Poland: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Poland

The Polish non-cane molasses market surged to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Non-cane molasses consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Cane Molasses Production in Poland

In value terms, non-cane molasses production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a strong expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Non-Cane Molasses Exports

Exports from Poland

Non-cane molasses exports from Poland dropped to X tons in 2022, falling by X% against 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-cane molasses exports skyrocketed to $X in 2022. Overall, total exports indicated prominent growth 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. Based on 2022 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The UK (X tons), the United States (X tons) and Hungary (X tons) were the main destinations of non-cane molasses exports from Poland, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for molasses (excluding cane molasses) exports from Poland, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

Export Prices by Country

The average non-cane molasses export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated measured growth 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, non-cane molasses export price increased by X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Sweden ($X 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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cane Molasses Imports

Imports into Poland

In 2022, non-cane molasses imports into Poland skyrocketed to X tons, rising by X% compared with the previous year. Overall, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-cane molasses imports skyrocketed to $X in 2022. In general, imports, however, faced a deep setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ukraine (X tons) constituted the largest non-cane molasses supplier to Poland, accounting for a X% share of total imports. Moreover, non-cane molasses imports from Ukraine exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), twofold. The third position in this ranking was taken by Latvia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Latvia (X% per year).

In value terms, the largest non-cane molasses suppliers to Poland were Ukraine ($X), Latvia ($X) and Lithuania ($X), with a combined X% share of total imports.

In terms of the main suppliers, Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average non-cane molasses import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price showed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :