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Russian Federation - Molasses (Excluding Cane Molasses) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Cane Molasses Price in Russia - 2022
Contents:
- Non-Cane Molasses Price in Russia (FOB) - 2022
- Non-Cane Molasses Price in Russia (CIF) - 2021
- Non-Cane Molasses Exports in Russia
- Non-Cane Molasses Imports in Russia
Non-Cane Molasses Price in Russia (FOB) - 2022
In January 2022, the average non-cane molasses export price amounted to $145 per ton, approximately mirroring the previous month. Over the period under review, export price indicated a perceptible increase from January 2021 to January 2022: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, non-cane molasses export price increased by +19.4% against November 2021 indices. The most prominent rate of growth was recorded in March 2021 when the average export price increased by 70% against the previous month. The export price peaked in January 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($166 per ton), while the average price for exports to the Netherlands ($39.0 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Cane Molasses Price in Russia (CIF) - 2021
The average non-cane molasses import price stood at $148 per ton in December 2020, growing by 12% against the previous month. In general, the import price recorded a resilient increase. The pace of growth was the most pronounced in November 2020 an increase of 82% month-to-month. Over the period under review, average import prices hit record highs in December 2020.
As there is only one major supplying country, the average price level is determined by prices for Belarus.
From March 2020 to December 2020, the rate of growth in terms of prices for Belarus amounted to +6.6% per month.
Non-Cane Molasses Exports in Russia
In 2022, non-cane molasses exports from Russia rose notably to 634K tons, with an increase of 14% compared with the previous year. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 701K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-cane molasses exports rose sharply to $73M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. As a result, the exports attained the peak of $76M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Non-Cane Molasses in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 34.8 | 38.8 | 20.5 | 32.2 | -2.6% |
Belgium | 2.7 | 2.0 | 5.9 | 20.8 | 97.5% |
Spain | 8.6 | 13.1 | 11.8 | 11.0 | 8.6% |
Latvia | 0.1 | 0.4 | 2.8 | 2.4 | 188.4% |
Austria | N/A | 1.5 | 0.7 | 1.5 | 0.0% |
Netherlands | N/A | 0.3 | 0.6 | 0.4 | 15.5% |
Italy | 2.6 | 3.9 | 2.5 | 0.2 | -57.5% |
Lithuania | 1.3 | 1.9 | 0.4 | N/A | -44.5% |
Others | 9.7 | 14.2 | 23.9 | 4.0 | -25.6% |
Total | 59.8 | 76.0 | 69.1 | 72.5 | 6.6% |
Top Export Markets for Non-Cane Molasses from Russia in 2022:
- Turkey (297.3K tons)
- Belgium (158.8K tons)
- Spain (87.9K tons)
- Latvia (42.1K tons)
- Netherlands (14.5K tons)
- Austria (12.2K tons)
- Italy (0.8K tons)
Non-Cane Molasses Imports in Russia
In 2022, supplies from abroad of molasses (excluding cane molasses) decreased by 0% to 583 tons, falling for the second year in a row after two years of growth. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 2,925% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-cane molasses imports amounted to $259K in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,435%. As a result, imports attained the peak of $518K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Non-Cane Molasses in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | N/A | N/A | N/A | 106 | 0% |
Turkey | N/A | N/A | N/A | 46.5 | 0% |
Belarus | N/A | 515 | N/A | N/A | 0% |
Others | 33.7 | 2.7 | N/A | 106 | 46.5% |
Total | 33.7 | 518 | N/A | 259 | 97.3% |
Top Suppliers of Non-Cane Molasses to Russia in 2022:
- Finland (23.3 tons)
- Turkey (6.4 tons)
This report provides an in-depth analysis of the non-cane molasses market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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 non-cane molasses market in the Russian Federation.
This report provides an in-depth analysis of the molasse market in the Russian Federation.
This report provides an in-depth analysis of the cane molasses market in the Russian Federation.
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 the Russian Federation.
This report provides an in-depth analysis of the molasse market in the Russian Federation.
This report provides an in-depth analysis of the cane molasses market in the Russian Federation.
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