Report Update Nov 1, 2024

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

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Norway: Caramel Market 2022

Caramel Market Size in Norway

In 2020, the Norwegian caramel market increased by X% to $X, rising for the fifth consecutive year after three years of decline. In general, the total consumption indicated a perceptible 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, consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Caramel consumption peaked in 2020 and is likely to see gradual growth in years to come.

Caramel Exports

Exports from Norway

In 2020, the amount of caramel exported from Norway surged to X tons, rising by X% compared with 2019 figures. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, caramel exports skyrocketed to $X in 2020. Over the period under review, exports recorded a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for caramel exports from Norway, with a X% share of total exports. Moreover, caramel exports to Sweden exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Denmark (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for caramel exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Denmark (-X% per year).

Export Prices by Country

In 2020, the average caramel export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price, however, enjoyed mild growth. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Belgium ($X per ton), while the average price for exports to Denmark ($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 Sweden, while the prices for the other major destinations experienced mixed trend patterns.

Caramel Imports

Imports into Norway

In 2020, supplies from abroad of caramel increased by X% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, caramel imports rose markedly 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to continue growth in the near future.

Imports by Country

Sweden (X tons), Denmark (X tons) and China (X tons) were the main suppliers of caramel imports to Norway, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Sweden, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Belgium ($X) constituted the largest caramel suppliers to Norway, together accounting for X% of total imports. These countries were followed by the Netherlands, Ireland, China and France, which together accounted for a further X Netherlands saw the highest rates of growth with regard to 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

The average caramel import price stood at $X per ton in 2020, rising by X% against the previous year. In general, the import price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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?

China constituted the country with the largest volume of caramel consumption, 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?

China remains the largest caramel producing country worldwide, 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 Norway?

In value terms, the largest caramel suppliers to Norway were Sweden, Denmark and Belgium, together comprising 62% of total imports. The Netherlands, Ireland, China and France lagged somewhat behind, together accounting for a further 26%.

What are the leading importers of caramel from Norway?

In value terms, Sweden remains the key foreign market for caramel exports from Norway, comprising 89% of total exports. The second position in the ranking was occupied by Belgium, with a 9% share of total exports.

What is the average export price for caramel in Norway?

The average caramel export price stood at $1,199 per ton in 2020, shrinking by -16.9% against the previous year.

What is the average import price for caramel in Norway?

The average caramel import price stood at $1,171 per ton in 2020, surging by 7.1% against the previous year.

This report provides an in-depth analysis of the caramel market in Norway. 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:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
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