Report Update Nov 1, 2024

Luxembourg - Molasses (Excluding Cane Molasses) - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Luxembourg

In 2022, the Luxembourg non-cane molasses market decreased by -3.4% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Cane Molasses Production in Luxembourg

In value terms, non-cane molasses production totaled $X in 2022 estimated in export price. Over the period under review, production saw temperate growth. The growth pace was the most rapid in 2019 with an increase of 88% against the previous year. Non-cane molasses production peaked at $X in 2020; afterwards, it flattened through to 2022.

Non-Cane Molasses Exports

Exports from Luxembourg

Non-cane molasses exports from Luxembourg skyrocketed to X tons in 2022, picking up by 75% on the previous year. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 395% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-cane molasses exports surged to $X in 2022. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 149%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for non-cane molasses exports from Luxembourg, accounting for a 60% share of total exports. Moreover, non-cane molasses exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+14.9% per year) and Hungary (-0.4% per year).

In value terms, Belgium ($X) remains the key foreign market for molasses (excluding cane molasses) exports from Luxembourg, comprising 78% of total exports. The second position in the ranking was held by Hungary ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+3.2% per year) and Germany (-2.3% per year).

Export Prices by Country

In 2022, the average non-cane molasses export price amounted to $X per ton, waning by -21.7% against the previous year. Over the period under review, the export price, however, posted a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 382% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Hungary (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Cane Molasses Imports

Imports into Luxembourg

In 2022, overseas purchases of molasses (excluding cane molasses) decreased by -33.7% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 107%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-cane molasses imports declined to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 110%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of non-cane molasses to Luxembourg, accounting for a 96% share of total imports. It was followed by Belgium (X tons), with a 2.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled -10.6%.

In value terms, Germany ($X) constituted the largest supplier of molasses (excluding cane molasses) to Luxembourg, comprising 78% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +3.1%.

Import Prices by Country

In 2022, the average non-cane molasses import price amounted to $X per ton, surging by 49% against the previous year. Overall, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 210%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molasses (excluding cane molasses) in the world?

China constituted the country with the largest volume of non-cane molasses consumption, comprising approx. 17% of total volume. Moreover, non-cane molasses consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.2% share.

What are the largest producers of molasses (excluding cane molasses) in the world?

China remains the largest non-cane molasses producing country worldwide, comprising approx. 17% of total volume. Moreover, non-cane molasses production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of molasses (excluding cane molasses) to Luxembourg?

In value terms, Germany constituted the largest supplier of non-cane molasses to Luxembourg, comprising 73% of total imports. The second position in the ranking was occupied by Belgium, with a 26% share of total imports.

What are the leading importers of molasses (excluding cane molasses) from Luxembourg?

In value terms, Belgium remains the key foreign market for non-cane molasses exports from Luxembourg, comprising 73% of total exports. The second position in the ranking was occupied by Hungary, with a 20% share of total exports.

What is the average export price for molasses (excluding cane molasses) in Luxembourg?

In 2021, the average non-cane molasses export price amounted to $1,652 per ton, with an increase of 143% against the previous year.

What is the average import price for molasses (excluding cane molasses) in Luxembourg?

The average non-cane molasses import price stood at $234 per ton in 2021, which is down by -9.5% against the previous year.

This report provides an in-depth analysis of the non-cane molasses market in Luxembourg. 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 10811450 - Molasses obtained from the extraction or refining of sugar (excluding cane molasses)

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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