Report Update Nov 1, 2024

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

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Uganda: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Uganda

The Ugandan non-cane molasses market declined modestly to $X in 2022, waning by -4% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Non-cane molasses consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Non-Cane Molasses Production in Uganda

In value terms, non-cane molasses production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 28% against the previous year. Non-cane molasses production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Non-Cane Molasses Exports

Exports from Uganda

In 2022, exports of molasses (excluding cane molasses) from Uganda shrank rapidly to X tons, dropping by -17.4% against 2021. In general, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2018 with an increase of 379%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-cane molasses exports declined rapidly to $X in 2022. Overall, exports faced a deep setback. The growth pace was the most rapid in 2018 with an increase of 441% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kenya (X tons) was the main destination for non-cane molasses exports from Uganda, accounting for a 96% share of total exports. Moreover, non-cane molasses exports to Kenya exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Kenya totaled -25.2%.

In value terms, Kenya ($X) remains the key foreign market for molasses (excluding cane molasses) exports from Uganda, comprising 86% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya stood at -17.6%.

Export Prices by Country

In 2022, the average non-cane molasses export price amounted to $X per ton, shrinking by -5.9% against the previous year. Overall, the export price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 68% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Kenya totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+10.3%).

Non-Cane Molasses Imports

Imports into Uganda

After two years of growth, overseas purchases of molasses (excluding cane molasses) decreased by -27.7% to X tons in 2022. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 586% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, non-cane molasses imports reduced rapidly to $X in 2022. Over the period under review, imports, however, showed a noticeable increase. The pace of growth appeared the most rapid in 2016 with an increase of 579% against the previous year. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

Indonesia (X tons) and Kenya (X tons) were the main suppliers of non-cane molasses imports to Uganda.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kenya (with a CAGR of +26.8%).

In value terms, Indonesia ($X) constituted the largest supplier of molasses (excluding cane molasses) to Uganda, comprising 89% of total imports. The second position in the ranking was taken by Kenya ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Indonesia totaled +2.4%.

Import Prices by Country

In 2022, the average non-cane molasses import price amounted to $X per ton, with an increase of 3.2% against the previous year. In general, the import price enjoyed a strong increase. The growth pace was the most rapid in 2019 when the average import price increased by 76% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Kenya totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+22.0%).

Source: IndexBox Platform

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

Uganda

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uganda
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
Find deeper insights into current market developments
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