Report Update Nov 1, 2024

Kenya - Cane Molasses - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Cane Molasses Market 2024

Cane Molasses Market Size in Kenya

The Kenyan cane molasses market rose remarkably to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Cane molasses consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Cane Molasses Production in Kenya

In value terms, cane molasses production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Cane Molasses Exports

Exports from Kenya

In 2022, overseas shipments of cane molasses decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced sharply in the following year.

In value terms, cane molasses exports dropped dramatically to $X in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Uganda (X tons) was the main destination for cane molasses exports from Kenya, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Uganda totaled X%.

In value terms, Uganda ($X) also remains the key foreign market for cane molasses exports from Kenya.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda stood at X%.

Export Prices by Country

In 2022, the average cane molasses export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price, however, showed a deep slump. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to X% per year.

Cane Molasses Imports

Imports into Kenya

After four years of decline, supplies from abroad of cane molasses increased by X% to X tons in 2022. Over the period under review, imports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, cane molasses imports expanded modestly to $X in 2022. In general, imports, however, continue to indicate a dramatic downturn. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Uganda (X tons) was the main cane molasses supplier to Kenya, with a X% share of total imports. It was followed by Tanzania (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Uganda amounted to X%.

In value terms, Uganda ($X) constituted the largest supplier of cane molasses to Kenya, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Uganda amounted to X%.

Import Prices by Country

The average cane molasses import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then reduced modestly in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cane molasses in the world?

Curacao constituted the country with the largest volume of cane molasses consumption, accounting for 21% of total volume. Moreover, cane molasses consumption in Curacao exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by Russia, with a 7.6% share.

What are the largest producers of cane molasses in the world?

The countries with the highest volumes of cane molasses production in 2020 were China, Russia and India, with a combined 28% share of global production.

What are the leading suppliers of cane molasses to Kenya?

In value terms, Egypt $911) and Malaysia $603) appeared to be the largest cane molasses suppliers to Kenya.

What are the leading importers of cane molasses from Kenya?

In value terms, Uganda remains the key foreign market for cane molasses exports from Kenya.

What is the average export price for cane molasses in Kenya?

In 2020, the average cane molasses export price amounted to $47 per ton, declining by -7.1% against the previous year.

What is the average import price for cane molasses in Kenya?

In 2020, the average cane molasses import price amounted to $2,502 per ton, with an increase of 626% against the previous year.

This report provides an in-depth analysis of the cane molasses market in Kenya. 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 10811430 - Cane molasses

Country coverage:

Kenya

Data coverage:

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