Brazilian chocolate exports grow and conquer Arab countries

Published 2024년 10월 2일

Tridge summary

Brazilian chocolate exports have experienced a 4.39% increase in 2024, totaling US$ 16.06 million in sales from January to August, despite a slight decrease in volume exported. The average price per ton rose by 9.35%, showing a increase in the product's value in the foreign market. The United Arab Emirates and Iraq were the leading buyers, and the Gulf countries act as distribution centers for re-export. Despite global challenges such as rising cocoa prices due to pests and climate issues in major producing regions, Brazil still has room to expand its chocolate presence in the Arab markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In addition to being the favorite sweet of Brazilians, chocolate produced in Brazil is gaining more and more space in the international market, especially in Arab countries, according to data released by the Arab-Brazilian Chamber of Commerce on Monday (01). With a 4.39% increase in exports in 2024, the Brazilian chocolate market totaled US$ 16.06 million in sales between January and August, despite a slight reduction in the volume exported, which went from 4.54 thousand to 4.43 thousand tons. The average price per ton rose 9.35%, reaching US$ 3,623.84, highlighting the appreciation of the product in the foreign market. According to Marcus Vinicius, market intelligence manager at the Arab-Brazilian Chamber of Commerce, 97% of what Brazil exports to the Arab League are cocoa preparations with high added value, such as bars and filled tablets. “Brazilian chocolate is destined for the domestic market and for re-export, mainly from the Gulf countries, which act as commodity hubs,” ...

Source: Mercado Do Cacau