United Arab Emirates: Cocoa Bean Market 2025

Cocoa Bean Market Size in the United Arab Emirates

In 2022, the cocoa bean market in the United Arab Emirates decreased by -24.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed a slight expansion. Cocoa bean consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cocoa Bean Production in the United Arab Emirates

In value terms, cocoa bean production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 9.1% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average yield of cocoa beans in the United Arab Emirates stood at less than X kg per ha, flattening at the year before. Overall, 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 the United Arab Emirates; approximately reflecting the previous year. In general, the harvested area showed a relatively flat trend pattern.

Cocoa Bean Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of cocoa beans were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 7,034%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cocoa bean exports soared to $X in 2022. Overall, exports, however, recorded a slight setback. The growth pace was the most rapid in 2015 with an increase of 8,642%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) and the Netherlands (X tons) were the main destinations of cocoa bean exports from the United Arab Emirates.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +231.1%).

In value terms, the UK ($X) and the Netherlands ($X) appeared to be the largest markets for cocoa bean exported from the United Arab Emirates worldwide.

In terms of the main countries of destination, the Netherlands, with a CAGR of +189.1%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average cocoa bean export price amounted to $X per ton, which is down by -21.7% against the previous year. Overall, the export price showed a slight setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Cocoa Bean Imports

Imports into the United Arab Emirates

In 2022, after four years of growth, there was significant decline in purchases abroad of cocoa beans, when their volume decreased by -68.3% to X tons. Over the period under review, imports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 690%. Imports peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, cocoa bean imports contracted notably to $X in 2022. Overall, imports, however, showed a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 583%. Over the period under review, imports hit record highs at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Tanzania (X tons) constituted the largest cocoa bean supplier to the United Arab Emirates, accounting for a 53% share of total imports. Moreover, cocoa bean imports from Tanzania exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. The third position in this ranking was taken by Canada (X tons), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Tanzania amounted to +65.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+286.7% per year) and Canada (+18.1% per year).

In value terms, Tanzania ($X) constituted the largest supplier of cocoa beans to the United Arab Emirates, comprising 59% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 9.1% share of total imports. It was followed by France, with a 4.7% share.

From 2012 to 2022, the average annual growth rate of value from Tanzania stood at +70.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+300.4% per year) and France (+42.6% per year).

Import Prices by Country

In 2022, the average cocoa bean import price amounted to $X per ton, rising by 106% against the previous year. In general, the import price saw prominent growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 112% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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