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Report Asia - Caramel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

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

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Asia: Caramel Market 2022

Caramel Market Size in Asia

The Asian caramel market surged to $X in 2020, growing by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2008; afterwards, it flattened through to 2020.

Caramel Production in Asia

In value terms, caramel production rose remarkably to $X in 2020 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The level of production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of caramel production, accounting for X% of total volume. Moreover, caramel production in China exceeded the figures recorded by the second-largest producer, Thailand (X tons), twofold. The third position in this ranking was occupied by India (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and India (-X% per year).

Caramel Exports

Exports in Asia

Caramel exports surged to X tons in 2020, jumping by X% on 2019. Over the period under review, exports showed strong growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, caramel exports skyrocketed to $X in 2020. Overall, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the near future.

Exports by Country

Thailand (X tons) and China (X tons) represented roughly X% of total exports of caramel in 2020. It was distantly followed by Malaysia (X tons), committing a X% share of total exports. Indonesia (X tons) and South Korea (X tons) followed a long way behind the leaders.

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

In value terms, the largest caramel supplying countries in Asia were China ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total exports. These countries were followed by Indonesia and South Korea, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The caramel export price in Asia stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The level of export peaked at $X per ton in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced a decline in the export price figures.

Caramel Imports

Imports in Asia

In 2020, approx. X tons of caramel were imported in Asia; rising by X% on 2019. Overall, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, caramel imports skyrocketed to $X in 2020. Over the period under review, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China prevails in caramel imports structure, reaching X tons, which was approx. X% of total imports in 2020. Indonesia (X tons) ranks second in terms of the total imports with a X% share, followed by South Korea (X%), the Philippines (X%) and Thailand (X%). The following importers - Malaysia (X tons) and Vietnam (X tons) - each recorded an X% share of total imports.

China was also the fastest-growing in terms of the caramel imports, with a CAGR of +X% from 2007 to 2020. At the same time, Indonesia (+X%), Vietnam (+X%), the Philippines (+X%), Malaysia (+X%), Thailand (+X%) and South Korea (+X%) displayed positive paces of growth. While the share of China (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Malaysia (-X p.p.), Thailand (-X p.p.) and South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported caramel in Asia, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the caramel import price in Asia amounted to $X per ton, declining by -X% against the previous year. In general, the import price recorded a mild reduction. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. Over the period under review, import prices attained the maximum at $X per ton in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of caramel consumption was China, comprising approx. 48% of total volume. Moreover, caramel consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Indonesia ranked third in terms of total consumption with a 7.8% share.
The countries with the highest volumes of production in 2022 were Thailand, China and India, with a combined 74% share of total production.
In value terms, China, Thailand and Malaysia were the countries with the highest levels of exports in 2022, together accounting for 74% of total exports. Vietnam, South Korea, Indonesia and India lagged somewhat behind, together comprising a further 17%.
In value terms, China constitutes the largest market for imported caramel in Asia, comprising 45% of total imports. The second position in the ranking was held by Indonesia, with a 9.2% share of total imports. It was followed by Singapore, with a 6.4% share.
The export price in Asia stood at $712 per ton in 2022, reducing by -1.8% against the previous year.
The import price in Asia stood at $716 per ton in 2022, approximately equating the previous year.

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia, split by region and country
  • Trade (exports and imports) in Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Armenia
    • Azerbaijan
    • Bahrain
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cyprus
    • Georgia
    • India
    • Indonesia
    • Iran
    • Iraq
    • Israel
    • Japan
    • Jordan
    • Kazakhstan
    • Kuwait
    • Kyrgyzstan
    • Lebanon
    • Malaysia
    • Maldives
    • Mongolia
    • Myanmar
    • Nepal
    • Oman
    • Pakistan
    • Palestine
    • Philippines
    • Qatar
    • Saudi Arabia
    • Singapore
    • South Korea
    • Sri Lanka
    • Syrian Arab Republic
    • Taiwan (Chinese)
    • Tajikistan
    • Thailand
    • Timor-Leste
    • Turkey
    • Turkmenistan
    • United Arab Emirates
    • Uzbekistan
    • Vietnam
    • Yemen
    • Lao People's Democratic Republic
    • Democratic People's Republic of Korea

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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