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Morocco - Caramel - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Caramel Market 2022

Caramel Market Size in Morocco

In 2020, the Moroccan caramel market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Caramel consumption peaked in 2020 and is likely to see steady growth in the near future.

Caramel Exports

Exports from Morocco

After seven years of growth, overseas shipments of caramel decreased by -X% to X tons in 2020. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at X tons in 2019, and then contracted remarkably in the following year.

In value terms, caramel exports declined dramatically to $X in 2020. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then contracted notably in the following year.

Exports by Country

Tunisia (X tons), Libya (X tons) and Canada (X tons) were the main destinations of caramel exports from Morocco, together comprising X% of total exports. These countries were followed by Senegal, which accounted for a further X 2007 to 2020, the biggest increases were in Senegal (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for caramel exported from Morocco were Libya ($X), Tunisia ($X) and Senegal ($X), together accounting for X% of total exports.

Senegal (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average caramel export price stood at $X per ton in 2020, jumping by X% against the previous year. In general, the export price enjoyed resilient growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Senegal ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Caramel Imports

Imports into Morocco

After three years of growth, purchases abroad of caramel decreased by -X% to X tons in 2020. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, caramel imports amounted to $X in 2020. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

France (X tons), Spain (X tons) and Belgium (X tons) were the main suppliers of caramel imports to Morocco, with a combined X% share of total imports. These countries were followed by Slovakia, Germany, China and Turkey, which together accounted for a further X 2007 to 2020, the biggest increases were in Germany (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Belgium ($X) constituted the largest caramel suppliers to Morocco, together accounting for X% of total imports. These countries were followed by Slovakia, Germany, China and Turkey, which together accounted for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average caramel import price stood at $X per ton in 2020, jumping by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for caramel in the world?

The country with the largest volume of caramel consumption was China, accounting for 27% of total volume. Moreover, caramel consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of caramel in the world?

The countries with the highest volumes of production in 2022 were Thailand, China and India, together comprising 43% of global production.

What are the leading suppliers of caramel to Morocco?

In value terms, the largest caramel suppliers to Morocco were France, Spain and Slovakia, together comprising 81% of total imports.

What are the leading importers of caramel from Morocco?

In value terms, the largest markets for caramel exported from Morocco were Portugal, Senegal and the United Arab Emirates $21), together accounting for 100% of total exports.

What is the average export price for caramel in Morocco?

The average caramel export price stood at $4,650 per ton in 2022, increasing by 82% against the previous year.

What is the average import price for caramel in Morocco?

In 2022, the average caramel import price amounted to $1,510 per ton, approximately equating the previous year.

This report provides an in-depth analysis of the caramel market in Morocco. 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 2025.

Product coverage:

Prodcom 10891910 - Caramel

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023