France: Caramel Market 2022

Caramel Market Size in France

In 2020, the French caramel market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Caramel Production in France

In value terms, caramel production rose notably to $X in 2020 estimated in export prices. In general, the total production indicated a prominent expansion from 2007 to 2020: its value 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, production increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Caramel production peaked in 2020 and is expected to retain growth in the immediate term.

Caramel Exports

Exports from France

Caramel exports from France contracted to X tons in 2020, approximately equating 2019. In general, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, caramel exports stood at $X in 2020. Overall, exports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Ireland (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of caramel exports from France, together comprising X% of total exports. These countries were followed by the UK, Egypt, Spain, the Netherlands, Uruguay, Italy, Costa Rica, Algeria, Nigeria and Poland, which together accounted for a further X 2007 to 2020, the biggest increases were in Costa Rica (+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 France were Ireland ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total exports. These countries were followed by the UK, Spain, Belgium, Italy, Algeria, Egypt, Uruguay, Poland, Nigeria and Costa Rica, which together accounted for a further X the main countries of destination, Costa Rica (+X% per year) saw the highest growth rate of 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, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

Caramel Imports

Imports into France

In 2020, purchases abroad of caramel increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, caramel imports surged to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Slovakia (X tons) were the main suppliers of caramel imports to France, together accounting for X% of total imports. Germany, Spain, Austria and Italy lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Austria, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest caramel suppliers to France were the Netherlands ($X), Belgium ($X) and Austria ($X), with a combined X% share of total imports.

The Netherlands recorded the highest growth rate of 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

In 2020, the average caramel import price amounted to $X per ton, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. The import price peaked in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the price for Belgium ($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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