Report Update May 1, 2025

Saudi Arabia - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Cocoa Bean Market 2025

Cocoa Bean Market Size in Saudi Arabia

The Saudi cocoa bean market surged to $X in 2022, with an increase of 604% against the previous year. Overall, consumption continues to indicate a strong increase. Cocoa bean consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Cocoa Bean Production in Saudi Arabia

In value terms, cocoa bean production fell rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 35% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average cocoa bean yield in Saudi Arabia amounted to less than X kg per ha, remaining stable against the previous year's figure. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of cocoa beans were harvested in Saudi Arabia; leveling off at 2021 figures. In general, the harvested area recorded a relatively flat trend pattern.

Cocoa Bean Exports

Exports from Saudi Arabia

In 2021, shipments abroad of cocoa beans was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cocoa bean exports soared to $X in 2021. Over the period under review, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for cocoa bean exports from Saudi Arabia, with a 97% share of total exports. It was followed by France (X kg), with a 1.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cocoa beans exports from Saudi Arabia, comprising 99% of total exports. The second position in the ranking was taken by France ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average cocoa bean export price amounted to $X per ton, reducing by -32.2% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 75% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to France totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-0.5%), while the prices for the other major destinations experienced a decline.

Cocoa Bean Imports

Imports into Saudi Arabia

In 2022, after four years of growth, there was significant decline in supplies from abroad of cocoa beans, when their volume decreased by -23.9% to X tons. In general, imports, however, posted a perceptible increase. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, cocoa bean imports shrank modestly to $X in 2022. Overall, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2021 with an increase of 0.4%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of cocoa bean to Saudi Arabia, accounting for a 32% share of total imports. Moreover, cocoa bean imports from Belgium exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold.

From 2014 to 2022, the average annual growth rate of volume from Belgium totaled -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+766.7% per year) and the Netherlands (0.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of cocoa beans to Saudi Arabia, comprising 36% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.5% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of value from Belgium totaled -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+31.5% per year) and the Netherlands (0.0% per year).

Import Prices by Country

In 2022, the average cocoa bean import price amounted to $X per ton, picking up by 31% against the previous year. Overall, the import price posted a mild increase. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cocoa beans in the world?

The countries with the highest volumes of cocoa bean consumption in 2021 were Indonesia, Cote d'Ivoire and the Netherlands, together accounting for 37% of global consumption. The United States, Germany, Malaysia, Brazil, Ghana, Nigeria, France, Turkey, Belgium and Canada lagged somewhat behind, together accounting for a further 43%.

What are the largest producers of cocoa beans in the world?

The country with the largest volume of cocoa bean production was Cote d'Ivoire, accounting for 39% of total volume. Moreover, cocoa bean production in Cote d'Ivoire exceeded the figures recorded by the second-largest producer, Ghana, threefold. Indonesia ranked third in terms of total production with a 13% share.

What are the leading suppliers of cocoa beans to Saudi Arabia?

In value terms, France, Belgium and Egypt appeared to be the largest cocoa bean suppliers to Saudi Arabia, with a combined 86% share of total imports. These countries were followed by Madagascar, Peru, India and Turkey, which together accounted for a further 14%.

What are the leading importers of cocoa beans from Saudi Arabia?

In value terms, Yemen, Kuwait and Bahrain constituted the largest markets for cocoa bean exported from Saudi Arabia worldwide.

What is the average export price for cocoa beans in Saudi Arabia?

The average cocoa bean export price stood at $2,178 per ton in 2021, rising by 16% against the previous year.

What is the average import price for cocoa beans in Saudi Arabia?

The average cocoa bean import price stood at $8,552 per ton in 2020, approximately reflecting the previous year.

This report provides an in-depth analysis of the cocoa bean market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 661 - Cocoa beans

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024