Report Update Nov 1, 2024

India - Caramel - Market Analysis, Forecast, Size, Trends and Insights

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India: Caramel Market 2022

Caramel Market Size in India

In 2020, the Indian caramel market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Caramel Production in India

In value terms, caramel production skyrocketed to $X in 2020 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Caramel Exports

Exports from India

After thirteen years of growth, overseas shipments of caramel decreased by -X% to X tons in 2020. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2019, and then contracted modestly in the following year.

In value terms, caramel exports rose rapidly to $X in 2020. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

The U.S. (X tons), Vietnam (X tons) and Nepal (X tons) were the main destinations of caramel exports from India, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) emerged as the key foreign market for caramel exports from India, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2020, the average caramel export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

Caramel Imports

Imports into India

After five years of growth, overseas purchases of caramel decreased by -X% to X tons in 2020. Overall, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2019, and then dropped slightly in the following year.

In value terms, caramel imports fell markedly to $X in 2020. In general, imports, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019, and then declined sharply in the following year.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of caramel to India, accounting for a X% share of total imports. Moreover, caramel imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), tenfold. Indonesia (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 China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Indonesia (+X% per year).

In value terms, China ($X), Belgium ($X) and Indonesia ($X) appeared to be the largest caramel suppliers to India, together accounting for X% of total imports.

Among the main suppliers, Indonesia saw 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

The average caramel import price stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per ton in 2007; however, from 2008 to 2020, 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caramel in the world?

The country with the largest volume of caramel consumption was China, comprising approx. 31% of total volume. Moreover, caramel consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of caramel in the world?

The country with the largest volume of caramel production was China, comprising approx. 29% of total volume. Moreover, caramel production in China exceeded the figures recorded by the second-largest producer, Thailand, twofold. The third position in this ranking was occupied by India, with a 9.2% share.

What are the leading suppliers of caramel to India?

In value terms, China, Belgium and Indonesia were the largest caramel suppliers to India, with a combined 68% share of total imports.

What are the leading importers of caramel from India?

In value terms, the United States emerged as the key foreign market for caramel exports from India, comprising 22% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with an 8.5% share of total exports. It was followed by Vietnam, with a 7.8% share.

What is the average export price for caramel in India?

In 2020, the average caramel export price amounted to $1,018 per ton, rising by 13% against the previous year.

What is the average import price for caramel in India?

The average caramel import price stood at $963 per ton in 2020, reducing by -28% against the previous year.

This report provides an in-depth analysis of the caramel market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 10891910 - Caramel

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023