Indonesia - Cane Molasses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Indonesia - Cane Molasses - Market Analysis, Forecast, Size, Trends And Insights

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Cane Molasses Price in Indonesia - 2022

Contents:

  1. Cane Molasses Price in Indonesia (FOB) - 2022
  2. Cane Molasses Price in Indonesia (CIF) - 2022
  3. Cane Molasses Exports in Indonesia
  4. Cane Molasses Imports in Indonesia

Cane Molasses Price in Indonesia (FOB) - 2022

The average cane molasses export price stood at $174 per ton in 2022, with an increase of 5.7% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +47.1% against 2017 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 52%. The export price peaked at $209 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($193 per ton) and Vietnam ($182 per ton), while the average price for exports to the Philippines ($168 per ton) and South Korea ($175 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 the Philippines (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cane Molasses Price in Indonesia (CIF) - 2022

In 2022, the average cane molasses import price amounted to $291 per ton, with an increase of 22% against the previous year. In general, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 635%. Over the period under review, average import prices reached the maximum at $1,503 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,075 per ton), while the price for Malaysia ($240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+45.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Cane Molasses Exports in Indonesia

In 2022, the amount of cane molasses exported from Indonesia dropped significantly to 91K tons, which is down by -84.1% against the previous year. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year.

In value terms, cane molasses exports declined notably to $16M in 2022. Overall, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $94M, and then dropped sharply in the following year.

Export of Cane Molasses in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines50.440.844.38.7-44.3%
Vietnam4.97.317.83.5-10.6%
South Korea16.24.311.22.2-48.6%
Japan5.99.75.21.3-39.6%
ThailandN/A10.715.3N/A43.0%
Taiwan (Chinese)4.3N/AN/AN/A0%
Others0.50.20.2N/A-36.8%
Total82.273.194.015.8-42.3%

Top Export Markets for Cane Molasses from Indonesia in 2022:

  1. Philippines (51.8K tons)
  2. Vietnam (19.2K tons)
  3. South Korea (12.5K tons)
  4. Japan (6.9K tons)

Cane Molasses Imports in Indonesia

In 2022, supplies from abroad of cane molasses decreased by -25.5% to 2.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 749% against the previous year. As a result, imports attained the peak of 3.2K tons, and then dropped notably in the following year.

In value terms, cane molasses imports dropped to $688K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 170%. As a result, imports reached the peak of $758K, and then contracted in the following year.

Import of Cane Molasses in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.375.5597529443.2%
United Arab Emirates3.3180124110221.8%
United States96.323.727.442.5-23.9%
Others9.41.69.37.2-8.5%
Total11228175868883.1%

Top Suppliers of Cane Molasses to Indonesia in 2022:

  1. Malaysia (2205.2 tons)
  2. United Arab Emirates (108.2 tons)
  3. United States (39.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cane molasses market in Indonesia. 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:

  • Indonesia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Indonesia
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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