France: Molasse Market 2024

Molasse Market Size in France

The French molasse market skyrocketed to $X in 2023, with an increase of X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Molasse consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Molasse Production in France

In value terms, molasse production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production posted modest growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Molasse Exports

Exports from France

In 2023, overseas shipments of molasses increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports posted a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, molasse exports soared to $X in 2023. Over the period under review, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for molasse exports from France, accounting for a X% share of total exports. Moreover, molasse exports to Belgium exceeded the volume sent to the second major destination, the UK (X tons), sixfold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Spain (X% per year).

In value terms, Belgium ($X) remains the key foreign market for molasses exports from France, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Spain (X% per year).

Export Prices by Country

The average molasse export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price posted a measured increase. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Molasse Imports

Imports into France

Molasse imports into France dropped to X tons in 2023, falling by X% against the year before. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, molasse imports fell slightly to $X in 2023. Overall, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of molasse imports to France, together comprising X% of total imports. Pakistan, Panama, Spain and Algeria lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Panama (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest molasse suppliers to France were Belgium ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average molasse import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, molasse import price increased by X% against 2019 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform