The trend of Chocolate:
Arab region and Gulf, in particular, is known for its passion for sweets, as the value of this sector has amounted to $10 billion, with growth of 12% annually, which is the highest in the world. (Event Chocolate)
Moreover, the size of the chocolate market in the region is increasing continuously, where Saudi Arabia imported about 250 tons of Swiss chocolate in 2014, with an increase of 8.2 percent from the previous year, to occupy second place in the Middle East and the Arab world after the UAE, knowing that the consumption of normal and expensive chocolate increases during “Eid” days to exceed 55 million riyals. (Event Chocolate)
The General Regional Consultative at Euromonitor International, Iyad Hijjawi, said that 25% of sales have been achieved at the GCC market, with one billion dollars in Saudi Arabia, followed by the UAE market for $440 million.
And according to Euromonitor Company, the individual spending on chocolate is the highest in the UK at $146 annually, followed by Canada at $69, $57 in America, and $41 in Saudi Arabia. The lowest at all was in Egypt for $4.5 and Morocco for $3.4, and finally India for $1.5.
Source: https://english.alarabiya.net
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