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Hong Kong SAR, China - Molasses (Excluding Cane Molasses) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Cane Molasses Price in Hong Kong SAR - 2023
Contents:
- Non-Cane Molasses Price in Hong Kong SAR (CIF) - 2022
- Non-Cane Molasses Price in Hong Kong SAR (FOB) - 2022
- Non-Cane Molasses Imports in Hong Kong SAR
- Non-Cane Molasses Exports in Hong Kong SAR
Non-Cane Molasses Price in Hong Kong SAR (CIF) - 2022
The average non-cane molasses import price stood at $553 per ton in 2022, declining by -3.1% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 155% against the previous year. Over the period under review, average import prices reached the maximum at $815 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($544 per ton), while the price for Malaysia totaled $367 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Cane Molasses Price in Hong Kong SAR (FOB) - 2022
In 2022, the average non-cane molasses export price amounted to $2,440 per ton, declining by -5.3% against the previous year. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 219%. As a result, the export price attained the peak level of $8,766 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +266.5% per year.
Non-Cane Molasses Imports in Hong Kong SAR
In 2022, the amount of molasses (excluding cane molasses) imported into Hong Kong SAR declined to 753 tons, dropping by -1.9% against the previous year's figure. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 768 tons, and then dropped in the following year.
In value terms, non-cane molasses imports dropped to $416K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports attained the peak of $438K, and then dropped in the following year.
Import of Non-Cane Molasses in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | 83.5 | 130 | 177 | 45.6% |
Thailand | 113 | 130 | 173 | 136 | 6.4% |
China | 43.6 | 10.9 | N/A | N/A | -75.0% |
Others | 72.6 | 71.2 | 135 | 103 | 12.4% |
Total | 229 | 295 | 438 | 416 | 22.0% |
Top Suppliers of Non-Cane Molasses to Hong Kong SAR in 2022:
- Malaysia (484.2 tons)
- Thailand (249.6 tons)
Non-Cane Molasses Exports in Hong Kong SAR
In 2022, approx. 2.9 tons of molasses (excluding cane molasses) were exported from Hong Kong SAR; with a decrease of -37.3% on the previous year. Over the period under review, exports faced a significant decrease. The smallest decline of -18.3% was in 2021.
In value terms, non-cane molasses exports dropped significantly to $7K in 2022. In general, exports showed a precipitous slump.
Export of Non-Cane Molasses in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 66.5 | 8.0 | 11.8 | 7.0 | -52.8% |
China | 36.0 | 41.3 | N/A | N/A | 14.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 103 | 49.3 | 11.8 | 7.0 | -59.2% |
Top Export Markets for Non-Cane Molasses from Hong Kong SAR in 2022:
- Macao SAR (2.9 tons)
This report provides an in-depth analysis of the non-cane molasses 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:
- Prodcom 10811450 - Molasses obtained from the extraction or refining of sugar (excluding cane 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
This report provides an in-depth analysis of the non-cane molasses market in Hong Kong SAR, China.
This report provides an in-depth analysis of the molasse market in Hong Kong SAR, China.
This report provides an in-depth analysis of the cane molasses market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global non-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 cane molasses market.
This report provides an in-depth analysis of the non-cane molasses market in Hong Kong SAR, China.
This report provides an in-depth analysis of the molasse market in Hong Kong SAR, China.
This report provides an in-depth analysis of the cane molasses market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global non-cane molasses market.
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