Norway - Caramel - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCaramel Price in Norway - 2023
Contents:
- Caramel Price in Norway (CIF) - 2023
- Caramel Price in Norway (FOB) - 2022
- Caramel Imports in Norway
- Caramel Exports in Norway
Caramel Price in Norway (CIF) - 2023
The average caramel import price stood at $1,289 per ton in August 2023, with an increase of 31% against the previous month. Overall, import price indicated moderate growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, caramel import price increased by +54.9% against June 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 84% month-to-month. As a result, import price attained the peak level of $1,666 per ton. From January 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($3,467 per ton), while the price for Denmark ($662 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Caramel Price in Norway (FOB) - 2022
In 2022, the average caramel export price amounted to $2,941 per ton, stabilizing at the previous year. Over the period under review, the export price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2017 an increase of 29%. The export price peaked at $4,854 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($3,540 per ton), while the average price for exports to Sweden stood at $2,929 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.7%).
Caramel Imports in Norway
For the fourth consecutive year, Norway recorded growth in overseas purchases of caramel, which increased by 66% to 7.4K tons in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, caramel imports skyrocketed to $6.9M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Caramel in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 596 | 1,168 | 1,521 | 1,903 | 47.3% |
| Denmark | 1,611 | 916 | 1,143 | 1,508 | -2.2% |
| Belgium | 400 | 634 | 811 | 1,015 | 36.4% |
| France | 242 | 242 | 374 | 468 | 24.6% |
| Ireland | 344 | 291 | 341 | 426 | 7.4% |
| Netherlands | 211 | 356 | 311 | 388 | 22.5% |
| China | 204 | 259 | 300 | 376 | 22.6% |
| Others | 497 | 533 | 935 | 825 | 18.4% |
| Total | 4,105 | 4,399 | 5,736 | 6,908 | 18.9% |
Top Suppliers of Caramel to Norway in 2022:
- Sweden (2773.7 tons)
- Denmark (2310.3 tons)
- Belgium (557.7 tons)
- China (507.9 tons)
- Ireland (387.6 tons)
- France (356.6 tons)
- Netherlands (201.5 tons)
Caramel Exports in Norway
For the third year in a row, Norway recorded decline in shipments abroad of caramel, which decreased by -93.2% to 2.2 tons in 2022. Overall, exports saw a significant curtailment. The smallest decline of -24.6% was in 2021.
In value terms, caramel exports shrank significantly to $6.6K in 2022. In general, exports continue to indicate a precipitous curtailment. The smallest decline of -9.3% was in 2021.
| Export of Caramel in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 206 | 94.6 | 90.2 | 6.4 | -68.6% |
| Denmark | 6.8 | 1.8 | 0.5 | 0.2 | -69.1% |
| Belgium | N/A | 9.6 | N/A | N/A | 0% |
| Ireland | 15.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 5.4 | N/A | 0% |
| Total | 229 | 106 | 96.1 | 6.6 | -69.3% |
Top Export Markets for Caramel from Norway in 2022:
- Denmark (undefined tons)
- Sweden (2.2 tons)
This report provides an in-depth analysis of the caramel market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
221
This report provides an in-depth analysis of the caramel market in Norway.
384
This report provides an in-depth analysis of the caramel market in Norway.
472
This report provides an in-depth analysis of the fructose market in Norway.
360
This report provides an in-depth analysis of the glucose market in Norway.
395
This report provides an in-depth analysis of the lactose market in Norway.
455
This report provides an in-depth analysis of the maltodextrine market in Norway.
356
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Norway.
296
This report provides an in-depth analysis of the global caramel market.
1636
This report provides an in-depth analysis of the global caramel market.
1943
This report provides an in-depth analysis of the global fructose market.
455
Explore the top import markets for caramel worldwide, including China, Germany, the United States, the Netherlands, and Indonesia. Get key statistics and data from the IndexBox market intelligence platform.
694
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
86
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
532
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
289
Explore the top import markets for glucose worldwide, including Germany, United States, Mexico, Netherlands, and United Kingdom. Discover key statistics and market insights provided by the IndexBox market intelligence platform.
65
Explore the top import markets for maltodextrine in 2023, including China, Germany, Netherlands, and others. Learn about key statistics and trends driving the global trade of this versatile ingredient.
455
Explore the top import markets for caramel worldwide, including China, Germany, the United States, the Netherlands, and Indonesia. Get key statistics and data from the IndexBox market intelligence platform.
694
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
86
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
532
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
