Report Update Apr 1, 2024

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

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Azerbaijan: Molasse Market 2024

Molasse Market Size in Azerbaijan

The Azerbaijani molasse market surged to $X in 2022, jumping by X% against the previous year. Overall, consumption showed a significant increase. Molasse consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Molasse Production in Azerbaijan

In value terms, molasse production rose rapidly to $X in 2022 estimated in export price. In general, production enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Molasse Exports

Exports from Azerbaijan

Molasse exports from Azerbaijan declined markedly to X tons in 2022, which is down by X% against the previous year. Overall, exports saw a sharp curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, molasse exports contracted remarkably to $X in 2022. In general, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X tons) was the main destination for molasse exports from Azerbaijan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Georgia totaled X%.

In value terms, Georgia ($X) also remains the key foreign market for molasses exports from Azerbaijan.

From 2012 to 2022, the average annual growth rate of value to Georgia amounted to X%.

Export Prices by Country

In 2022, the average molasse export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to X% per year.

Molasse Imports

Imports into Azerbaijan

In 2022, imports of molasses into Azerbaijan shrank to X kg, reducing by X% against 2021 figures. Overall, imports showed a sharp decline. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, molasse imports contracted slightly to $X in 2022. Over the period under review, imports recorded a precipitous decline. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of molasse to Azerbaijan, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled X%.

In value terms, Russia ($X) constituted the largest supplier of molasses to Azerbaijan.

From 2012 to 2022, the average annual growth rate of value from Russia totaled X%.

Import Prices by Country

The average molasse import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 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 Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molasses in the world?

The countries with the highest volumes of consumption in 2022 were Brazil, India and China, with a combined 52% share of global consumption. Thailand, Pakistan, the United States, Mexico, Indonesia, Turkey, Australia and the Philippines lagged somewhat behind, together comprising a further 24%.

What are the largest producers of molasses in the world?

The countries with the highest volumes of production in 2022 were Brazil, India and China, together comprising 52% of global production. Thailand, Pakistan, the United States, Mexico, Russia, Indonesia, Australia and the Philippines lagged somewhat behind, together accounting for a further 24%.

What are the leading suppliers of molasses to Azerbaijan?

In value terms, Russia constituted the largest supplier of molasses to Azerbaijan.

What are the leading importers of molasses from Azerbaijan?

In value terms, Georgia remains the key foreign market for molasses exports from Azerbaijan.

What is the average export price for molasses in Azerbaijan?

In 2022, the average molasse export price amounted to $170 per ton, increasing by 23% against the previous year.

What is the average import price for molasses in Azerbaijan?

The average molasse import price stood at $1,105 per ton in 2022, picking up by 2.7% against the previous year.

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

Azerbaijan

Data coverage:

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