Belarus: Non-Cane Molasses Market 2025

Non-Cane Molasses Market Size in Belarus

In 2022, the Belarusian non-cane molasses market decreased by -34.8% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2021, and then fell notably in the following year.

Non-Cane Molasses Production in Belarus

In value terms, non-cane molasses production reached $X in 2022 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.4% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 77% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Non-Cane Molasses Exports

Exports from Belarus

In 2022, shipments abroad of molasses (excluding cane molasses) was finally on the rise to reach X tons after two years of decline. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 206% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, non-cane molasses exports surged to $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 262% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons), Lithuania (X tons) and Latvia (X tons) were the main destinations of non-cane molasses exports from Belarus, together accounting for 32% of total exports. Belgium, Norway, Denmark and Spain lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +38.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Belgium ($X) and Lithuania ($X) were the largest markets for non-cane molasses exported from Belarus worldwide, with a combined 27% share of total exports.

In terms of the main countries of destination, Norway, with a CAGR of +67.7%, saw the highest rates of growth with regard to 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 average non-cane molasses export price stood at $X per ton in 2022, jumping by 18% against the previous year. Overall, the export price recorded perceptible growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($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 Norway (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cane Molasses Imports

Imports into Belarus

After two years of decline, purchases abroad of molasses (excluding cane molasses) increased by 178% to X tons in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 10,973%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, non-cane molasses imports skyrocketed to $X in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 7,717%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the main non-cane molasses supplier to Belarus, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at +45.4%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +51.0%.

Import Prices by Country

The average non-cane molasses import price stood at $X per ton in 2022, picking up by 10% against the previous year. In general, the import price recorded a perceptible expansion. The growth pace was the most rapid in 2021 an increase of 90% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 +3.9% per year.

Source: IndexBox Platform

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