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Italy at COFFEE & CHOCOLATE 2017, Saudi Arabia, 03-06 December 2017
Italian Trade Agency promote the Italian companies participation in the 4th Edition of the fair COFFEE & CHOCOLATE in Riyadh at the International Convention & Exhibition Center, with the collaboration of Tech Heights.
The International Coffee and Chocolate Fair of Saudi Arabia is the largest exhibition of coffee and chocolate in the Middle East, exhibiting the best equipment, services and products, with domestic and international suppliers, offering opportunities for B2B Meetings, B2C and Business Leadership.
Kingdom of Saudi Arabia is one of the largest coffee and chocolate consumers in the world, with a 40% share of consumption among the Gulf countries. The Kingdom 's coffee and chocolate market is estimated at about 4 billion SAR, with more than 160 companies in the area.
In 2016, Italy satisfied 9.4% of the total Saudi import. In 2016 the Saudi Arabia imports of chocolate increased of 8.6% from the world, in particular from Italy (+ 38%).
With regard to coffee, the Saudi import from Italy, has also seen an increase, reaching a value of US $ 6623 in 2016 (+ 23%).
Saudi Arabia occupies the 2nd place in the Arab World for chocolate consumption, with a peak sales at Eid's national festivities.
Chocolate accounts for 55% of confectionery products in the Kingdom, which is expected to reach US $ 2.26 billion in 2018.
The Kingdom has also reached the third place in the coffee world, with a value of total market of 2 billion SAR.