Report Update Nov 1, 2024

India - Molasses - Market Analysis, Forecast, Size, Trends and Insights

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India: Molasse Market 2024

Molasse Market Size in India

In 2022, the Indian molasse market decreased by -3.6% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Molasse Production in India

In value terms, molasse production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 40%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Molasse Exports

Exports from India

In 2022, exports of molasses from India expanded markedly to X tons, growing by 7.7% against 2021. Over the period under review, exports posted buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by 581%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, molasse exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 371% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), the Philippines (X tons) and Vietnam (X tons) were the main destinations of molasse exports from India, with a combined 59% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +381.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for molasse exported from India were the Netherlands ($X), the Philippines ($X) and Vietnam ($X), with a combined 59% share of total exports.

Among the main countries of destination, the Philippines, with a CAGR of +414.9%, recorded the highest rates of growth with regard to 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

The average molasse export price stood at $X per ton in 2022, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth was the most pronounced in 2020 an increase of 26%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Ireland ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Thailand ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Molasse Imports

Imports into India

In 2022, after two years of decline, there was significant growth in purchases abroad of molasses, when their volume increased by 3,469% to X tons. Over the period under review, imports recorded a prominent increase. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, molasse imports surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nepal (X tons) was the main supplier of molasse to India, with a 100% share of total imports. It was followed by Bangladesh (X tons), with a 0.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Nepal stood at +7.4%.

In value terms, Nepal ($X) constituted the largest supplier of molasses to India, comprising 98% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 1.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Nepal totaled +6.2%.

Import Prices by Country

The average molasse import price stood at $X per ton in 2022, shrinking by -74.8% against the previous year. In general, the import price saw a noticeable decrease. The growth pace was the most rapid in 2021 when the average import price increased by 209% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while the price for Nepal stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molasses in the world?

The countries with the highest volumes of in 2021 were India, Brazil and Thailand, with a combined 50% share of global consumption.

What are the largest producers of molasses in the world?

The countries with the highest volumes of in 2021 were India, Brazil and Thailand, together accounting for 50% of global production.

What are the leading suppliers of molasses to India?

In value terms, the United States constituted the largest supplier of molasse to India, comprising 56% of total imports. The second position in the ranking was occupied by Thailand, with a 24% share of total imports.

What are the leading importers of molasses from India?

In value terms, the largest markets for molasse exported from India were Thailand, the Netherlands and South Korea, together comprising 60% of total exports. These countries were followed by the Philippines, Vietnam, the UK and Ireland, which together accounted for a further 25%.

What is the average export price for molasses in India?

In 2021, the average molasse export price amounted to $143 per ton, surging by 3.1% against the previous year.

What is the average import price for molasses in India?

The average molasse import price stood at $218 per ton in 2021, picking up by 238% against the previous year.

This report provides an in-depth analysis of the molasse market in India. 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:

FCL 165 - Molasses

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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
Find deeper insights into current market developments
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