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U.S. - Cane Molasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCane Molasses Price in the United States - 2023
Contents:
- Cane Molasses Price in the United States (CIF) - 2022
- Cane Molasses Price in the United States (FOB) - 2023
- Cane Molasses Imports in the United States
- Cane Molasses Exports in the United States
Cane Molasses Price in the United States (CIF) - 2022
The average cane molasses import price stood at $198 per ton in 2022, increasing by 6.2% against the previous year. Over the period under review, the import price, however, showed a perceptible slump. The growth pace was the most rapid in 2016 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $336 per ton in 2013; however, from 2014 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 Guatemala ($216 per ton), while the price for Belize ($142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-2.5%), while the prices for the other major suppliers experienced a decline.
Cane Molasses Price in the United States (FOB) - 2023
The average cane molasses export price stood at $5,494 per ton in September 2023, shrinking by -3.7% against the previous month. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in January 2023 an increase of 303% m-o-m. The export price peaked at $6,307 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Mexico ($7,445 per ton) and the UK ($6,701 per ton), while the average price for exports to Canada ($5,048 per ton) and Bangladesh ($5,864 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cane Molasses Imports in the United States
In 2022, cane molasses imports into the United States totaled 912K tons, picking up by 13% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 18%. As a result, imports attained the peak of 924K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cane molasses imports surged to $181M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cane Molasses in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 20.2 | 17.9 | 23.3 | 39.8 | 25.4% |
Guatemala | 28.2 | 38.6 | 34.4 | 26.9 | -1.6% |
Nicaragua | 24.8 | 26.8 | 21.8 | 26.2 | 1.8% |
Honduras | 13.1 | 12.4 | 12.9 | 22.6 | 19.9% |
Dominican Republic | 13.7 | 15.1 | 16.6 | 17.7 | 8.9% |
Mexico | 14.2 | 11.3 | 7.4 | 12.6 | -3.9% |
Belize | 5.9 | 6.9 | 5.4 | 7.0 | 5.9% |
Australia | 6.5 | N/A | 5.4 | 6.4 | -0.5% |
Others | 14.6 | 26.2 | 22.8 | 21.5 | 13.8% |
Total | 141 | 155 | 150 | 181 | 8.7% |
Top Suppliers of Cane Molasses to the United States in 2022:
- El Salvador (204.1K tons)
- Honduras (130.4K tons)
- Guatemala (124.1K tons)
- Nicaragua (123.3K tons)
- Dominican Republic (103.2K tons)
- Mexico (62.4K tons)
- Belize (49.4K tons)
- Australia (43.0K tons)
Cane Molasses Exports in the United States
In 2022, exports of cane molasses from the United States skyrocketed to 21K tons, jumping by 67% against the previous year's figure. In general, exports, however, recorded a abrupt setback.
In value terms, cane molasses exports skyrocketed to $20M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.2% against 2020 indices.
Export of Cane Molasses in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 5.7 | 8.9 | 9.5 | 6.5 | 4.5% |
United Kingdom | 2.8 | 6.3 | 1.1 | 6.4 | 31.7% |
Mexico | 0.5 | 0.5 | 0.7 | 3.8 | 96.6% |
Ireland | 2.5 | N/A | N/A | 2.5 | 0.0% |
Netherlands | 0.1 | 3.7 | N/A | 0.1 | 0.0% |
Others | 1.5 | 1.3 | 1.1 | 1.0 | -12.6% |
Total | 13.1 | 20.7 | 12.4 | 20.2 | 15.5% |
Top Export Markets for Cane Molasses from the United States in 2022:
- Netherlands (undefinedK tons)
- United Kingdom (8.9K tons)
- Canada (5.3K tons)
- Ireland (3.7K tons)
- Mexico (3.0K tons)
This report provides an in-depth analysis of the cane molasses market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cane molasses market in the U.S..
This report provides an in-depth analysis of the molasse market in the U.S..
This report provides an in-depth analysis of the non-cane molasses market in the U.S..
This report provides an in-depth analysis of the global cane molasses market.
This report provides an in-depth analysis of the global molasse market.
This report provides an in-depth analysis of the global non-cane molasses market.
This report provides an in-depth analysis of the cane molasses market in the U.S..
This report provides an in-depth analysis of the molasse market in the U.S..
This report provides an in-depth analysis of the non-cane molasses market in the U.S..
This report provides an in-depth analysis of the global cane molasses market.
In February 2023, the price of cane molasses was $232 per ton (CIF, US), a decrease of -16.4% compared to the previous month.
The molasse price per ton stood at $960 (FOB, US) in May 2022, with an increase of 5.8% against the previous month.
The U.S. molasses market amounted to X tons in 2016, fluctuating mildly over the last nine year period. In 2016, it remained relatively stable, however, it was slightly lower than the highest level of consumption observed in 2012. In terms of whol
In February 2023, the price of cane molasses was $232 per ton (CIF, US), a decrease of -16.4% compared to the previous month.
The molasse price per ton stood at $960 (FOB, US) in May 2022, with an increase of 5.8% against the previous month.
In value terms, molasses imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, molasses exports amounted to $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the ...
Global molasse consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
From 2007 to 2015, global exports on the molasses market displayed sharp fluctuations. In 2007 and 2010, exports increased significantly with consequent reductions in 2008 and 2011. From 2011 to 2015, values of exports were
Global molasses market production reached X thousand tons in 2015, with a mixed dynamic over the last few years. The decline in 2009 was followed by a recovery, until the volume levelled off in 2013-2014.