Report Update Nov 1, 2024

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

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Mexico: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Mexico

The Mexican non-cane molasses market totaled less than $X in 2022, leveling off at the previous year. Overall, consumption showed a pronounced downturn. The pace of growth was the most pronounced in 2014 with a decrease of -3.8% against the previous year. Non-cane molasses consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Non-Cane Molasses Production in Mexico

In value terms, non-cane molasses production fell markedly to $X in 2022 estimated in export price. In general, production faced a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 38% against the previous year. Non-cane molasses production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Cane Molasses Exports

Exports from Mexico

In 2014, non-cane molasses exports from Mexico was estimated at X tons, with an increase of 14% against 2013. The total export volume increased at an average annual rate of +13.9% over the period from 2013 to 2014; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-cane molasses exports rose rapidly to $X in 2014. The total export value increased at an average annual rate of +13.6% over the period from 2013 to 2014; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Barbados (X tons) was the main destination for non-cane molasses exports from Mexico, with a approx. 100% share of total exports.

From 2013 to 2014, the average annual growth rate of volume to Barbados stood at +13.6%.

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

From 2013 to 2014, the average annual rate of growth in terms of value to Barbados stood at +5.6%.

Export Prices by Country

The average non-cane molasses export price stood at $X per ton in 2014, stabilizing at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013, and then shrank modestly in the following year.

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

From 2013 to 2014, the rate of growth in terms of prices for Barbados amounted to -8.0% per year.

Non-Cane Molasses Imports

Imports into Mexico

In 2019, approx. X tons of molasses (excluding cane molasses) were imported into Mexico; waning by -84.7% against the previous year's figure. Over the period under review, imports showed a sharp contraction. The pace of growth was the most pronounced in 2016 with an increase of 1,334%. As a result, imports attained the peak of X tons. From 2017 to 2019, the growth of imports remained at a lower figure.

In value terms, non-cane molasses imports shrank remarkably to $X in 2019. Overall, imports saw a precipitous setback. The growth pace was the most rapid in 2016 with an increase of 1,199% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2019, the United States (X tons) was the main non-cane molasses supplier to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from the United States totaled -25.3%.

In value terms, the United States ($X) constituted the largest supplier of molasses (excluding cane molasses) to Mexico.

From 2012 to 2019, the average annual rate of growth in terms of value from the United States stood at -31.2%.

Import Prices by Country

The average non-cane molasses import price stood at $X per ton in 2019, declining by -18% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 5.4%. The import price peaked at $X per ton in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2019, the rate of growth in terms of prices for the United States amounted to -7.9% per year.

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?

The country with the largest volume of non-cane molasses production was China, 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. The third position in this ranking was occupied by India, with a 6.2% share.

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

In value terms, the United States constituted the largest supplier of non-cane molasses to Mexico, comprising 98% of total imports. The second position in the ranking was occupied by Spain, with a 1.8% share of total imports.

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

In value terms, the largest markets for non-cane molasses exported from Mexico were Barbados and Guyana.

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

The average non-cane molasses export price stood at $239 per ton in 2021, with a decrease of -6% against the previous year.

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

The average non-cane molasses import price stood at $674 per ton in 2021, increasing by 38% against the previous year.

This report provides an in-depth analysis of the non-cane molasses market in Mexico. 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:

Mexico

Data coverage:

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