The global molasses production landscape in 2023 reveals India as the leading producer with a 20.16% share, closely followed by Brazil at 19.45%. Thailand and China are significant players with 9.81% and 5.95% shares respectively. Notable year-on-year variations highlight rising production in Pakistan (+3.06%), Russia (+2.93%), and Uganda (+3.58%), whereas France (-5.38%) and Colombia (-5.71%) witnessed declines. Cambodia and Austria experienced substantial increases, signaling emerging potential, while Italy and Venezuela faced sharp drops of -15.11% and -11.92% respectively over the past year. Over the last five years, the sector has shown dynamic fluctuations with steady growth in several regions.
Looking ahead, expect increased production in emerging markets like Cambodia and Uganda, bolstered by favorable agricultural policies. Also, monitor potential declines in traditionally strong countries if adverse climatic or economic conditions persist. Further, technological advancements and shifts in the global demand for sweeteners and by-products will likely shape the future trends in global molasses production.
Top countries in Molasses Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 20.16 | 2023 | +1.77% | +0.24% | View data |
| 2 | 2 Brazil | 19.45 | 2023 | -0.45% | +1.44% | View data |
| 3 | 3 Thailand | 9.81 | 2023 | +2.89% | +1.28% | View data |
| 4 | 4 China | 5.95 | 2023 | +0.57% | +0.34% | View data |
| 5 | 5 Pakistan | 4.28 | 2023 | +1.52% | +3.06% | View data |
| 6 | 6 United States | 3.53 | 2023 | +0.43% | +0.52% | View data |
| 7 | 7 Mexico | 3.07 | 2023 | +0.67% | +0.96% | View data |
| 8 | 8 Russia | 2.74 | 2023 | +2.2% | +2.93% | View data |
| 9 | 9 France | 2.07 | 2023 | -5.77% | -5.38% | View data |
| 10 | 10 Philippines | 1.89 | 2023 | +1.3% | +1.36% | View data |
