CIS: Caramel Market 2022

Caramel Exports

Exports in CIS

In 2020, approx. X tons of caramel were exported in the CIS; jumping by X% on the previous year. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, caramel exports shrank slightly to $X in 2020. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. The level of export peaked at $X in 2019, and then contracted modestly in the following year.

Exports by Country

Russia dominates caramel exports structure, accounting for X tons, which was near X% of total exports in 2020. It was distantly followed by Kazakhstan (X tons), generating a X% share of total exports. Belarus (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to caramel exports from Russia stood at +X%. At the same time, Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2020. While the share of Kazakhstan (+X p.p.) and Russia (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Belarus (-X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest caramel supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

In Russia, caramel exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (+X% per year).

Export Prices by Country

The caramel export price in the CIS stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. from 2016 to 2020, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced a decline in the export price figures.

Caramel Imports

Imports in CIS

In 2020, approx. X tons of caramel were imported in the CIS; falling by -X% on the previous year. In general, imports recorded a deep downturn. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, caramel imports dropped to $X in 2020. Over the period under review, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The level of import peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Russia dominates caramel imports structure, finishing at X tons, which was approx. X% of total imports in 2020. It was distantly followed by Belarus (X tons), generating a X% share of total imports. The following importers - Uzbekistan (X tons) and Kazakhstan (X tons) - each resulted at a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to caramel imports into Russia stood at -X%. At the same time, Uzbekistan (+X%), Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Belarus, Uzbekistan and Kazakhstan increased by +X%, +X% and +X% percentage points, while Russia (-X p.p.) saw their share reduced.

In value terms, Russia ($X) constitutes the largest market for imported caramel in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, caramel imports declined by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (+X% per year).

Import Prices by Country

The caramel import price in the CIS stood at $X per ton in 2020, rising by X% against the previous year. Import price indicated a resilient expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, caramel import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. Over the period under review, import prices hit record highs in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Belarus ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :