Qatar: Chocolate And Confectionery Market 2024

Chocolate And Confectionery Market Size in Qatar

The Qatari chocolate and confectionery market soared to $X in 2022, jumping by 20% 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). Over the period under review, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +55.8% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Chocolate And Confectionery Exports

Exports from Qatar

In 2015, exports of chocolate and confectionery from Qatar stood at X tons, therefore, remained relatively stable against 2014. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2014. The exports peaked in 2015 and are likely to see gradual growth in the immediate term.

In value terms, chocolate and confectionery exports amounted to $X in 2015. In general, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2014. The exports peaked in 2015 and are expected to retain growth in the immediate term.

Exports by Country

Turkey (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) were the main destinations of chocolate and confectionery exports from Qatar, together accounting for 88% of total exports.

From 2013 to 2015, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

It was followed by Saudi Arabia, with a 16% share.

From 2013 to 2015, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Saudi Arabia (0.0% per year).

Export Prices by Country

The average chocolate and confectionery export price stood at $X per ton in 2015, standing approx. at the previous year. Overall, the export price showed a sharp reduction. The pace of growth was the most pronounced in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2015, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2015, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2013 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Chocolate And Confectionery Imports

Imports into Qatar

Chocolate and confectionery imports into Qatar skyrocketed to X tons in 2022, rising by 20% against the previous year's figure. Overall, imports, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chocolate and confectionery imports surged to $X in 2022. In general, total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of chocolate and confectionery imports to Qatar, with a combined 33% share of total imports. Russia, Lebanon, the UK, Poland, Germany, China, Pakistan, Jordan, Malaysia and Switzerland lagged somewhat behind, together comprising a further 49%.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of +66.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chocolate and confectionery suppliers to Qatar were the Netherlands ($X), Italy ($X) and Lebanon ($X), with a combined 34% share of total imports. Russia, the UK, Poland, Turkey, Germany, China, Switzerland, Malaysia, Pakistan and Jordan lagged somewhat behind, together accounting for a further 47%.

Among the main suppliers, Jordan, with a CAGR of +48.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average chocolate and confectionery import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2020 when the average import price increased by 20%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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