Austria: Caramel Market 2022

Caramel Market Size in Austria

In 2020, the Austrian caramel market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a pronounced setback. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Caramel consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Caramel Production in Austria

In value terms, caramel production surged to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a remarkable increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Caramel Exports

Exports from Austria

In 2020, after two years of decline, there was significant growth in overseas shipments of caramel, when their volume increased by X% to X tons. Over the period under review, exports recorded a prominent expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, caramel exports skyrocketed to $X in 2020. In general, exports posted a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), France (X tons) and Serbia (X tons) were the main destinations of caramel exports from Austria, together accounting for X% of total exports. These countries were followed by Pakistan, Algeria, Egypt, Turkey, Japan, Germany, Croatia, Italy, Poland and Russia, which together accounted for a further X 2007 to 2020, the biggest increases were in Egypt (+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 Austria were India ($X), France ($X) and Serbia ($X), with a combined X% share of total exports. These countries were followed by Algeria, Pakistan, Egypt, Turkey, Croatia, Germany, Poland, Japan, Russia and Italy, which together accounted for a further X terms of the main countries of destination, Egypt (+X% per year) saw the highest rates of growth with regard to the value of exports, 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, picking up by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, caramel export price increased by +X% against 2017 indices. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy ($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 Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Caramel Imports

Imports into Austria

In 2020, purchases abroad of caramel was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, caramel imports soared to $X in 2020. In general, imports, however, showed a slight setback. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest supplier of caramel to Austria, with a X% share of total imports. Moreover, caramel imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), twofold. France (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and France (-X% per year).

In value terms, the largest caramel suppliers to Austria were Germany ($X), Italy ($X) and France ($X), together comprising X% of total imports. These countries were followed by Slovakia, the Czech Republic, Belgium and China, which together accounted for a further X saw the highest growth rate of the value of imports, among 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, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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