Denmark: Cane Molasses Market 2024

Cane Molasses Market Size in Denmark

The Danish cane molasses market soared to $X in 2022, rising by X% against the previous year. In general, consumption saw significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cane Molasses Production in Denmark

In value terms, cane molasses production shrank sharply to $X in 2022 estimated in export price. In general, production faced a precipitous decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Cane Molasses Exports

Exports from Denmark

In 2022, shipments abroad of cane molasses decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports recorded a significant curtailment. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cane molasses exports expanded sharply to $X in 2022. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for cane molasses exports from Denmark, accounting for a X% share of total exports. It was followed by Germany (X tons), with a X% share of total exports.

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

In value terms, Norway ($X) emerged as the key foreign market for cane molasses exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Iceland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average cane molasses export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price saw strong growth. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

Cane Molasses Imports

Imports into Denmark

In 2022, imports of cane molasses into Denmark soared to X tons, rising by X% on the previous year's figure. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cane molasses imports soared to $X in 2022. In general, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of cane molasses to Denmark, with a X% share of total imports. Moreover, cane molasses imports from India exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), fourfold. The third position in this ranking was held by Pakistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and Pakistan (X% per year).

In value terms, India ($X) constituted the largest supplier of cane molasses to Denmark, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with an X% share of total imports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Guatemala (X% per year).

Import Prices by Country

In 2022, the average cane molasses import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, posted a moderate expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained 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 ($X per ton), while the price for Nicaragua ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :