Finland: Caramel Market 2025

Caramel Market Size in Finland

The Finnish caramel market declined to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, saw a temperate increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Caramel Production in Finland

In value terms, caramel production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed notable growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Caramel production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Caramel Exports

Exports from Finland

Caramel exports from Finland soared to X tons in 2022, with an increase of X% compared with the year before. In general, exports, however, saw a dramatic contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, caramel exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a precipitous contraction. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Estonia (X tons) was the main destination for caramel exports from Finland, accounting for a X% share of total exports. Moreover, caramel exports to Estonia exceeded the volume sent to the second major destination, China (X kg), sixfold. The third position in this ranking was held by the Netherlands (X kg), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Estonia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the Netherlands (X% per year).

In value terms, Estonia ($X) remains the key foreign market for caramel exports from Finland, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average caramel export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a moderate expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Caramel Imports

Imports into Finland

In 2022, approx. X tons of caramel were imported into Finland; falling by X% compared with 2021. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, caramel imports stood at $X in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), the Netherlands (X tons) and Sweden (X tons) were the main suppliers of caramel imports to Finland, together accounting for X% of total imports. Germany, Belgium, Denmark and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Belgium ($X) and Germany ($X) constituted the largest caramel suppliers to Finland, together accounting for X% of total imports. France, the Netherlands, Denmark and Lithuania lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average caramel import price amounted to $X per ton, growing by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform