Pakistan - Molasses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Pakistan - Molasses - Market Analysis, Forecast, Size, Trends and Insights

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Molasse Price in Pakistan - 2023

Contents:

  1. Molasse Price in Pakistan (FOB) - 2022
  2. Molasse Price in Pakistan (CIF) - 2022
  3. Molasse Exports in Pakistan
  4. Molasse Imports in Pakistan

Molasse Price in Pakistan (FOB) - 2022

The average molasse export price stood at $219 per ton in 2022, waning by -20% against the previous year. Overall, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 86% against the previous year. As a result, the export price reached the peak level of $273 per ton, and then contracted markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($1,327 per ton), while the average price for exports to the Netherlands ($61 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

Molasse Price in Pakistan (CIF) - 2022

In 2022, the average molasse import price amounted to $1,665 per ton, shrinking by -4.3% against the previous year. Over the period under review, the import price, however, showed a remarkable increase. The growth pace was the most rapid in 2021 an increase of 235%. As a result, import price reached the peak level of $1,741 per ton, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($5,260 per ton), while the price for China ($241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Molasse Exports in Pakistan

For the third consecutive year, Pakistan recorded decline in overseas shipments of molasses, which decreased by -5.8% to 1.6K tons in 2022. In general, exports continue to indicate a dramatic curtailment.

In value terms, molasse exports dropped remarkably to $355K in 2022. Overall, exports saw a sharp contraction. The smallest decline of -0.4% was in 2020.

Export of Molasse in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/A0.510019900.0%
Saudi Arabia41550422753.3-49.5%
Philippines57.471.612733.5-16.4%
United Kingdom16238.812.213.8-56.0%
Ireland77.92577.07.2-54.8%
Italy93426421.87.0-80.4%
United Arab Emirates13.316.222.86.2-22.5%
South KoreaN/AN/AN/A3.00%
Spain7068578.61.2-88.1%
Netherlands84.99955.50.8-78.9%
France6141602.50.8-89.1%
Norway4875464.20.4-90.6%
Belgium1701821.60.2-89.4%
Others1,6021,41331.8128-56.9%
Total5,3245,305472355-59.4%

Top Export Markets for Molasse from Pakistan in 2022:

  1. Finland (252.2 tons)
  2. United Kingdom (122.5 tons)
  3. Philippines (84.5 tons)
  4. Italy (80.5 tons)
  5. Ireland (77.8 tons)
  6. United Arab Emirates (58.8 tons)
  7. Saudi Arabia (40.2 tons)
  8. South Korea (38.6 tons)
  9. Netherlands (13.6 tons)
  10. Spain (12.4 tons)
  11. France (11.4 tons)
  12. Norway (3.2 tons)
  13. Belgium (1.8 tons)

Molasse Imports in Pakistan

In 2022, purchases abroad of molasses decreased by -19.4% to 20 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 956%. As a result, imports reached the peak of 54 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, molasse imports shrank rapidly to $34K in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 248%.

Import of Molasse in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.517.737.027.4122.1%
United Arab Emirates0.26.47.16.7222.4%
China0.53.4N/AN/A580.0%
Malaysia4.3N/AN/AN/A0%
CanadaN/A0.8N/AN/A0%
Others0.5N/AN/AN/A0%
Total8.128.244.234.161.5%

Top Suppliers of Molasse to Pakistan in 2022:

  1. United Kingdom (19.0 tons)
  2. United Arab Emirates (1.3 tons)
  3. China (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molasse market in Pakistan. 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:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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