Latin America and the Caribbean: Toffees And Caramels Market 2020

Toffees And Caramels Market Size in Latin America and the Caribbean

The revenue of the toffees and caramels market in Latin America and the Caribbean amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the toffees and caramels consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. The level of toffees and caramels consumption peaked in 2017, and is expected to retain its growth in the near future.

Toffees And Caramels Production in Latin America and the Caribbean

The toffees and caramels production amounted to X tons in 2017, standing approx. at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2009, when the output figure increased by X% against the previous year. Over the period under review, the toffees and caramels production reached its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Toffees And Caramels Exports in Latin America and the Caribbean

The exports stood at X tons in 2017, coming down by -X% against the previous year. The toffees and caramels exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the toffees and caramels exports attained its peak figure volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, toffees and caramels exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Toffees And Caramels Exports by Country in Latin America and the Caribbean

Mexico represented the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Colombia (X tons), Brazil (X tons) and Guatemala (X tons), together generating X% share of total exports. Argentina (X tons), El Salvador (X tons) and Ecuador (X tons) held the slight share of total exports.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, El Salvador (+X%) and Ecuador (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Guatemala experienced a relatively flat trend pattern. By contrast, Brazil (-X%), Colombia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina, Colombia and Brazil increased by X%, X% and X% percentage points, while El Salvador (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest toffees and caramels supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

In Mexico, toffees and caramels exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Colombia (-X% per year) and Brazil (-X% per year).

Toffees And Caramels Export Prices by Country in Latin America and the Caribbean

In 2017, the toffees and caramels export price in Latin America and the Caribbean amounted to $X per ton, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Ecuador ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Toffees And Caramels Imports in Latin America and the Caribbean

In 2017, approx. X tons of toffees, caramels and similar sweets were imported in Latin America and the Caribbean; surging by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the toffees and caramels imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, toffees and caramels imports stood at $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the toffees and caramels imports increased by +X% against 2015 indices. Over the period under review, the toffees and caramels imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Toffees And Caramels Imports by Country in Latin America and the Caribbean

Venezuela (X tons) and Mexico (X tons) represented roughly X% of total imports of toffees, caramels and similar sweets in 2017. Chile (X tons) occupied the second position in the ranking, followed by Peru (X tons), Honduras (X tons), Nicaragua (X tons) and Ecuador (X tons). All these countries together occupied approx. X% share of total imports. Bolivia (X tons), Paraguay (X tons), Guatemala (X tons), the Dominican Republic (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X), Mexico ($X) and Chile ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The Dominican Republic, Peru, Honduras, Ecuador, Brazil, Guatemala, Nicaragua, Paraguay and Bolivia lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Peru (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Toffees And Caramels Import Prices by Country in Latin America and the Caribbean

The toffees and caramels import price in Latin America and the Caribbean stood at $X per ton in 2017, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% y-o-y. Over the period under review, the import prices for toffees, caramels and similar sweets reached its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Dominican Republic ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bolivia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform