EU: Cane Molasses Market 2024

Cane Molasses Market Size in the EU

The EU cane molasses market fell markedly to $X in 2022, dropping by X% against the previous year. Overall, consumption recorded a slight expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Cane Molasses Production in the EU

In value terms, cane molasses production skyrocketed to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

Cane Molasses Exports

Exports in the EU

In 2022, overseas shipments of cane molasses increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports, however, continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, cane molasses exports reached $X in 2022. Over the period under review, exports saw a notable increase. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) dominates exports structure, together mixing up X% of total exports. It was distantly followed by Ireland (X tons) and Germany (X tons), together creating an X% share of total exports. The following exporters - Spain (X tons), Italy (X tons) and Portugal (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, falling by X% against the previous year. Export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cane molasses export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Cane Molasses Imports

Imports in the EU

In 2022, supplies from abroad of cane molasses increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cane molasses imports surged to $X in 2022. In general, imports saw a notable increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

The Netherlands was the key importing country with an import of around X tons, which finished at X% of total imports. Spain (X tons) ranks second in terms of the total imports with a X% share, followed by France (X%), Italy (X%), Ireland (X%) and Germany (X%). Belgium (X tons) followed a long way behind the leaders.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Italy (X%), Ireland (X%) and Spain (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, France (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Italy, Ireland, Spain and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported cane molasses in the European Union, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by France, with a X% share.

In the Netherlands, cane molasses imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (X% per year) and France (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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