Switzerland: Caramel Market 2022

Caramel Market Size in Switzerland

The Swiss caramel market soared to $X in 2020, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded buoyant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Caramel consumption peaked in 2020 and is likely to continue growth in the near future.

Caramel Exports

Exports from Switzerland

In 2020, exports of caramel from Switzerland expanded markedly to X tons, increasing by X% against the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, caramel exports rose significantly to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for caramel exports from Switzerland, accounting for a X% share of total exports. Moreover, caramel exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. France (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the Netherlands ($X) remains the key foreign market for caramel exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2020, the average caramel export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 China, while the prices for the other major destinations experienced more modest paces of growth.

Caramel Imports

Imports into Switzerland

In 2020, overseas purchases of caramel increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the near future.

In value terms, caramel imports expanded sharply to $X in 2020. Overall, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X tons), France (X tons) and Slovakia (X tons) were the main suppliers of caramel imports to Switzerland, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of caramel to Switzerland, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

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

Import Prices by Country

The average caramel import price stood at $X per ton in 2020, declining by -X% against the previous year. In general, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The import price peaked at $X per ton in 2016; however, from 2017 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 the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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