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Report World - Caramel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

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

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Global Caramel Market 2024

Caramel Market Size

In 2022, the global caramel market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the global market remained at a somewhat lower figure.

Caramel Production

In value terms, caramel production reduced to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. Global production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Caramel Exports

Exports

For the eleventh consecutive year, the global market recorded growth in shipments abroad of caramel, which increased by X% to X tons in 2022. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, caramel exports surged to $X in 2022. In general, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Thailand (X tons), distantly followed by China (X tons) and France (X tons) were the major exporters of caramel, together comprising X% of total exports. The United States (X tons), Malaysia (X tons), Belgium (X tons), Germany (X tons), the Netherlands (X tons), Russia (X tons), Nicaragua (X tons) and Slovakia (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Russia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. The United States, the Netherlands, Belgium, Germany, Malaysia, Slovakia, Nicaragua and Russia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average caramel export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price saw a slight setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Caramel Imports

Imports

In 2022, approx. X tons of caramel were imported worldwide; rising by X% against the previous year. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, caramel imports soared to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China represented the largest importer of caramel in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Germany (X tons), making up a X% share of total imports. The following importers - the United States (X tons), Indonesia (X tons), the Netherlands (X tons), France (X tons), the Philippines (X tons), Belgium (X tons), Thailand (X tons), the UK (X tons), Ireland (X tons), Malaysia (X tons) and South Korea (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the caramel imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Indonesia (X%), Ireland (X%), Malaysia (X%), the United States (X%), the UK (X%), the Netherlands (X%), the Philippines (X%), Belgium (X%) and Germany (X%) displayed positive paces of growth. By contrast, South Korea (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported caramel worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In China, caramel imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average caramel import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of caramel consumption, 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.
The countries with the highest volumes of production in 2022 were Thailand, China and India, together comprising 43% of global production.
In value terms, the largest caramel supplying countries worldwide were China, Thailand and France, with a combined 45% share of global exports. The United States, the Netherlands, Belgium, Germany, Malaysia, Slovakia, Nicaragua and Russia lagged somewhat behind, together accounting for a further 27%.
In value terms, China constitutes the largest market for imported caramel worldwide, comprising 20% of global imports. The second position in the ranking was held by Germany, with a 6.1% share of global imports. It was followed by the United States, with a 5.7% share.
In 2022, the average caramel export price amounted to $885 per ton, with a decrease of -2.5% against the previous year.
The average caramel import price stood at $922 per ton in 2022, approximately reflecting the previous year.

This report provides an in-depth analysis of the global caramel market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Kerry Group, Cargill, Inc., Sensient Technologies Corporation, Puratos Group, Sethness Roquette, DDW, The Color House, Martin Braun KG, Göteborgs Food Budapest ZRT, Bakels 0wide, Kündig Group, Sicna, Nigay, Metarom, Sun Food Tech

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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