Switzerland: Cane Molasses Market 2024

Cane Molasses Market Size in Switzerland

The Swiss cane molasses market contracted to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a slight curtailment. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cane Molasses Production in Switzerland

In value terms, cane molasses production declined slightly to $X in 2022 estimated in export price. In general, production saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Cane molasses production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Cane Molasses Exports

Exports from Switzerland

In 2022, the amount of cane molasses exported from Switzerland reduced to X tons, which is down by X% against the previous year. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, cane molasses exports contracted rapidly to $X in 2022. Over the period under review, exports, however, recorded a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped sharply in the following year.

Exports by Country

Germany (X tons) was the main destination for cane molasses exports from Switzerland, accounting for a X% share of total exports. It was followed by France (X tons), with a X% share of total exports.

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

In value terms, Germany ($X) remains the key foreign market for cane molasses exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

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

Export Prices by Country

The average cane molasses export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a sharp reduction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export 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 Germany totaled $X per ton.

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

Cane Molasses Imports

Imports into Switzerland

In 2022, cane molasses imports into Switzerland reduced to X tons, waning by X% compared with the year before. In general, imports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cane molasses imports declined to $X in 2022. Overall, total imports indicated a notable 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest cane molasses supplier to Switzerland, accounting for a X% share of total imports. Moreover, cane molasses imports from Germany exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was held by Paraguay (X tons), with a X% share.

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

In value terms, the largest cane molasses suppliers to Switzerland were the UK ($X), Germany ($X) and Australia ($X), together comprising X% of total imports.

Australia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cane molasses import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Netherlands ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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