Germany: Molasse Market 2024

Molasse Market Size in Germany

In 2022, the German molasse market increased by 123% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption enjoyed a pronounced increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Molasse Production in Germany

In value terms, molasse production soared to $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +63.0% against 2018 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Molasse Exports

Exports from Germany

In 2022, overseas shipments of molasses decreased by -48.2% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 61% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, molasse exports reduced sharply to $X in 2022. In general, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and the Czech Republic (X tons) were the main destinations of molasse exports from Germany, together comprising 77% of total exports. France, Italy, the UK and Denmark lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +21.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and the UK ($X) appeared to be the largest markets for molasse exported from Germany worldwide, with a combined 73% share of total exports. Italy, France, the Czech Republic and Denmark lagged somewhat behind, together comprising a further 19%.

Among the main countries of destination, Denmark, with a CAGR of +25.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average molasse export price amounted to $X per ton, surging by 8.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Czech Republic ($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 (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Molasse Imports

Imports into Germany

In 2022, purchases abroad of molasses was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, molasse imports skyrocketed to $X in 2022. In general, imports, however, recorded a pronounced decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), India (X tons) and Nicaragua (X tons) were the main suppliers of molasse imports to Germany, together comprising 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Nicaragua (with a CAGR of +195.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), India ($X) and Paraguay ($X) appeared to be the largest molasse suppliers to Germany, with a combined 74% share of total imports. Nicaragua, the UK, Belgium, France, Poland and Denmark lagged somewhat behind, together comprising a further 16%.

Nicaragua, with a CAGR of +200.8%, saw the highest growth rate of 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 molasse import price amounted to $X per ton, picking up by 9.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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