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Kenya - Caramel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Caramel Market 2022
Caramel Market Size in Kenya
The Kenyan caramel market shrank modestly to $X in 2020, waning by -X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.
Caramel Production in Kenya
In value terms, caramel production contracted to $X in 2020 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2020, production remained at a lower figure.
Caramel Exports
Exports from Kenya
In 2020, overseas shipments of caramel increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a mild contraction. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.
In value terms, caramel exports surged to $X in 2020. Overall, exports, however, showed a measured increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Tanzania (X tons) was the main destination for caramel exports from Kenya, accounting for a X% share of total exports. Moreover, caramel exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X tons), eightfold. The third position in this ranking was occupied by Democratic Republic of the Congo (X tons), with a X% share.
From 2007 to 2020, the average annual rate of growth in terms of volume to Tanzania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-X% per year) and Democratic Republic of the Congo (+X% per year).
In value terms, Tanzania ($X) remains the key foreign market for caramel exports from Kenya, comprising X% of total exports. The second position in the ranking was occupied by Uganda ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.
From 2007 to 2020, the average annual rate of growth in terms of value to Tanzania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+X% per year) and Nigeria (X% per year).
Export Prices by Country
In 2020, the average caramel export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated buoyant 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 most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Nigeria ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Uganda, while the prices for the other major destinations experienced more modest paces of growth.
Caramel Imports
Imports into Kenya
In 2020, approx. X tons of caramel were imported into Kenya; dropping by -X% compared with 2019 figures. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Imports peaked at X tons in 2019, and then contracted in the following year.
In value terms, caramel imports shrank significantly to $X in 2020. In general, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2019, and then declined significantly in the following year.
Imports by Country
China (X tons), France (X tons) and the UK (X tons) were the main suppliers of caramel imports to Kenya, together comprising X% of total imports.
From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (+X% per year), while imports for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), France ($X) and Swaziland ($X) were the largest caramel suppliers to Kenya, together comprising X% of total imports. China and Turkey lagged somewhat behind, together accounting for a further X the main suppliers, Turkey (+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
The average caramel import price stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Swaziland ($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 Turkey, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the caramel market in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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