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

Russian Federation - Cane Molasses - Market Analysis, Forecast, Size, Trends And Insights

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Cane Molasses Price in Russia - 2022

Contents:

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

Cane Molasses Price in Russia (CIF) - 2022

In 2022, the average cane molasses import price amounted to $294 per ton, with a decrease of -9.9% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 425% against the previous year. Over the period under review, average import prices hit record highs at $1,044 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,171 per ton), while the price for Finland amounted to $876 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Cane Molasses Price in Russia (FOB) - 2022

The average cane molasses export price stood at $2,313 per ton in 2022, jumping by 30% against the previous year. Over the period under review, the export price posted significant growth. The most prominent rate of growth was recorded in 2017 an increase of 1,481%. The export price peaked at $4,428 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2015 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +53.0% per year.

Cane Molasses Imports in Russia

In 2022, imports of cane molasses into Russia soared to 1.2K tons, growing by 52% on 2021 figures. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 124%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, cane molasses imports skyrocketed to $350K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cane Molasses in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.926.947.871.034.9%
Finland1.60.51.72.414.5%
Vietnam63.493.674.2N/A8.2%
IndiaN/AN/A6.0N/A0%
Others45.833.112627782.2%
Total14015425635035.7%

Top Suppliers of Cane Molasses to Russia in 2022:

  1. Germany (60.6 tons)
  2. Finland (2.7 tons)

Cane Molasses Exports in Russia

In 2022, after three years of growth, there was significant decline in overseas shipments of cane molasses, when their volume decreased by -98.1% to 16 kg. Over the period under review, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 444%.

In value terms, cane molasses exports fell significantly to $37 in 2022. Overall, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 147%. As a result, the exports reached the peak of $1.6K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cane Molasses in Russia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan4.032664237.0109.9%
ArmeniaN/A1,112N/AN/A0%
Belarus638N/A695N/A4.4%
UkraineN/A150182N/A21.3%
OthersN/AN/AN/AN/A0%
Total6421,5881,51937.0-61.4%

Top Export Markets for Cane Molasses from Russia in 2022:

  1. Kazakhstan (16.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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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