Dubai, UAE – The Dubai Multi Commodities Center announced its intention to launch the “Cocoa Center”, a new trading platform that aims to build an integrated system covering cocoa trade, processing and innovation in its sector. This enhances Dubai’s position as a global center for agricultural commodities trade.
The launch of the center comes as part of the expansion plan in the agricultural and food commodities sector, benefiting from the cluster model adopted by the center in coffee and tea. It currently includes 88 companies operating in the cocoa trade, chocolate and confectionery industries. The new center will bring together these activities within a unified platform covering the value chain from supply and processing to distribution and financing.
Leading development work
The project is being implemented in partnership with Kumbi Cocoa and Ribezzi Group, with the group leading the development work. The parties will cooperate to study the establishment of an integrated infrastructure for storing, trading and converting cocoa into semi-finished products. To enhance the efficiency of global supply chains.
Globally, the cocoa market was valued at approximately $16.6 billion in 2025 and is expected to reach $26.2 billion by 2035. The luxury chocolate market is expected to grow from $31.9 billion in 2024 to $40.6 billion by 2030.
Addressing structural challenges
While Dubai’s role in the cocoa trade is still growing, data indicates that the UAE will import cocoa beans worth $17.3 million and cocoa and chocolate products worth $65.3 million during 2023. Compared to exports of raw grains amounting to $16.4 million. This reflects the growing trade flows through the emirate.
The Cocoa Center aims to address structural challenges in the global market, by linking producers directly to markets, sources of financing and value-added services. Leveraging Dubai’s capabilities in warehousing, logistics and trade finance. To enhance the flexibility and transparency of global cocoa trade.
