Report Update Nov 1, 2024

Puerto Rico - Cane Molasses - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Cane Molasses Market 2024

Cane Molasses Exports

Exports by Country

India was the largest exporting country with an export of around X tons, which reached 35% of total exports. Indonesia (X tons) ranks second in terms of the total exports with a 13% share, followed by Guatemala (7.9%), Australia (7.9%) and El Salvador (6.3%). The following exporters - the Dominican Republic (X tons), Thailand (X tons), Nicaragua (X tons), Honduras (X tons), Mozambique (X tons) and the United States (X tons) - together made up 12% of total exports.

India was also the fastest-growing in terms of the cane molasses exports, with a CAGR of +16.3% from 2012 to 2021. At the same time, Guatemala (+9.1%), the Dominican Republic (+8.2%), Nicaragua (+6.5%), Indonesia (+4.4%) and El Salvador (+3.3%) displayed positive paces of growth. Honduras and Australia experienced a relatively flat trend pattern. By contrast, Mozambique (-4.4%), Thailand (-21.4%) and the United States (-26.6%) illustrated a downward trend over the same period. India (+26 p.p.), Guatemala (+4.2 p.p.), Indonesia (+3.9 p.p.) and the Dominican Republic (+1.5 p.p.) significantly strengthened its position in terms of the global exports, while the United States and Thailand saw its share reduced by -4.6% and -20% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest cane molasses supplier from Puerto Rico, comprising 29% of global exports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of global exports. It was followed by Guatemala, with an 8.5% share.

In India, cane molasses exports expanded at an average annual rate of +19.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+9.0% per year) and Guatemala (+5.0% per year).

Cane Molasses Imports

Imports by Country

In 2021, the United States (X tons), Thailand (X tons), the Philippines (X tons), South Korea (X tons), Vietnam (X tons) and the UK (X tons) represented the major importer of cane molasses in the world, creating 67% of total import. Ireland (X tons), Japan (X tons), Italy (X tons), the Netherlands (X tons), France (X tons), Belgium (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +53.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cane molasses importing markets into Puerto Rico were the United States ($X), Thailand ($X) and the Philippines ($X), together comprising 42% of total imports.

In terms of the main importing countries, Thailand, with a CAGR of +56.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, comprising approx. 21% of total volume. Moreover, cane molasses consumption in Curacao exceeded the figures recorded by the second-largest consumer, China, twofold. Russia ranked third in terms of total consumption 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 Puerto Rico?

In value terms, the United States, the Philippines and South Korea appeared to be the countries with the highest levels of imports in 2020, together accounting for 44% of total imports. The UK, Thailand, Vietnam, Japan and Curacao lagged somewhat behind, together accounting for a further 25%.

What are the leading importers of cane molasses from Puerto Rico?

In value terms, India, Indonesia and Guatemala constituted the countries with the highest levels of exports in 2020, together comprising 39% of total exports. These countries were followed by Thailand, El Salvador, Australia, Honduras, the United States, Mexico, Nicaragua, the Dominican Republic, Colombia and Vietnam, which together accounted for a further 38%.

What is the average export price for cane molasses in Puerto Rico?

In 2020, the cane molasses export price in Puerto Rico amounted to $less than 0.1 per ton, remaining constant against the previous year.

What is the average import price for cane molasses in Puerto Rico?

The cane molasses import price in Puerto Rico stood at $less than 0.1 per ton in 2020, remaining constant against the previous year.

This report provides an in-depth analysis of the cane molasses market in Puerto Rico. 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:

Puerto Rico

Data coverage:

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