South Africa - Cane Molasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCane Molasses Price in South Africa - 2023
Contents:
- Cane Molasses Price in South Africa (CIF) - 2023
- Cane Molasses Price in South Africa (FOB) - 2022
- Cane Molasses Imports in South Africa
- Cane Molasses Exports in South Africa
Cane Molasses Price in South Africa (CIF) - 2023
The average cane molasses import price stood at $85.0 per ton in July 2023, growing by 6.9% against the previous month. Over the period under review, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in April 2023 an increase of 36% against the previous month. As a result, import price attained the peak level of $126 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Mozambique ($88.0 per ton), while the price for Zambia stood at $82.0 per ton.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Zambia (+1.5%).
Cane Molasses Price in South Africa (FOB) - 2022
In 2022, the average cane molasses export price amounted to $173 per ton, growing by 46% against the previous year. Overall, the export price recorded a measured increase. The growth pace was the most rapid in 2015 when the average export price increased by 126% against the previous year. As a result, the export price attained the peak level of $237 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($440 per ton), while the average price for exports to the Netherlands ($129 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cane Molasses Imports in South Africa
In 2022, supplies from abroad of cane molasses increased by 7.2% to 37K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp curtailment.
In value terms, cane molasses imports surged to $3.7M in 2022. Over the period under review, imports, however, recorded a sharp descent.
| Import of Cane Molasses in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 7.3 | 3.9 | 1.5 | 2.6 | -29.1% |
| Zambia | 2.7 | 1.6 | 1.3 | 1.1 | -25.9% |
| Swaziland | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 10.3 | 5.7 | 2.9 | 3.7 | -28.9% |
Top Suppliers of Cane Molasses to South Africa in 2022:
- Mozambique (23.6K tons)
- Zambia (13.0K tons)
Cane Molasses Exports in South Africa
In 2022, overseas shipments of cane molasses decreased by -89.9% to 1.8K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 281% against the previous year. As a result, the exports attained the peak of 35K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cane molasses exports reduced rapidly to $304K in 2022. Over the period under review, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 84% against the previous year. As a result, the exports attained the peak of $3.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cane Molasses in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 163 | 210 | 213 | 218 | 10.2% |
| Namibia | 13.0 | 1.3 | 253 | 54.1 | 60.8% |
| Swaziland | 0.3 | 0.3 | 0.3 | 24.5 | 333.9% |
| Norway | N/A | 1,373 | N/A | N/A | 0% |
| Thailand | N/A | N/A | 1,585 | N/A | 0% |
| United States | 538 | 133 | N/A | N/A | -75.3% |
| Italy | 846 | 1.8 | N/A | N/A | -99.8% |
| Netherlands | 313 | N/A | N/A | N/A | 0% |
| Turkey | N/A | 1,688 | N/A | N/A | 0% |
| Others | 23.5 | 79.7 | 7.5 | 6.7 | -34.2% |
| Total | 1,898 | 3,487 | 2,059 | 304 | -45.7% |
Top Export Markets for Cane Molasses from South Africa in 2022:
- Botswana (1436.5 tons)
- Namibia (262.6 tons)
- Swaziland (55.7 tons)
- Netherlands (0.1 tons)
This report provides an in-depth analysis of the cane molasses market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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This report provides an in-depth analysis of the cane molasses market in South Africa.
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This report provides an in-depth analysis of the molasse market in South Africa.
366
This report provides an in-depth analysis of the non-cane molasses market in South Africa.
3589
This report provides an in-depth analysis of the global cane molasses market.
936
This report provides an in-depth analysis of the global molasse market.
1283
This report provides an in-depth analysis of the global non-cane molasses market.
551
This report provides an in-depth analysis of the cane molasses market in South Africa.
326
This report provides an in-depth analysis of the molasse market in South Africa.
366
This report provides an in-depth analysis of the non-cane molasses market in South Africa.
3589
This report provides an in-depth analysis of the global cane molasses market.
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In July 2023, the price of Cane Molasses was $85.0 per ton (CIF, South Africa), reflecting a 6.9% increase compared to the previous month.
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In July 2023, the price of Cane Molasses was $85.0 per ton (CIF, South Africa), reflecting a 6.9% increase compared to the previous month.
2877
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...
1118
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.
3170
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
