Germany: Caramel Market 2022

Caramel Market Size in Germany

After two years of growth, the German caramel market decreased by -X% to $X in 2020. In general, consumption showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Caramel consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Caramel Exports

Exports from Germany

In 2020, caramel exports from Germany expanded sharply to X tons, growing by X% against the previous year. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, caramel exports expanded remarkably to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X tons), Poland (X tons) and the Netherlands (X tons) were the main destinations of caramel exports from Germany, together comprising X% of total exports. France, Austria, Italy, Romania, Bulgaria, the UK, Denmark and Belgium lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Bulgaria, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for caramel exported from Germany were the Netherlands ($X), Poland ($X) and France ($X), together comprising X% of total exports. These countries were followed by Austria, Switzerland, Italy, the UK, Belgium, Bulgaria, Denmark and Romania, which together accounted for a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, declining by -X% against the previous year. Over the period under review, the export price showed a pronounced slump. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while the average price for exports to Switzerland ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Caramel Imports

Imports into Germany

In 2020, imports of caramel into Germany reached X tons, increasing by X% compared with 2019. The total import volume 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 most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, caramel imports reached $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 throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are likely to see gradual growth in years to come.

Imports by Country

In 2020, France (X tons) constituted the largest supplier of caramel to Germany, accounting for a X% share of total imports. Moreover, caramel imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was occupied by Slovakia (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Slovakia (+X% per year).

In value terms, France ($X) constituted the largest supplier of caramel to Germany, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2020, the average caramel import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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