SADC: Caramel Market 2025

Caramel Market Size in SADC

The SADC caramel market fell modestly to $X in 2022, waning by X% against the previous year. The total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Caramel Production in SADC

In value terms, caramel production fell to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Caramel Exports

Exports in SADC

After three years of growth, overseas shipments of caramel decreased by X% to X tons in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, caramel exports dropped to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Swaziland prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), comprising a X% share of total exports. Zambia (X tons) took a relatively small share of total exports.

Exports from Swaziland increased at an average annual rate of X% from 2012 to 2022. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Swaziland (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, Swaziland ($X) remains the largest caramel supplier in SADC, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports.

In Swaziland, caramel exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Caramel Imports

Imports in SADC

In 2022, the amount of caramel imported in SADC expanded to X tons, picking up by X% compared with the year before. Overall, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, caramel imports shrank modestly to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank slightly in the following year.

Imports by Country

South Africa dominates imports structure, reaching X tons, which was approx. X% of total imports in 2022. The following importers - Angola (X tons) and Democratic Republic of the Congo (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to caramel imports into South Africa stood at X%. At the same time, Angola (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Africa increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported caramel in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports.

In South Africa, caramel imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform