United Arab Emirates: Cocoa Powder Market 2025

Cocoa Powder Market Size in the United Arab Emirates

In 2022, the cocoa powder market in the United Arab Emirates decreased by -8.4% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, posted notable growth. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Cocoa Powder Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of cocoa powder (not sweetened) increased by 169% to X tons, rising for the seventh consecutive year after two years of decline. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cocoa powder exports dropped remarkably to $X in 2022. In general, exports saw a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 136% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

Rwanda (X tons), Tanzania (X tons) and Niger (X tons) were the main destinations of cocoa powder exports from the United Arab Emirates, together comprising 94% of total exports. These countries were followed by France, which accounted for a further 3.5%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +366.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Rwanda ($X) and Tanzania ($X) appeared to be the largest markets for cocoa powder exported from the United Arab Emirates worldwide, with a combined 56% share of total exports.

Among the main countries of destination, France, with a CAGR of +533.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cocoa powder export price stood at $X per ton in 2022, which is down by -73.6% against the previous year. Over the period under review, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then contracted significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cocoa Powder Imports

Imports into the United Arab Emirates

In 2022, after four years of growth, there was decline in purchases abroad of cocoa powder (not sweetened), when their volume decreased by -0.4% to X tons. Overall, imports, however, showed strong growth. The pace of growth was the most pronounced in 2019 with an increase of 75%. Imports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, cocoa powder imports dropped slightly to $X in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 82% against the previous year. Imports peaked at $X in 2021, and then shrank slightly in the following year.

Imports by Country

Spain (X tons), the Netherlands (X tons) and Singapore (X tons) were the main suppliers of cocoa powder imports to the United Arab Emirates, together comprising 30% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +54.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and France ($X) constituted the largest cocoa powder suppliers to the United Arab Emirates, with a combined 30% share of total imports. Germany, the United States, Singapore and Turkey lagged somewhat behind, together comprising a further 8.1%.

Among the main suppliers, Singapore, with a CAGR of +49.3%, saw 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

The average cocoa powder import price stood at $X per ton in 2022, dropping by -3.5% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 11%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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