Finland - Caramel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCaramel Price in Finland - 2023
Contents:
- Caramel Price in Finland (CIF) - 2023
- Caramel Price in Finland (FOB) - 2022
- Caramel Imports in Finland
- Caramel Exports in Finland
Caramel Price in Finland (CIF) - 2023
In June 2023, the average caramel import price amounted to $2,106 per ton, falling by -31% against the previous month. Over the period under review, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, caramel import price decreased by +0.7% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 46% against the previous month. As a result, import price attained the peak level of $3,053 per ton, and then contracted notably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($3,713 per ton), while the price for Romania ($1,313 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Caramel Price in Finland (FOB) - 2022
In 2022, the average caramel export price amounted to $6,086 per ton, jumping by 41% against the previous year. In general, the export price, however, saw a noticeable curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 246% against the previous year. As a result, the export price reached the peak level of $27,348 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($14,296 per ton), while the average price for exports to Switzerland ($2,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+43.0%), while the prices for the other major destinations experienced mixed trend patterns.
Caramel Imports in Finland
In 2022, supplies from abroad of caramel decreased by -30.6% to 1.8K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 80%. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, caramel imports contracted to $3.5M in 2022. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports attained the peak of $4.7M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Caramel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 308 | 321 | 323 | 628 | 26.8% |
| Germany | 344 | 650 | 607 | 598 | 20.2% |
| France | 1,033 | 1,061 | 497 | 533 | -19.8% |
| Sweden | 656 | 817 | 775 | 488 | -9.4% |
| Netherlands | 1,010 | 1,011 | 747 | 446 | -23.8% |
| Denmark | 108 | 473 | 358 | 319 | 43.5% |
| Lithuania | N/A | 137 | 143 | 100 | -14.6% |
| Others | 476 | 252 | 287 | 344 | -10.3% |
| Total | 3,934 | 4,723 | 3,737 | 3,455 | -4.2% |
Top Suppliers of Caramel to Finland in 2022:
- France (416.9 tons)
- Netherlands (380.5 tons)
- Sweden (272.4 tons)
- Germany (220.8 tons)
- Belgium (212.9 tons)
- Denmark (165.8 tons)
- Lithuania (38.8 tons)
Caramel Exports in Finland
In 2022, approx. 1.2 tons of caramel were exported from Finland; jumping by 42% against the year before. In general, exports, however, continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 43%.
In value terms, caramel exports skyrocketed to $7.4K in 2022. Overall, exports, however, recorded a deep setback.
| Export of Caramel in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 8.5 | 1.8 | 2.4 | 3.8 | -23.5% |
| China | N/A | N/A | N/A | 2.4 | 0% |
| Netherlands | N/A | N/A | 0.7 | 0.5 | -28.6% |
| Sweden | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Switzerland | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United Arab Emirates | 5.3 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.1 | 0.4 | 0.5 | 7.7% |
| Total | 14.2 | 1.9 | 3.7 | 7.4 | -19.5% |
Top Export Markets for Caramel from Finland in 2022:
- Estonia (836.0 kg)
- China (166.0 kg)
- Netherlands (121.0 kg)
- Switzerland (41.0 kg)
- Sweden (19.0 kg)
This report provides an in-depth analysis of the caramel market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891910 - Caramel
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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