Sweden: Cane Molasses Market 2024

Cane Molasses Market Size in Sweden

In 2022, the Swedish cane molasses market increased by X% to $X, rising for the fifth year in a row after two years of decline. In general, consumption recorded a significant expansion. Cane molasses consumption peaked in 2022 and is likely to see steady growth in the near future.

Cane Molasses Production in Sweden

In value terms, cane molasses production fell to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase 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 2015 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 attained the peak level at $X in 2021, and then dropped in the following year.

Cane Molasses Exports

Exports from Sweden

In 2022, the amount of cane molasses exported from Sweden declined significantly to X tons, which is down by X% on 2021. In general, exports faced a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cane molasses exports dropped sharply to $X in 2022. Over the period under review, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons) was the main destination for cane molasses exports from Sweden, accounting for a X% share of total exports. Moreover, cane molasses exports to Bulgaria exceeded the volume sent to the second major destination, Denmark (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria stood at X%.

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

From 2012 to 2022, the average annual growth rate of value to Bulgaria totaled X%.

Export Prices by Country

In 2022, the average cane molasses export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price saw a mild slump. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted significantly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Denmark totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced a decline.

Cane Molasses Imports

Imports into Sweden

In 2022, purchases abroad of cane molasses increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, cane molasses imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of cane molasses to Sweden, with a X% share of total imports. Moreover, cane molasses imports from Finland exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value from Finland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average cane molasses import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :