Report Update Nov 1, 2024

Uruguay - Cane Molasses - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Cane Molasses Market 2024

Cane Molasses Market Size in Uruguay

In 2022, the Uruguayan cane molasses market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption showed a relatively flat trend pattern. Cane molasses consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Cane Molasses Production in Uruguay

In value terms, cane molasses production reduced to $X in 2022 estimated in export price. Over the period under review, production posted a remarkable increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Cane Molasses Exports

Exports from Uruguay

In 2022, the amount of cane molasses exported from Uruguay amounted to X tons, remaining constant against 2021 figures. Over the period under review, exports posted significant growth. The smallest decline of X% was in 2018. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cane molasses exports stood at $X in 2022. In general, exports recorded significant growth. The smallest decline of X% was in 2018. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Paraguay (X tons) was the main destination for cane molasses exports from Uruguay, accounting for a approx. X% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Paraguay was relatively modest.

From 2017 to 2022, the average annual growth rate of value to Paraguay was relatively modest.

Export Prices by Country

In 2022, the average cane molasses export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 when the average export price decreased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2017 to 2022, the rate of growth in terms of prices for Paraguay amounted to X% per year.

Cane Molasses Imports

Imports into Uruguay

In 2022, purchases abroad of cane molasses decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, cane molasses imports reached $X in 2022. In general, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) was the main cane molasses supplier to Uruguay, with a X% share of total imports. Moreover, cane molasses imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina was relatively modest.

In value terms, Argentina ($X) constituted the largest supplier of cane molasses to Uruguay, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with an X% share of total imports.

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

Import Prices by Country

In 2022, the average cane molasses import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price 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, cane molasses import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Brazil ($X per ton), while the price for Argentina totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers 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 remains the largest cane molasses consuming country worldwide, 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 Uruguay?

In value terms, Argentina constituted the largest supplier of cane molasses to Uruguay.

What is the average export price for cane molasses in Uruguay?

The average cane molasses export price stood at $286 per ton in 2017, leveling off at the previous year.

What is the average import price for cane molasses in Uruguay?

The average cane molasses import price stood at $184 per ton in 2020, dropping by -10.8% against the previous year.

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

Uruguay

Data coverage:

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