Qatar: Caramel Market 2022

Caramel Market Size in Qatar

The Qatari caramel market shrank remarkably to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption saw a resilient increase. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2019, and then declined sharply in the following year.

Caramel Production in Qatar

In value terms, caramel production reduced remarkably to $X in 2020 estimated in export prices. Overall, production recorded resilient growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. Caramel production peaked at $X in 2019, and then dropped significantly in the following year.

Caramel Exports

Exports from Qatar

In 2020, the amount of caramel exported from Qatar stood at X kg, remaining constant against the year before. In general, exports continue to indicate a sharp contraction. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, caramel exports totaled $X in 2020. Over the period under review, exports saw a abrupt contraction. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Jordan (X kg) was the main destination for caramel exports from Qatar, with a X% share of total exports. Moreover, caramel exports to Jordan exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2007 to 2015, the average annual growth rate of volume to Jordan amounted to -X%.

From 2007 to 2015, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average caramel export price stood at $X per ton in 2015, approximately reflecting the previous year. Over the period under review, the export price posted a prominent increase. Over the period under review, average export prices hit record highs in 2015 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2015, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Jordan stood at $X per ton.

From 2007 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates.

Caramel Imports

Imports into Qatar

In 2020, purchases abroad of caramel was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Overall, imports recorded noticeable growth. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, caramel imports surged to $X in 2020. In general, imports saw a strong expansion. Imports peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

India (X tons), the U.S. (X tons) and Indonesia (X tons) were the main suppliers of caramel imports to Qatar, with a combined X% share of total imports. Malaysia, Jordan, Turkey and France lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Jordan (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest caramel suppliers to Qatar were Indonesia ($X), the U.S. ($X) and India ($X), with a combined X% share of total imports. These countries were followed by Turkey, Malaysia, Jordan and France, which together accounted for a further X terms of the main suppliers, Jordan (+X% per year) recorded the highest rates of growth with regard to 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, which is down by -X% against the previous year. Overall, the import price, however, posted perceptible growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2019, and then contracted in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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