Portugal - Caramel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCaramel Price in Portugal - 2023
Contents:
- Caramel Price in Portugal (CIF) - 2023
- Caramel Price in Portugal (FOB) - 2023
- Caramel Imports in Portugal
- Caramel Exports in Portugal
Caramel Price in Portugal (CIF) - 2023
The average caramel import price stood at $2,058 per ton in June 2023, which is down by -5.4% against the previous month. In general, the import price, however, showed a measured increase. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 70% against the previous month. As a result, import price reached the peak level of $2,533 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($3,124 per ton), while the price for Austria ($1,232 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 Spain (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Caramel Price in Portugal (FOB) - 2023
In June 2023, the average caramel export price amounted to $3,701 per ton, reducing by -8.2% against the previous month. In general, the export price, however, posted a noticeable increase. The pace of growth was the most pronounced in October 2022 when the average export price increased by 201% m-o-m. The export price peaked at $7,752 per ton in November 2022; however, from December 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was France ($3,784 per ton), while the average price for exports to Spain stood at $3,107 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.6%).
Caramel Imports in Portugal
In 2022, approx. 7.2K tons of caramel were imported into Portugal; picking up by 32% compared with the year before. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, caramel imports soared to $11M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Caramel in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.2 | 3.6 | 3.0 | 5.6 | 20.5% |
| Netherlands | 1.1 | 1.0 | 1.3 | 1.4 | 8.4% |
| France | 0.7 | 0.8 | 1.1 | 1.0 | 12.6% |
| Austria | 0.7 | 0.9 | 0.8 | 0.9 | 8.7% |
| Belgium | 0.2 | 0.3 | 0.7 | 0.9 | 65.1% |
| Germany | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Others | 1.0 | 1.1 | 0.7 | 0.8 | -7.2% |
| Total | 7.2 | 7.9 | 7.9 | 11.0 | 15.2% |
Top Suppliers of Caramel to Portugal in 2022:
- Spain (4.8K tons)
- Belgium (0.7K tons)
- Netherlands (0.6K tons)
- France (0.5K tons)
- Austria (0.3K tons)
- Germany (0.1K tons)
Caramel Exports in Portugal
In 2022, exports of caramel from Portugal surged to 314 tons, jumping by 43% compared with the previous year. In general, exports, however, faced a abrupt curtailment.
In value terms, caramel exports surged to $1.1M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.7% against 2020 indices.
| Export of Caramel in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 342 | 717 | 243 | 416 | 6.7% |
| Canada | 260 | 322 | 145 | 304 | 5.3% |
| Angola | 39.6 | 34.7 | 56.4 | 180 | 65.7% |
| France | 35.2 | 125 | 142 | 99.7 | 41.5% |
| Luxembourg | 7.3 | 16.3 | 7.5 | 9.1 | 7.6% |
| Others | 259 | 115 | 130 | 100 | -27.2% |
| Total | 943 | 1,330 | 724 | 1,108 | 5.5% |
Top Export Markets for Caramel from Portugal in 2022:
- Spain (230.4 tons)
- Canada (32.8 tons)
- France (19.5 tons)
- Angola (5.7 tons)
- Luxembourg (5.7 tons)
This report provides an in-depth analysis of the caramel market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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