Global Caramel Market 2019 - U.S. Exporters to Further Strengthen Their Position

IndexBox has just published a new report: 'World - Caramel - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The global caramel market revenue amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, caramel consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018, with an increase of X% y-o-y. Global caramel consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Production 2007-2018

In 2018, the global production of caramel totaled X tonnes, dropping by -X% against the previous year. Over the period under review, caramel production continues to indicate a significant downturn.

Exports 2007-2018

In 2018, approx. X tonnes of caramel were exported worldwide; leveling off at the previous year. In general, the total exports indicated a perceptible growth from 2008 to 2018: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the caramel exports decreased by -X% against 2016 indices.

In value terms, caramel exports stood at $X (IndexBox estimates) in 2018.

Exports by Country

In 2018, China (X tonnes), distantly followed by France (X tonnes), the Netherlands (X tonnes), the U.S. (X tonnes), Belgium (X tonnes) and Germany (X tonnes) were the main exporters of caramel, together comprising X% of total exports. Malaysia (X tonnes), Indonesia (X tonnes), Thailand (X tonnes), Slovakia (X tonnes) and Italy (X tonnes) followed a long way behind the leaders.

From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Indonesia, while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of global exports. France, Belgium, Indonesia, Germany, Malaysia, Italy, Thailand and Slovakia lagged somewhat behind, together comprising a further X%.

Export Prices by Country

The average caramel export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the caramel export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Italy ($X per tonne), while France ($X per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of export prices was attained by Indonesia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform