Report Update Nov 1, 2024

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

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Sudan: Caramel Market 2022

Caramel Market Size in Sudan

In 2020, after two years of growth, there was decline in the Sudanese caramel market, when its value decreased by -X% to $X. Overall, consumption continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Caramel consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Caramel Exports

Exports from Sudan

In 2020, overseas shipments of caramel increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports saw a mild expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, caramel exports amounted to $X in 2020. Overall, exports showed a noticeable expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for caramel exports from Sudan, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for caramel exports from Sudan.

From 2007 to 2020, the average annual growth rate of value to the United Arab Emirates amounted to +X%.

Export Prices by Country

In 2020, the average caramel export price amounted to $X per ton, approximately mirroring the previous year. In general, export price indicated pronounced growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, caramel export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2019 an increase of X% year-to-year. The export price peaked at $X per ton in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Caramel Imports

Imports into Sudan

After two years of growth, overseas purchases of caramel decreased by -X% to X tons in 2020. In general, imports saw a mild contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

In value terms, caramel imports expanded slightly to $X in 2020. Over the period under review, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tons) constituted the largest supplier of caramel to Sudan, with a X% share of total imports. Moreover, caramel imports from Germany exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fourfold. The third position in this ranking was occupied by India (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-X% per year) and India (+X% per year).

In value terms, the largest caramel suppliers to Sudan were Germany ($X), Saudi Arabia ($X) and India ($X), with a combined X% share of total imports.

Among the main suppliers, India (+X% per year) recorded 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

In 2020, the average caramel import price amounted to $X per ton, jumping by X% against the previous year. In general, the import price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 Saudi Arabia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, 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 third position in this ranking was occupied by the United States, with a 5.6% share.

What are the largest producers of caramel in the world?

China remains the largest caramel producing country worldwide, accounting for 29% of total volume. Moreover, caramel production in China exceeded the figures recorded by the second-largest producer, Thailand, twofold. India ranked third in terms of total production with a 9.2% share.

What are the leading suppliers of caramel to Sudan?

In value terms, the largest caramel suppliers to Sudan were Germany, Saudi Arabia and India, with a combined 80% share of total imports.

What are the leading importers of caramel from Sudan?

In value terms, the United Arab Emirates remains the key foreign market for caramel exports from Sudan.

What is the average export price for caramel in Sudan?

The average caramel export price stood at $4,844 per ton in 2020, approximately mirroring the previous year.

What is the average import price for caramel in Sudan?

In 2020, the average caramel import price amounted to $1,293 per ton, surging by 21% against the previous year.

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

Sudan

Data coverage:

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