Report Update: May 1, 2024

Greece - Molasses - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Molasse Price in Greece - 2023

Molasse Price in Greece (CIF) - 2023

The average molasse import price stood at $287 per ton in August 2023, reducing by -19.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 62% month-to-month. The import price peaked at $356 per ton in July 2023, and then contracted notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Romania ($414 per ton), while the price for Bulgaria ($227 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Romania (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Molasse Price in Greece (FOB) - 2023

The average molasse export price stood at $333 per ton in August 2023, remaining stable against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 59% m-o-m. The export price peaked at $408 per ton in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was Cyprus ($373 per ton), while the average price for exports to North Macedonia amounted to $329 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+1.6%).

Molasse Imports in Greece

In 2022, supplies from abroad of molasses decreased by -17.3% to 15K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of 23K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, molasse imports fell to $3.5M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Molasse in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	1,958	1,963	2,381	1,558	-7.3%
Russia	620	938	901	1,094	20.8%
Italy	21.6	5.4	N/A	554	194.9%
Bulgaria	136	181	53.2	102	-9.1%
Egypt	451	906	528	54.2	-50.7%
Moldova	N/A	262	N/A	N/A	0%
Others	129	172	125	174	10.5%
Total	3,315	4,427	3,988	3,537	2.2%

Top Suppliers of Molasse to Greece in 2022:

Egypt (undefinedK tons)
Serbia (7.2K tons)
Russia (5.3K tons)
Italy (2.1K tons)
Bulgaria (0.3K tons)

Molasse Exports in Greece

In 2022, approx. 739 tons of molasses were exported from Greece; with an increase of 54% compared with the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 164%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, molasse exports surged to $231K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 251% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Molasse in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cyprus	23.0	54.5	133	224	113.6%
Serbia	N/A	N/A	N/A	5.0	0%
Albania	N/A	26.5	16.9	1.1	-79.6%
Bulgaria	N/A	N/A	10.6	N/A	0%
Turkey	N/A	7.8	N/A	N/A	0%
Others	2.3	N/A	0.6	0.7	-32.7%
Total	25.3	88.9	161	231	109.0%

Top Export Markets for Molasse from Greece in 2022:

Bulgaria (undefined tons)
Cyprus (711.8 tons)
Serbia (25.1 tons)
Albania (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molasse market in Greece. 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:

Greece

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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