Middle East: Chocolate Flavour Coating Market 2020

Chocolate Flavour Coating Market Size in Middle East

The revenue of the chocolate flavour coating market in Middle East amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a strong 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. Based on 2017 figures, the chocolate flavour coating consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of chocolate flavour coating consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Chocolate Flavour Coating Production in Middle East

In 2017, approx. X tons of chocolate flavour coating were produced in Middle East; going up by X% 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 somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. The volume of chocolate flavour coating production peaked in 2017, and is likely to see steady growth in the immediate term.

Chocolate Flavour Coating Exports in Middle East

In 2017, the amount of chocolate flavour coating exported in Middle East totaled X tons, lowering by -X% against the previous year. The chocolate flavour coating exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, chocolate flavour coating exports amounted to $X in 2017. The total exports indicated a modest growth from 2007 to 2017: its value decreased 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 chocolate flavour coating exports decreased by -X% against 2014 indices. In that year, the chocolate flavour coating exports reached their peak level of $X. From 2015 to 2017, growth of the chocolate flavour coating exports stood at a somewhat lower level.

Chocolate Flavour Coating Exports by Country in Middle East

Turkey represented the key exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons) and Israel (X tons), together committing X% share of total exports. Kuwait (X tons) held the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to chocolate flavour coating exports from Turkey stood at -X%. At the same time, Kuwait (+X%), Saudi Arabia (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. Turkey (X%) and the United Arab Emirates (X%) significantly strengthened its position in terms of the global exports, while Kuwait, Israel and Saudi Arabia saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

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

In Turkey, chocolate flavour coating exports remained relatively stable 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).

Chocolate Flavour Coating Export Prices by Country in Middle East

The chocolate flavour coating export price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. The level of export price peaked 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 Saudi Arabia ($X per ton), while Kuwait ($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 Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Chocolate Flavour Coating Imports in Middle East

In 2017, the amount of chocolate flavour coating imported in Middle East totaled X tons, surging by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. Over the period under review, the chocolate flavour coating imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, chocolate flavour coating imports totaled $X in 2017. The total imports indicated a remarkable increase 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. Based on 2017 figures, the chocolate flavour coating imports increased by +X% against 2014 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Chocolate Flavour Coating Imports by Country in Middle East

In 2017, Saudi Arabia (X tons) represented the key importer for chocolate flavour coating, achieving X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Qatar (X tons) and Lebanon (X tons), together creating X% share of total imports. The following importers - Turkey (X tons), Kuwait (X tons) and Israel (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to chocolate flavour coating imports into Saudi Arabia stood at +X%. At the same time, Qatar (+X%), Lebanon (+X%), Israel (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) and Kuwait (-X%) illustrated a downward trend over the same period. The United Arab Emirates (X%) and Kuwait (X%) significantly strengthened its position in terms of the global imports, while Israel, Turkey, Lebanon, Qatar and Saudi Arabia saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported chocolate flavour coating in Middle East, making up X% of global imports. The second position in the ranking was occupied by Qatar ($X), with a X% share of global imports. It was followed by the United Arab Emirates, with a X% share.

In Saudi Arabia, chocolate flavour coating imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (+X% per year) and the United Arab Emirates (-X% per year).

Chocolate Flavour Coating Import Prices by Country in Middle East

In 2017, the chocolate flavour coating import price in Middle East amounted to $X per ton, approximately equating 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 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for chocolate flavour coating attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X per ton), while the United Arab Emirates ($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 Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform