GCC: Cane Molasses Market 2025

Cane Molasses Market Size in GCC

For the third consecutive year, the GCC cane molasses market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption, however, showed a abrupt contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Cane Molasses Production in GCC

In value terms, cane molasses production skyrocketed to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2016 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Cane Molasses Exports

Exports in GCC

In 2022, shipments abroad of cane molasses decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank notably in the following year.

In value terms, cane molasses exports shrank significantly to $X in 2022. In general, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

The United Arab Emirates represented the major exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Saudi Arabia (X tons), comprising a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the cane molasses exports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest cane molasses supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

In the United Arab Emirates, cane molasses exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a slight reduction. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Cane Molasses Imports

Imports in GCC

Cane molasses imports dropped notably to X tons in 2022, shrinking by X% on 2021. Overall, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cane molasses imports declined notably to $X in 2022. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2013 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Oman (X tons) was the main importer of cane molasses, constituting X% of total imports. Kuwait (X tons) held the second position in the ranking, followed by Bahrain (X tons) and the United Arab Emirates (X tons). All these countries together took approx. X% share of total imports. Qatar (X tons) held a relatively small share of total imports.

Imports into Oman increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Oman (X p.p.), Kuwait (X p.p.), Bahrain (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Oman ($X) constitutes the largest market for imported cane molasses in GCC, comprising X% of total imports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

In Oman, cane molasses imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, increasing by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cane molasses import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Oman ($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 Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform