Report Update Nov 1, 2024

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

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Ireland: Molasse Market 2024

Molasse Market Size in Ireland

The Irish molasse market surged to $X in 2022, with an increase of 8,604% against the previous year. In general, consumption showed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Molasse Production in Ireland

In value terms, molasse production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a mild slump. The pace of growth was the most pronounced in 2018 when the production volume increased by 13%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Molasse Exports

Exports from Ireland

In 2022, shipments abroad of molasses was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, recorded a pronounced curtailment. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, molasse exports soared to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for molasse exports from Ireland, with a 99% share of total exports. It was followed by the United Arab Emirates (X tons), with a 1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +246.0%.

In value terms, the UK ($X) emerged as the key foreign market for molasses exports from Ireland, comprising 97% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 2.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to +168.9%.

Export Prices by Country

In 2022, the average molasse export price amounted to $X per ton, shrinking by -45.6% against the previous year. Over the period under review, the export price, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2021 an increase of 124%. As a result, the export price reached the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the UK amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.3%).

Molasse Imports

Imports into Ireland

In 2022, purchases abroad of molasses decreased by 0% to X tons, falling for the fourth year in a row after two years of growth. Overall, imports showed pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, molasse imports amounted to $X in 2022. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 49% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Pakistan (X tons), India (X tons) and the United States (X tons) were the main suppliers of molasse imports to Ireland, with a combined 70% share of total imports. Mozambique, the UK, El Salvador, Honduras and Egypt lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +49.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), India ($X) and Mozambique ($X) appeared to be the largest molasse suppliers to Ireland, together accounting for 74% of total imports.

Mozambique, with a CAGR of +72.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average molasse import price stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price saw a notable increase. The pace of growth appeared the most rapid in 2020 an increase of 26% against the previous year. The import price peaked 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 Egypt ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+53.0%), 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 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 comprising 50% of global production.

What are the leading suppliers of molasses to Ireland?

In value terms, India constituted the largest supplier of molasse to Ireland, comprising 41% of total imports. The second position in the ranking was occupied by Honduras, with a 14% share of total imports. It was followed by the UK, with a 13% share.

What are the leading importers of molasses from Ireland?

In value terms, the UK remains the key foreign market for molasse exports from Ireland.

What is the average export price for molasses in Ireland?

In 2021, the average molasse export price amounted to $275 per ton, jumping by 19% against the previous year.

What is the average import price for molasses in Ireland?

In 2021, the average molasse import price amounted to $201 per ton, waning by -2.3% against the previous year.

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

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
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