$101bn world spend­ing on choco­late in 2015

The Daily News Egypt - - News - By Shaimaa Al-Aees

SPEND­ING ON CHOCO­LATE EX­CEEDS THE EGYP­TIAN GOV­ERN­MENT’S TO­TAL SPEND­ING

The to­tal world­wide spend­ing on choco­late in 2015 came in at $101bn, ac­cord­ing to Statista.

The world spend­ing on choco­late ex­ceeds the Egyp­tian gov­ern­ment’s to­tal spend­ing dur­ing the same year, which amounted $96bn, ac­cord­ing to the Egyp­tian Min­istry of Fi­nance.

Egypt has im­ported choco­late from Is­rael at around $45,000 in 2015, and Is­rael’s to­tal choco­late in­come is about $10m an­nu­ally.

Af­ter the flota­tion of the Egyp­tian pound in Novem­ber 2016, choco­late prices have hiked sig­nif­i­cantly, so many peo­ple have given up buy­ing choco­late.

In early March, a man was ac­cused of steal­ing a piece of choco­late from a su­per­mar­ket for his son, and was re­ferred to court.

The man said that he was walk­ing with his four-year-old son on a street and saw chil­dren eat­ing a piece of choco­late.The son asked him to buy him one like it, and the fa­ther en­tered the su­per­mar­ket and pre­tended to be shop­ping. He put a piece of choco­late in his pocket to get out and give to his son, but he was caught on the shop’s cam­eras, and the work­ers handed him over to the po­lice.

The United Arab Emi­rates (UAE) and Saudi Ara­bia are lead­ing the an­nual spend­ing list for choco­late prod­ucts in the re­gion, ac­cord­ing to data from Euromon­i­tor.

Both coun­tries recorded an an­nual spend­ing per capita of $38 and $31 re­spec­tively, well above the $4 per capita av­er­age in the Mid­dle East and Africa.

Saudi Ara­bia is one of the largest choco­late mar­kets in the Mid­dle East, with an an­nual con­sump­tion of SR 500m ($133m).

Swiss peo­ple spend the most money on choco­late: $225.3 per capita an­nu­ally. Nor­we­gians spend more than $200, and spend­ing ex­ceeds $100 in eight other coun­tries. French peo­ple spend $96 on choco­late, and Amer­i­cans spend $55.7.

La Made­line au Truffe is the most ex­pen­sive choco­late in the world, sell­ing at around $2,600 (£2,020) per pound or $250 (£194) per piece, ac­cord­ing to Metro.

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