Australia - Cane Molasses - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCane Molasses Price in Australia - 2023
Contents:
- Cane Molasses Price in Australia (FOB) - 2022
- Cane Molasses Price in Australia (CIF) - 2022
- Cane Molasses Exports in Australia
- Cane Molasses Imports in Australia
Cane Molasses Price in Australia (FOB) - 2022
In 2022, the average cane molasses export price amounted to $167 per ton, increasing by 2.8% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cane molasses export price increased by +75.0% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 35%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($197 per ton) and Thailand ($177 per ton), while the average price for exports to New Zealand ($148 per ton) and the United States ($168 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cane Molasses Price in Australia (CIF) - 2022
The average cane molasses import price stood at $542 per ton in 2022, reducing by -5.4% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 211%. As a result, import price reached the peak level of $2,949 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,778 per ton), while the price for Vietnam ($391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cane Molasses Exports in Australia
For the fourth consecutive year, Australia recorded growth in overseas shipments of cane molasses, which increased by 15% to 403K tons in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, cane molasses exports surged to $68M in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 112%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cane Molasses in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 9.2 | 13.8 | 22.4 | 32.4 | 52.1% |
| South Korea | N/A | N/A | 19.9 | 25.9 | 30.2% |
| United States | 9.5 | N/A | 5.5 | 6.3 | -12.8% |
| Thailand | N/A | 11.5 | 9.0 | 2.7 | -51.5% |
| Others | N/A | 1.6 | N/A | 0.2 | -64.6% |
| Total | 18.8 | 26.9 | 57.0 | 67.5 | 53.1% |
Top Export Markets for Cane Molasses from Australia in 2022:
- New Zealand (218.9K tons)
- South Korea (131.6K tons)
- United States (37.8K tons)
- Thailand (15.0K tons)
Cane Molasses Imports in Australia
For the third year in a row, Australia recorded decline in overseas purchases of cane molasses, which decreased by -7.9% to 1.8K tons in 2022. Over the period under review, imports continue to indicate a sharp contraction.
In value terms, cane molasses imports declined to $973K in 2022. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cane Molasses in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.2 | 1.0 | 0.5 | 0.6 | -20.6% |
| India | 0.2 | 0.3 | 0.5 | 0.2 | 0.0% |
| Thailand | 7.8 | 10.4 | N/A | N/A | 33.3% |
| Mozambique | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 9.3 | 11.9 | 1.1 | 1.0 | -52.4% |
Top Suppliers of Cane Molasses to Australia in 2022:
- Vietnam (1569.2 tons)
- India (115.7 tons)
- Mozambique (68.8 tons)
This report provides an in-depth analysis of the cane molasses market in Australia. 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 2030.
Product coverage:
- Prodcom 10811430 - Cane molasses
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
468
This report provides an in-depth analysis of the cane molasses market in Australia.
351
This report provides an in-depth analysis of the molasse market in Australia.
436
This report provides an in-depth analysis of the non-cane molasses market in Australia.
3583
This report provides an in-depth analysis of the global cane molasses market.
935
This report provides an in-depth analysis of the global molasse market.
1282
This report provides an in-depth analysis of the global non-cane molasses market.
468
This report provides an in-depth analysis of the cane molasses market in Australia.
351
This report provides an in-depth analysis of the molasse market in Australia.
436
This report provides an in-depth analysis of the non-cane molasses market in Australia.
3583
This report provides an in-depth analysis of the global cane molasses market.
2876
In value terms, molasses imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeab...
1115
In value terms, molasses exports amounted to $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the ...
3208
Global molasse consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3169
From 2007 to 2015, global exports on the molasses market displayed sharp fluctuations. In 2007 and 2010, exports increased significantly with consequent reductions in 2008 and 2011. From 2011 to 2015, values of exports were
4569
Global molasses market production reached X thousand tons in 2015, with a mixed dynamic over the last few years. The decline in 2009 was followed by a recovery, until the volume levelled off in 2013-2014.
2457
The global molasses market dynamic fluctuated over the period under review. A significant drop in 2009 was followed by a period of recovery over the next three years, until the market contracted again. From 2013-2014, the market showed ascent, finally
1732
Indonesia dominates in the global molasses trade. In 2014, Indonesia exported X thousand tons of molasses totaling X million USD, a robust X% over the previous year. Its primary trading partner was the Republic of Korea, where it supplied X% of
