Czech Republic: Caramel Market 2022

Caramel Market Size in the Czech Republic

In 2020, the Czech caramel market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Overall, consumption, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Caramel Production in the Czech Republic

In value terms, caramel production reduced slightly to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Caramel production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Caramel Exports

Exports from the Czech Republic

In 2020, shipments abroad of caramel was finally on the rise to reach X tons after two years of decline. Over the period under review, exports showed prominent growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, caramel exports rose notably to $X in 2020. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Slovakia (X tons), Poland (X tons) and Germany (X tons) were the main destinations of caramel exports from the Czech Republic, with a combined X% share of total exports. Austria, Italy, the United Arab Emirates and France lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Italy (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Germany ($X) and Poland ($X) constituted the largest markets for caramel exported from the Czech Republic worldwide, with a combined X% share of total exports. These countries were followed by Austria, the United Arab Emirates, Italy and France, which together accounted for a further X terms of the main countries of destination, Italy (+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

In 2020, the average caramel export price amounted to $X per ton, waning by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Slovakia ($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 Poland, while the prices for the other major destinations experienced a decline.

Caramel Imports

Imports into the Czech Republic

In 2020, supplies from abroad of caramel increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports recorded a notable expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, caramel imports soared to $X in 2020. Overall, imports posted a temperate expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Slovakia (X tons) and France (X tons) were the main suppliers of caramel imports to the Czech Republic, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Germany, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovakia ($X) and Belgium ($X) were the largest caramel suppliers to the Czech Republic, with a combined X% share of total imports. France, Italy, Austria and Poland lagged somewhat behind, together comprising a further X saw 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, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2017; however, from 2018 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 Belgium ($X per ton), while the price for Poland ($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 mixed trend patterns.

Source: IndexBox Platform

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