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Hong Kong SAR, China - Molasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMolasse Price in Hong Kong SAR - 2023
Contents:
- Molasse Price in Hong Kong SAR (CIF) - 2022
- Molasse Price in Hong Kong SAR (FOB) - 2022
- Molasse Imports in Hong Kong SAR
- Molasse Exports in Hong Kong SAR
Molasse Price in Hong Kong SAR (CIF) - 2022
In 2022, the average molasse import price amounted to $844 per ton, picking up by 11% against the previous year. In general, the import price recorded a strong expansion. The growth pace was the most rapid in 2015 an increase of 74%. The import price peaked at $1,100 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($2,332 per ton), while the price for Malaysia ($426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Molasse Price in Hong Kong SAR (FOB) - 2022
The average molasse export price stood at $571 per ton in 2022, declining by -5.7% against the previous year. Over the period under review, the export price faced a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of 117%. As a result, the export price reached the peak level of $2,122 per ton. From 2020 to 2022, the average 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 China ($3,106 per ton), while the average price for exports to Macao SAR amounted to $339 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.3%), while the prices for the other major destinations experienced a decline.
Molasse Imports in Hong Kong SAR
After three years of growth, overseas purchases of molasses decreased by -30.7% to 1.2K tons in 2022. In general, imports saw a deep slump. The growth pace was the most rapid in 2020 when imports increased by 17%.
In value terms, molasse imports contracted rapidly to $1M in 2022. Over the period under review, imports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Molasse in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 369 | 1,160 | 504 | 542 | 13.7% |
Malaysia | 62.0 | 157 | 171 | 308 | 70.6% |
Thailand | 170 | 224 | 239 | 136 | -7.2% |
China | 123 | 80.2 | 49.0 | N/A | -36.9% |
Vietnam | 20.1 | 38.6 | 3.6 | N/A | -57.7% |
Others | 213 | 205 | 368 | 43.0 | -41.3% |
Total | 957 | 1,864 | 1,335 | 1,029 | 2.4% |
Top Suppliers of Molasse to Hong Kong SAR in 2022:
- Malaysia (724.3 tons)
- Thailand (249.6 tons)
- Taiwan (Chinese) (232.3 tons)
Molasse Exports in Hong Kong SAR
In 2022, molasse exports from Hong Kong SAR shrank to 56 tons, which is down by -7.4% against 2021. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of 61 tons, and then shrank in the following year.
In value terms, molasse exports dropped to $32K in 2022. Over the period under review, exports saw a sharp decrease.
Export of Molasse in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 78.4 | 19.4 | 22.7 | 17.5 | -39.3% |
China | 49.6 | 55.2 | 14.2 | 14.7 | -33.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 128 | 74.6 | 36.9 | 32.2 | -36.9% |
Top Export Markets for Molasse from Hong Kong SAR in 2022:
- Macao SAR (51.6 tons)
- China (4.7 tons)
This report provides an in-depth analysis of the molasse market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
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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
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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.
The global molasses market dynamic fluctuated over the period under review. A significant drop in 2009 was followed by a period of recovery over the next three years, until the market contracted again. From 2013-2014, the market showed ascent, finally
Indonesia dominates in the global molasses trade. In 2014, Indonesia exported X thousand tons of molasses totaling X million USD, a robust X% over the previous year. Its primary trading partner was the Republic of Korea, where it supplied X% of