The refined sugar molasses market in Portugal experienced varying growth between 2013 and 2023, reaching a value of 12.487 million euros in 2023. The market showed positive growth, particularly in 2022 with an 11.86% increase, before tempering to a 2.92% rise in 2023. The five-year CAGR was 2.82%, reflecting moderate average annual growth despite fluctuations.
Future trends to watch for include:
- Potential shifts in consumer dietary preferences towards lower sugar consumption.
- Impact of regulatory changes on sugar production and pricing.
- Advancements in alternative sweeteners affecting molasses demand.
- Economic conditions influencing market expansion or contraction.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 59,311,000 | 2023 | -1.16% | -0.58% | View data |
| 2 | 2 Portugal | 12,487,000 | 2023 | +2.92% | +2.82% | |
| 3 | 3 Finland | 9,022,500 | 2023 | -1.65% | +2.07% | View data |
| 4 | 4 Greece | 4,472,700 | 2023 | -0.79% | +0.34% | View data |
| 5 | 5 Romania | 4,360,300 | 2023 | -3.66% | -0.078% | View data |
