Croatia: Cane Molasses Market 2025

Cane Molasses Market Size in Croatia

In 2022, the Croatian cane molasses market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption enjoyed resilient growth. Cane molasses consumption peaked in 2022 and is expected to retain growth in the near future.

Cane Molasses Production in Croatia

In value terms, cane molasses production fell sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cane Molasses Exports

Exports from Croatia

In 2022, shipments abroad of cane molasses decreased by X% to X kg, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cane molasses exports fell sharply to $X in 2022. In general, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for cane molasses exports from Croatia, accounting for a X% share of total exports. Moreover, cane molasses exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Montenegro (X% per year).

In value terms, Bosnia and Herzegovina ($X), Montenegro ($X) and Serbia ($X) were the largest markets for cane molasses exported from Croatia worldwide.

Serbia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average cane molasses export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked in 2022 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 Montenegro ($X per ton), while the average price for exports to Bosnia and Herzegovina ($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 Montenegro (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cane Molasses Imports

Imports into Croatia

In 2022, overseas purchases of cane molasses increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, cane molasses imports skyrocketed to $X in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hungary (X tons) was the main cane molasses supplier to Croatia, with a X% share of total imports. It was followed by Italy (X tons), with a X% share of total imports. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, Hungary ($X) constituted the largest supplier of cane molasses to Croatia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

The average cane molasses import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Italy ($X per ton), while the price for Hungary ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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