In 2023, Germany led European molasses production, capturing 33.7% of the market. Poland and France followed with 19.21% and 15.2%, respectively. Notable year-on-year variations included Poland's 5% increase and Lithuania's significant 15.13% rise. Conversely, Serbia and Croatia experienced declines of 12.46% and 8.23%, respectively. Consistent performers like Germany and Belgium showed minor fluctuations. Over the past five years, a consistent annual growth pattern has emerged, signaling a steady market with localized shifts.
Looking ahead, the European molasses market in 2024 will likely see continued concentration in key producing countries, with sustainability and innovation playing central roles. This could lead to enhanced production efficiencies and potentially shift market shares.
Top countries in Sold Production of Molasses Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.7 | 2023 | +2.07% | +0.22% | View data |
| 2 | 2 Poland | 19.21 | 2023 | +1.95% | +5% | View data |
| 3 | 3 France | 15.2 | 2023 | +0.16% | +7.93% | View data |
| 4 | 4 Spain | 8.35 | 2023 | +12.13% | +2.97% | View data |
| 5 | 5 Belgium | 6.91 | 2023 | +2.38% | +0.18% | View data |
| 6 | 6 Denmark | 3.55 | 2023 | +0.21% | +2.55% | View data |
| 7 | 7 Czechia | 3.28 | 2023 | |||
| 8 | 8 Serbia | 2.15 | 2023 | -6.2% | -12.46% | View data |
| 9 | 9 Lithuania | 1.9 | 2023 | +3.22% | +15.13% | View data |
| 10 | 10 Romania | 1.63 | 2023 | +0.06% | +1% | View data |
