Report Update Nov 1, 2024

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

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Morocco: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Morocco

The Moroccan non-cane molasses market soared to $X in 2022, with an increase of 22% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +73.3% against 2015 indices. Non-cane molasses consumption peaked in 2022 and is expected to retain growth in the immediate term.

Non-Cane Molasses Production in Morocco

In value terms, non-cane molasses production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 33% against the previous year. Non-cane molasses production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Non-Cane Molasses Exports

Exports from Morocco

In 2022, non-cane molasses exports from Morocco shrank remarkably to X kg, reducing by 99.9% against the previous year's figure. Overall, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 341%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-cane molasses exports reduced dramatically to $X in 2022. In general, exports faced a dramatic decrease. The growth pace was the most rapid in 2016 when exports increased by 322%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to France stood at +23.3%.

In value terms, France ($X) emerged as the key foreign market for molasses (excluding cane molasses) exports from Morocco.

From 2012 to 2022, the average annual growth rate of value to France totaled +59.0%.

Export Prices by Country

In 2022, the average non-cane molasses export price amounted to $X per ton, jumping by 341% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +28.8% per year.

Non-Cane Molasses Imports

Imports into Morocco

In 2022, after two years of growth, there was significant decline in overseas purchases of molasses (excluding cane molasses), when their volume decreased by 99.9% to X kg. Overall, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 5,063% against the previous year. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, non-cane molasses imports dropped dramatically to $X in 2022. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 5,917% against the previous year. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

The United States (X kg) and France (X kg) were the main suppliers of non-cane molasses imports to Morocco.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of 0.0%).

In value terms, the United States ($X) constituted the largest supplier of molasses (excluding cane molasses) to Morocco, comprising 92% of total imports. The second position in the ranking was held by France ($X), with an 8.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest.

Import Prices by Country

The average non-cane molasses import price stood at $X per ton in 2022, with an increase of 342% against the previous year. Over the period under review, the import price posted strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for France totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+56.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest non-cane molasses consuming country worldwide, accounting for 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 constituted the country with the largest volume of non-cane molasses production, accounting for 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 Morocco?

In value terms, India, the Netherlands and Turkey appeared to be the largest non-cane molasses suppliers to Morocco, with a combined 95% share of total imports.

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

In value terms, Spain remains the key foreign market for non-cane molasses exports from Morocco, comprising 47% of total exports. The second position in the ranking was occupied by Tunisia, with a 22% share of total exports. It was followed by Portugal, with a 17% share.

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

The average non-cane molasses export price stood at $141 per ton in 2021, increasing by 2.2% against the previous year.

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

The average non-cane molasses import price stood at $1,949 per ton in 2021, reducing by -56.3% against the previous year.

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

Morocco

Data coverage:

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