What is the price of chocolate per kilogram/pound in Saudi Arabia today?
The retail price range for Saudi Arabia chocolate is between US$ 2.92 and US$ 10.74 per kilogram or between US$ 1.32 and US$ 4.87 per pound(lb). Click here to see today's exact prices of chocolate in Saudi Arabia
The retail price range in Saudi Riyal for chocolate is between SAR 10.96 and SAR 40.27 per kilogram or between SAR 4.97 and SAR 18.26 per pound(lb) in Riyadh and Jeddah.
Wholesale prices
In 2024, the approximate wholesale price range for Saudi Arabia chocolate is between US$ 2.05 and US$ 7.52 per kilogram or between US$ 0.93 and US$ 3.41 per pound(lb).
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Saudi Arabia Chocolate Export Prices - Historical, Trends and Prediction
In 2016, the export price was 2.08 US$ per Kg. In 2017, the export price was 2.92 US$ per Kg. In 2018, the export price was 4.14 US$ per Kg. In 2019, the export price was 4.51 US$ per Kg. In 2020, the export price was 3.43 US$ per Kg. For 2021, the export price is estimated to be 3.59 US$ per Kg. For 2023, the export price is predicted to be around 3.60 US$ per Kg.The Saudi Arabia chocolate exports are classified as:
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
Saudi Arabia Chocolate Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chocolate into Saudi Arabia has seen a steady increase over the past five years. In 2016, the price was 4.56 US dollars per kg, and in 2021, it had risen to 8.14 US dollars per kg. This represents an increase of 77.5% over the five-year period. The highest price was recorded in 2021, at 8.14 US dollars per kg, while the lowest price was recorded in 2015, at 3.72 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Chocolate into Saudi Arabia will be 8.90 US dollars in 2023 and 9.68 US dollars in 2024.Export values for Saudi Arabia chocolate
The total values in export for chocolate in Saudi Arabia were US$ 19,794, US$ 31,836, US$ 54,082 and US$ 53,594 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Saudi Arabia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of chocolate in other countries across Middle East: Bahrain chocolate, Cyprus chocolate, Iraq chocolate, Israel chocolate, Jordan chocolate, Kuwait chocolate, Lebanon chocolate, Palestine chocolate, Oman chocolate & Qatar chocolate.
Saudi Arabia chocolate - Production, Exports, Imports, Seasons and HS Codes
In 2019 Saudi Arabia sold 12,465 tonnes of chocolate. Through 2019 alone, the market for Saudi Arabia chocolate (processed category) has decreased, with a change of -0.05612572 per cent compared to the year 2018. Between 2017 and 2019, chocolate's exports increased by 103.78 percent bringing the country US$53.59m for the year 2019. Saudi Arabia's chocolate exports are categorised as:
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
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Saudi Arabia chocolate export values
In 2019, Saudi Arabia sold chocolate valued at 53.59m USD, a contraction of -0.91% from 2018's total chocolate export of 54.082m USD. The yearly reduction in value of Saudi Arabia chocolate between 2017 to 2018 was 69.877%.
The annual change in the volume of Saudi Arabia's chocolate exports between 2017 and 2019 was 103.78 pc in comparison to a variation of -0.05612572% in the period between 2018 and 2019.
Export markets for Saudi Arabia chocolate ( in '000$ )
Saudi Arabia's best performing destinations for chocolate are United Arab Emirates (UAE), Jordan, Kuwait, Iraq and Yemen.
Saudi Arabia imported 108,168 tonnes of chocolate in 2019.