Report Update Nov 1, 2024

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

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Finland: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Finland

The Finnish non-cane molasses market surged to $X in 2022, jumping by 44% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Non-Cane Molasses Production in Finland

In value terms, non-cane molasses production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild reduction. Non-cane molasses production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Non-Cane Molasses Exports

Exports from Finland

In 2022, after two years of growth, there was significant decline in shipments abroad of molasses (excluding cane molasses), when their volume decreased by -59.4% to X kg. Overall, exports showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 6,000% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, non-cane molasses exports contracted rapidly to $X in 2022. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 14,100% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Estonia (X kg) was the main destination for non-cane molasses exports from Finland, with a 97% share of total exports. It was followed by Russia (X kg), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia amounted to +26.0%.

In value terms, Estonia ($X) remains the key foreign market for molasses (excluding cane molasses) exports from Finland, comprising 97% of total exports. The second position in the ranking was held by Russia ($X), with a 2.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia stood at +91.2%.

Export Prices by Country

In 2022, the average non-cane molasses export price amounted to $X per ton, growing by 52% against the previous year. Overall, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 133% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cane Molasses Imports

Imports into Finland

In 2022, supplies from abroad of molasses (excluding cane molasses) increased by 53% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-cane molasses imports soared to $X in 2022. In general, imports posted mild growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Denmark (X tons) constituted the largest supplier of non-cane molasses to Finland, accounting for a 49% share of total imports. Moreover, non-cane molasses imports from Denmark exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold. The third position in this ranking was taken by Belarus (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark amounted to +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+122.2% per year) and Belarus (+6.4% per year).

In value terms, Denmark ($X) constituted the largest supplier of molasses (excluding cane molasses) to Finland, comprising 48% of total imports. The second position in the ranking was held by Pakistan ($X), with a 17% share of total imports. It was followed by Sweden, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark totaled +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+78,527.2% per year) and Sweden (+104.4% per year).

Import Prices by Country

In 2022, the average non-cane molasses import price amounted to $X per ton, with an increase of 4.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 22%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.0%), 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?

The country with the largest volume of non-cane molasses consumption was China, accounting for 17% of total volume. Moreover, non-cane molasses consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption 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, accounting for 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 Finland?

In value terms, the largest non-cane molasses suppliers to Finland were Denmark, Belarus and Sweden, together comprising 82% of total imports.

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

In value terms, Estonia remains the key foreign market for non-cane molasses exports from Finland.

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

In 2021, the average non-cane molasses export price amounted to $1,838 per ton, almost unchanged from the previous year.

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

In 2021, the average non-cane molasses import price amounted to $192 per ton, rising by 21% against the previous year.

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

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023