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

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

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Cane Molasses Price in Ireland - 2023

Contents:

  1. Cane Molasses Price in Ireland (CIF) - 2022
  2. Cane Molasses Price in Ireland (FOB) - 2023
  3. Cane Molasses Imports in Ireland
  4. Cane Molasses Exports in Ireland

Cane Molasses Price in Ireland (CIF) - 2022

The average cane molasses import price stood at $204 per ton in 2022, rising by 20% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 36%. Over the period under review, average import prices reached the peak figure at $254 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 the UK ($271 per ton), while the price for India ($153 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Cane Molasses Price in Ireland (FOB) - 2023

In August 2023, the average cane molasses export price amounted to $306 per ton, shrinking by -11.7% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in October 2022 an increase of 7% against the previous month. The export price peaked at $346 per ton in July 2023, and then contracted in the following month.

As there is only one major export destination, the average price level is determined by prices for the UK.

From August 2022 to August 2023, the rate of growth in terms of prices for the UK amounted to +1.3% per month.

Cane Molasses Imports in Ireland

In 2022, the amount of cane molasses imported into Ireland surged to 227K tons, rising by 122% on 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 152% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cane molasses imports soared to $46M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cane Molasses in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A15.30%
IndiaN/AN/A10.614.435.8%
MozambiqueN/AN/AN/A6.20%
United States2.5N/AN/A5.328.5%
United Kingdom5.05.96.12.9-16.6%
El SalvadorN/AN/AN/A1.40%
HondurasN/AN/AN/A0.90%
Guatemala6.52.3N/AN/A-64.6%
Others0.1N/A0.7N/A164.6%
Total14.18.217.446.448.7%

Top Suppliers of Cane Molasses to Ireland in 2022:

  1. India (94.1K tons)
  2. Pakistan (60.5K tons)
  3. United States (25.8K tons)
  4. Mozambique (25.7K tons)
  5. United Kingdom (10.6K tons)
  6. El Salvador (6.6K tons)
  7. Honduras (4.1K tons)

Cane Molasses Exports in Ireland

In 2022, the amount of cane molasses exported from Ireland stood at 12K tons, stabilizing at the previous year. In general, exports showed a mild setback. The smallest decline of -1.1% was in 2020.

In value terms, cane molasses exports amounted to $3.3M in 2022. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 8.8%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Cane Molasses in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.62.8N/A3.38.3%
OthersN/AN/AN/AN/A0%
Total2.62.8N/A3.38.3%

Top Export Markets for Cane Molasses from Ireland in 2022:

  1. United Kingdom (12.1K tons)

Source: IndexBox Market Intelligence Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ireland
  • 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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Free Data: Cane Molasses - Ireland