Report Update Nov 1, 2024

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

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Ukraine: Non-Cane Molasses Market 2024

Non-Cane Molasses Market Size in Ukraine

In 2022, the Ukrainian non-cane molasses market decreased by -21.6% to $X, falling for the second consecutive year after three years of growth. In general, consumption saw a slight descent. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Non-Cane Molasses Production in Ukraine

In value terms, non-cane molasses production shrank slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 11%. Non-cane molasses production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Cane Molasses Exports

Exports from Ukraine

In 2022, overseas shipments of molasses (excluding cane molasses) increased by 297% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, showed a abrupt downturn. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-cane molasses exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary (X tons) was the main destination for non-cane molasses exports from Ukraine, with a 89% share of total exports. Moreover, non-cane molasses exports to Hungary exceeded the volume sent to the second major destination, Lithuania (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Hungary totaled +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+259.3% per year) and Poland (-25.6% per year).

In value terms, Hungary ($X) emerged as the key foreign market for molasses (excluding cane molasses) exports from Ukraine, comprising 91% of total exports. The second position in the ranking was taken by Poland ($X), with a 4.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Hungary stood at +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-24.0% per year) and Lithuania (+291.9% per year).

Export Prices by Country

The average non-cane molasses export price stood at $X per ton in 2022, rising by 44% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cane molasses export price increased by +76.4% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Lithuania ($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 Lithuania (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cane Molasses Imports

Imports into Ukraine

In 2022, purchases abroad of molasses (excluding cane molasses) decreased by -74.6% to X tons, falling for the second consecutive year after four years of growth. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2018 with an increase of 45%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-cane molasses imports reduced dramatically to $X in 2022. Over the period under review, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Moldova (X tons) was the main non-cane molasses supplier to Ukraine, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Moldova stood at -17.7%.

In value terms, Moldova ($X) constituted the largest supplier of molasses (excluding cane molasses) to Ukraine.

From 2012 to 2022, the average annual growth rate of value from Moldova amounted to -14.7%.

Import Prices by Country

In 2022, the average non-cane molasses import price amounted to $X per ton, shrinking by -43.7% against the previous year. In general, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 an increase of 195%. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +3.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molasses (excluding cane molasses) in the world?

The country with the largest volume of non-cane molasses consumption was China, accounting for 17% of total volume. Moreover, non-cane molasses consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of molasses (excluding cane molasses) in the world?

China remains the largest non-cane molasses producing country worldwide, comprising approx. 17% of total volume. Moreover, non-cane molasses production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.2% share.

What are the leading suppliers of molasses (excluding cane molasses) to Ukraine?

In value terms, Moldova constituted the largest supplier of non-cane molasses to Ukraine, comprising 70% of total imports. The second position in the ranking was occupied by Russia, with a 30% share of total imports.

What are the leading importers of molasses (excluding cane molasses) from Ukraine?

In value terms, the largest markets for non-cane molasses exported from Ukraine were Hungary, Turkey and Taiwan Chinese), together comprising 50% of total exports. These countries were followed by Italy, Vietnam, the United States and the Netherlands, which together accounted for a further 30%.

What is the average export price for molasses (excluding cane molasses) in Ukraine?

In 2021, the average non-cane molasses export price amounted to $101 per ton, waning by -6.9% against the previous year.

What is the average import price for molasses (excluding cane molasses) in Ukraine?

In 2021, the average non-cane molasses import price amounted to $70 per ton, picking up by 32% against the previous year.

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

Ukraine

Data coverage:

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