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

U.S. - Molasses - Market Analysis, Forecast, Size, Trends and Insights

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Molasse Price in the United States - 2023

Contents:

  1. Molasse Price in the United States (CIF) - 2022
  2. Molasse Price in the United States (FOB) - 2023
  3. Molasse Imports in the United States
  4. Molasse Exports in the United States

Molasse Price in the United States (CIF) - 2022

In 2022, the average molasse import price amounted to $207 per ton, growing by 4.6% against the previous year. Overall, the import price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum at $353 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($216 per ton), while the price for Belize ($142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-2.5%), while the prices for the other major suppliers experienced a decline.

Molasse Price in the United States (FOB) - 2023

The average molasse export price stood at $1,416 per ton in September 2023, falling by -16.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 25% against the previous month. Over the period under review, the average export prices reached the maximum at $1,702 per ton in August 2023, and then fell rapidly in the following month.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Mexico ($3,636 per ton), while the average price for exports to Canada stood at $1,262 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.4%).

Molasse Imports in the United States

In 2022, molasse imports into the United States expanded notably to 941K tons, surging by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, molasse imports skyrocketed to $195M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Molasse in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador20.217.923.339.825.4%
Guatemala28.938.634.426.9-2.4%
Nicaragua24.826.821.826.21.8%
Honduras13.112.412.922.619.9%
Dominican Republic15.715.116.617.74.1%
Mexico14.211.37.412.6-3.9%
Belize5.96.95.47.05.9%
Australia6.5N/A5.46.4-0.5%
Others26.827.240.435.69.9%
Total1561561681957.7%

Top Suppliers of Molasse to the United States in 2022:

  1. El Salvador (204.1K tons)
  2. Honduras (130.4K tons)
  3. Guatemala (124.1K tons)
  4. Nicaragua (123.3K tons)
  5. Dominican Republic (103.2K tons)
  6. Mexico (62.4K tons)
  7. Belize (49.4K tons)
  8. Australia (43.0K tons)

Molasse Exports in the United States

In 2022, the amount of molasses exported from the United States skyrocketed to 35K tons, increasing by 44% against 2021 figures. In general, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 69%. As a result, the exports reached the peak of 76K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, molasse exports skyrocketed to $34M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 72%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Molasse in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada10.118.819.518.622.6%
United Kingdom2.86.31.26.532.4%
Mexico0.70.71.14.890.0%
Ireland2.5N/AN/A2.50.0%
Netherlands0.13.70.10.10.0%
Others1.91.72.02.01.7%
Total18.131.223.834.423.9%

Top Export Markets for Molasse from the United States in 2022:

  1. Netherlands (undefinedK tons)
  2. Canada (18.2K tons)
  3. United Kingdom (9.0K tons)
  4. Ireland (3.7K tons)
  5. Mexico (3.4K tons)

Source: IndexBox Market Intelligence Platform

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

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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Free Data: Molasses - United States