Poland: Cane Molasses Market 2024

Cane Molasses Market Size in Poland

After two years of growth, the Polish cane molasses market decreased by X% to $X in 2022. In general, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market attained the peak level at $X in 2021, and then shrank slightly in the following year.

Cane Molasses Production in Poland

In value terms, cane molasses production dropped to $X in 2022 estimated in export price. In general, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then dropped in the following year.

Cane Molasses Exports

Exports from Poland

In 2022, exports of cane molasses from Poland surged to X tons, increasing by X% compared with 2021 figures. In general, exports, however, continue to indicate a significant contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cane molasses exports surged to $X in 2022. Overall, exports, however, saw a deep setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for cane molasses exports from Poland, with a X% share of total exports. Moreover, cane molasses exports to Spain exceeded the volume sent to the second major destination, Ukraine (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and France (X% per year).

In value terms, Spain ($X) emerged as the key foreign market for cane molasses exports from Poland, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and France (X% per year).

Export Prices by Country

The average cane molasses export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($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 Ukraine (X%).

Cane Molasses Imports

Imports into Poland

In 2022, approx. X tons of cane molasses were imported into Poland; which is down by X% on 2021. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cane molasses imports rose modestly to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the UK (X tons) was the main cane molasses supplier to Poland, with a X% share of total imports. Moreover, cane molasses imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

Import Prices by Country

The average cane molasses import price stood at $X per ton in 2022, growing by X% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cane molasses import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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