicating a minor but consistent decline.
Future trends to watch for include shifts in global cocoa production, changes in trade policies, and evolving consumer demand in the UAE’s confectionery market. These factors could impact the actual import volumes beyond the current forecasts.