Colombia - Molasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMolasse Price in Colombia - 2022
Contents:
- Molasse Price in Colombia (FOB) - 2022
- Molasse Price in Colombia (CIF) - 2022
- Molasse Exports in Colombia
- Molasse Imports in Colombia
Molasse Price in Colombia (FOB) - 2022
The average molasse export price stood at $172 per ton in 2022, with a decrease of -9% against the previous year. Overall, the export price showed a mild setback. The growth pace was the most rapid in 2018 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices attained the maximum at $202 per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 the UK ($268 per ton), while the average price for exports to Ecuador ($102 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 United States (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Molasse Price in Colombia (CIF) - 2022
The average molasse import price stood at $121 per ton in 2022, flattening at the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2015 an increase of 124% against the previous year. Over the period under review, average import prices attained the peak figure at $261 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -5.3% per year.
Molasse Exports in Colombia
In 2022, approx. 34K tons of molasses were exported from Colombia; rising by 67% compared with the previous year's figure. In general, exports showed notable growth.
In value terms, molasse exports skyrocketed to $5.8M in 2022. Over the period under review, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 65%. As a result, the exports reached the peak of $7.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Molasse in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 5.4 | 2.7 | 5.5 | 50.9% |
| Ecuador | 0.6 | 0.2 | 0.1 | 0.1 | -45.0% |
| Barbados | N/A | 0.8 | 0.5 | N/A | -37.5% |
| United Kingdom | 0.6 | 0.1 | 0.1 | N/A | -59.2% |
| France | N/A | 0.7 | N/A | N/A | 0% |
| Saint Lucia | N/A | 0.3 | N/A | N/A | 0% |
| Others | 1.9 | 0.3 | 0.6 | 0.3 | -46.0% |
| Total | 4.8 | 7.8 | 3.8 | 5.8 | 6.5% |
Top Export Markets for Molasse from Colombia in 2022:
- United States (32.8K tons)
- Ecuador (0.6K tons)
- United Kingdom (0.1K tons)
Molasse Imports in Colombia
Molasse imports into Colombia reduced dramatically to 1.1K tons in 2022, which is down by -48% on 2021 figures. In general, imports, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,431% against the previous year. As a result, imports reached the peak of 2.1K tons, and then reduced remarkably in the following year.
In value terms, molasse imports dropped sharply to $132K in 2022. Overall, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 2,629%. As a result, imports reached the peak of $254K, and then contracted remarkably in the following year.
| Import of Molasse in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 77.2 | 9.2 | 53.0 | 130 | 19.0% |
| China | N/A | N/A | 198 | N/A | 0% |
| Others | 28.0 | 0.1 | 3.5 | 1.9 | -59.2% |
| Total | 105 | 9.3 | 254 | 132 | 7.9% |
Top Suppliers of Molasse to Colombia in 2022:
- Peru (1085.5 tons)
This report provides an in-depth analysis of the molasse market in Colombia. 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:
- FCL 165 - Molasses
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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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...
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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 ...
3200
Global molasse consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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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
4565
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.
2452
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
1731
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
