Report Update Jan 1, 2025

Canada - Molasses (Excluding Cane Molasses) - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Non-Cane Molasses Market 2025

Non-Cane Molasses Market Size in Canada

The Canadian non-cane molasses market rose rapidly to $X in 2022, picking up by 10% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Non-cane molasses consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Non-Cane Molasses Production in Canada

In value terms, non-cane molasses production expanded to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 33% against the previous year. Non-cane molasses production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Non-Cane Molasses Exports

Exports from Canada

In 2022, approx. X tons of molasses (excluding cane molasses) were exported from Canada; picking up by 19% compared with the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 209%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-cane molasses exports rose rapidly to $X in 2022. Over the period under review, exports showed a slight increase. The pace of growth was the most pronounced in 2016 when exports increased by 207%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) and South Korea (X tons) were the main destinations of non-cane molasses exports from Canada.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +3.4%).

In value terms, the United States ($X) and South Korea ($X) were the largest markets for non-cane molasses exported from Canada worldwide.

The United States, with a CAGR of +1.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average non-cane molasses export price stood at $X per ton in 2022, falling by -10.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%), while the prices for the other major destinations experienced a decline.

Non-Cane Molasses Imports

Imports into Canada

In 2022, imports of molasses (excluding cane molasses) into Canada soared to X tons, jumping by 25% against 2021. Overall, imports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2020 with an increase of 102%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, non-cane molasses imports surged to $X in 2022. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +143.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 108%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Egypt (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of non-cane molasses imports to Canada, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +191.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cane molasses suppliers to Canada were Egypt ($X), the United States ($X) and India ($X), with a combined 96% share of total imports.

Egypt, with a CAGR of +198.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average non-cane molasses import price amounted to $X per ton, growing by 27% against the previous year. Overall, the import price showed a noticeable expansion. The growth pace was the most rapid in 2015 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 India ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molasses (excluding cane molasses) in the world?

China constituted the country with the largest volume of non-cane molasses consumption, comprising approx. 17% of total volume. Moreover, non-cane molasses consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.2% share.

What are the largest producers of molasses (excluding cane molasses) in the world?

The country with the largest volume of non-cane molasses production was China, comprising approx. 17% of total volume. Moreover, non-cane molasses production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of molasses (excluding cane molasses) to Canada?

In value terms, the largest non-cane molasses suppliers to Canada were the United States, Egypt and India, with a combined 94% share of total imports.

What are the leading importers of molasses (excluding cane molasses) from Canada?

In value terms, the United States emerged as the key foreign market for non-cane molasses exports from Canada, comprising 72% of total exports. The second position in the ranking was occupied by South Korea, with a 27% share of total exports.

What is the average export price for molasses (excluding cane molasses) in Canada?

The average non-cane molasses export price stood at $172 per ton in 2021, with an increase of 42% against the previous year.

What is the average import price for molasses (excluding cane molasses) in Canada?

In 2021, the average non-cane molasses import price amounted to $294 per ton, growing by 41% against the previous year.

This report provides an in-depth analysis of the non-cane molasses market in Canada. 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:

Prodcom 10811450 - Molasses obtained from the extraction or refining of sugar (excluding cane molasses)

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024