United Kingdom - Molasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMolasse Price in the UK - 2023
Contents:
- Molasse Price in the UK (CIF) - 2022
- Molasse Price in the UK (FOB) - 2023
- Molasse Imports in the UK
- Molasse Exports in the UK
Molasse Price in the UK (CIF) - 2022
The average molasse import price stood at $253 per ton in 2022, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2013 an increase of 18% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Egypt ($305 per ton) and Honduras ($292 per ton), while the price for the United States ($209 per ton) and Mozambique ($224 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Molasse Price in the UK (FOB) - 2023
The average molasse export price stood at $628 per ton in August 2023, picking up by 15% against the previous month. In general, export price indicated a perceptible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, molasse export price decreased by -7.2% against June 2023 indices. The growth pace was the most rapid in October 2022 when the average export price increased by 34% m-o-m. The export price peaked at $677 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Spain ($1,929 per ton), while the average price for exports to Egypt ($314 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Molasse Imports in the UK
In 2022, purchases abroad of molasses was finally on the rise to reach 635K tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, molasse imports soared to $161M in 2022. Over the period under review, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Molasse in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 34.0 | 8.4 | 26.0 | 70.2 | 27.3% |
| Pakistan | 0.9 | 0.2 | 0.3 | 23.5 | 196.7% |
| Poland | 5.6 | 5.1 | 10.3 | 16.1 | 42.2% |
| United States | 7.3 | 10.0 | 10.1 | 11.7 | 17.0% |
| Egypt | 0.6 | 9.2 | 3.6 | 9.1 | 147.5% |
| Honduras | 3.9 | 7.1 | 2.1 | 7.8 | 26.0% |
| Mozambique | N/A | 3.3 | 3.3 | 3.3 | 0.0% |
| Algeria | 2.8 | 1.3 | 3.5 | 3.0 | 2.3% |
| Ireland | 2.1 | 2.3 | 4.5 | 3.0 | 12.6% |
| Guatemala | 13.5 | 18.1 | 0.8 | 2.4 | -43.8% |
| El Salvador | 5.4 | 2.9 | 2.5 | N/A | -32.0% |
| Others | 18.5 | 33.3 | 22.1 | 10.7 | -16.7% |
| Total | 94.6 | 101 | 89.2 | 161 | 19.4% |
Top Suppliers of Molasse to the UK in 2022:
- India (282.2K tons)
- Pakistan (93.4K tons)
- Poland (61.0K tons)
- United States (56.0K tons)
- Egypt (29.8K tons)
- Honduras (26.8K tons)
- Mozambique (14.8K tons)
- Algeria (11.1K tons)
- Ireland (11.1K tons)
- Guatemala (8.0K tons)
Molasse Exports in the UK
In 2022, after three years of growth, there was significant decline in overseas shipments of molasses, when their volume decreased by -17.7% to 38K tons. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.
In value terms, molasse exports plummeted to $17M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.
| Export of Molasse in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 5.2 | 0% |
| Netherlands | 2.7 | 2.8 | 4.6 | 5.0 | 22.8% |
| Poland | 0.7 | 1.6 | 1.3 | 1.2 | 19.7% |
| Germany | 1.4 | 1.7 | 1.3 | 0.9 | -13.7% |
| Spain | 0.4 | 0.6 | 0.8 | 0.7 | 20.5% |
| Denmark | 0.5 | 0.5 | 0.7 | 0.6 | 6.3% |
| Ireland | 7.1 | 9.0 | 6.2 | 0.4 | -61.7% |
| Guyana | N/A | N/A | 2.4 | N/A | 0% |
| Others | 2.6 | 3.4 | 2.8 | 2.4 | -2.6% |
| Total | 15.5 | 19.5 | 20.1 | 16.5 | 2.1% |
Top Export Markets for Molasse from the UK in 2022:
- India (24.2K tons)
- Netherlands (6.4K tons)
- Ireland (1.7K tons)
- Germany (1.3K tons)
- Poland (0.9K tons)
- Denmark (0.8K tons)
- Spain (0.7K tons)
This report provides an in-depth analysis of the molasse market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
450
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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...
1110
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 ...
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Global molasse consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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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.
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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
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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
