The molasses market in France displayed a fluctuating trend from 2012 to 2022, with the market size value decreasing from 142.47 million Euros in 2012 to 113.91 million Euros in 2022. Notably, a significant drop occurred between 2012 and 2018, followed by a recovery phase from 2019 to 2021. The market experienced a decline again in 2022. Year-on-year variations ranged from growth of 11.83% in 2020 to a decline of 11.14% in 2015. The Compound Annual Growth Rate (CAGR) over the last five years up to 2022 was 3.74%, indicating some level of recovery towards the end of this period.
Future trends to watch for in the molasses market include:
- Potential market stabilization or growth due to increased efficiency and technological advancements in production.
- Shift towards sustainable and eco-friendly production methods which could influence demand and market dynamics.
- Fluctuations in the global sugar market impacting molasses production and pricing.
- Regulatory changes and trade policies that could affect import and export flows within Europe.
How does France rank in Molasses Market Size Value?
# | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 110,400,000 | 2023 | -3.42% | +4.31% | |
2 | 2 United Kingdom | 94,622,000 | 2023 | -0.49% | +0.07% | View data |
3 | 3 Spain | 85,317,000 | 2023 | +3.1% | +3.48% | View data |
4 | 4 Finland | 16,655,000 | 2023 | +3.43% | +10.59% | View data |
5 | 5 Portugal | 14,847,000 | 2023 | -0.13% | +2.92% | View data |