Report Update Nov 1, 2024

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

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Uruguay: Molasse Market 2024

Molasse Market Size in Uruguay

In 2022, after two years of growth, there was decline in the Uruguayan molasse market, when its value decreased by -3.7% to $X. Overall, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Molasse Production in Uruguay

In value terms, molasse production shrank to $X in 2022 estimated in export price. Overall, production saw a resilient expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by 1,282% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Molasse Exports

Exports from Uruguay

In 2017, approx. X kg of molasses were exported from Uruguay; remaining relatively unchanged against 2016 figures. In general, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure in 2017 and are expected to retain growth in the immediate term.

In value terms, molasse exports amounted to $X in 2017. Over the period under review, exports showed a noticeable curtailment. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2017, the exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for molasse exports from Uruguay, with a approx. 100% share of total exports.

From 2015 to 2017, the average annual growth rate of volume to Singapore was relatively modest.

From 2015 to 2017, the average annual growth rate of value to Singapore was relatively modest.

Export Prices by Country

The average molasse export price stood at $X per ton in 2017, approximately equating the previous year. In general, the export price recorded a sharp curtailment. The most prominent rate of growth was recorded in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2017, the export prices failed to regain momentum.

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

From 2015 to 2017, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.

Molasse Imports

Imports into Uruguay

In 2022, the amount of molasses imported into Uruguay shrank to X tons, which is down by -13.6% on the year before. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by 76% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, molasse imports dropped slightly to $X in 2022. Overall, imports continue to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 with an increase of 100% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of molasse to Uruguay, with a 85% share of total imports. Moreover, molasse imports from Argentina exceeded the figures recorded by the second-largest supplier, South Africa (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+0.6% per year) and Brazil (+6.5% per year).

In value terms, Argentina ($X) constituted the largest supplier of molasses to Uruguay, comprising 74% of total imports. The second position in the ranking was taken by South Africa ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+3.8% per year) and Brazil (+3.1% per year).

Import Prices by Country

In 2022, the average molasse import price amounted to $X per ton, rising by 13% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, molasse import price increased by +25.8% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 60% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+10.6%), 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 molasses in the world?

The countries with the highest volumes of in 2021 were India, Brazil and Thailand, with a combined 50% share of global consumption.

What are the largest producers of molasses in the world?

The countries with the highest volumes of in 2021 were India, Brazil and Thailand, together accounting for 50% of global production.

What are the leading suppliers of molasses to Uruguay?

In value terms, South Africa constituted the largest supplier of molasse to Uruguay, comprising 89% of total imports. The second position in the ranking was occupied by Argentina, with an 11% share of total imports.

What is the average export price for molasses in Uruguay?

In 2017, the average molasse export price amounted to $286 per ton, remaining relatively unchanged against the previous year.

What is the average import price for molasses in Uruguay?

In 2021, the average molasse import price amounted to $326 per ton, picking up by 63% against the previous year.

This report provides an in-depth analysis of the molasse 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:

FCL 165 - 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