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Tanzania - Molasses (Excluding Cane Molasses) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTanzania: Non-Cane Molasses Market 2024
Non-Cane Molasses Market Size in Tanzania
The Tanzanian non-cane molasses market dropped to $X in 2023, with a decrease of X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.
Non-Cane Molasses Production in Tanzania
In value terms, non-cane molasses production dropped to $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Non-cane molasses production peaked at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.
Non-Cane Molasses Exports
Exports from Tanzania
In 2018, overseas shipments of molasses (excluding cane molasses) decreased by X% to X tons for the first time since 2013, thus ending a four-year rising trend. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017, and then contracted remarkably in the following year.
In value terms, non-cane molasses exports declined markedly to $X in 2018. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2017, and then fell notably in the following year.
Exports by Country
Kenya (X tons) was the main destination for non-cane molasses exports from Tanzania, with a approx. X% share of total exports.
From 2012 to 2018, the average annual growth rate of volume to Kenya amounted to X%.
In value terms, Kenya ($X) also remains the key foreign market for molasses (excluding cane molasses) exports from Tanzania.
From 2012 to 2018, the average annual rate of growth in terms of value to Kenya stood at X%.
Export Prices by Country
The average non-cane molasses export price stood at $X per ton in 2018, reducing by X% against the previous year. Overall, the export price showed a abrupt decline. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2018, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kenya.
From 2012 to 2018, the rate of growth in terms of prices for Kenya amounted to X% per year.
Non-Cane Molasses Imports
Imports into Tanzania
Non-cane molasses imports into Tanzania expanded slightly to X tons in 2023, rising by X% on the previous year. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, non-cane molasses imports shrank modestly to $X in 2023. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.
Imports by Country
The United Arab Emirates (X tons), South Africa (X tons) and Kenya (X tons) were the main suppliers of non-cane molasses imports to Tanzania, together comprising X% of total imports. These countries were followed by Turkey, which accounted for a further X%.
From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, South Africa ($X), the United Arab Emirates ($X) and Kenya ($X) appeared to be the largest non-cane molasses suppliers to Tanzania, with a combined X% share of total imports. These countries were followed by Turkey, which accounted for a further X%.
Among the main suppliers, Turkey, with a CAGR of X.4%, saw the highest growth rate of 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
The average non-cane molasses import price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price faced a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the non-cane molasses market in Tanzania. 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:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- 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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