In 2023, the United Kingdom led European molasses imports with a share of 19.36%, followed by Belgium and France at 15.5% and 9.33%, respectively. The largest year-on-year import increases were recorded by Croatia and Malta, with 18.57% and 10.17%, respectively. Ireland and Denmark saw the largest declines, with decreases of 5.16% and 16.51%, respectively. Over a five-year period, imports showed varying trends, with notable increases in Romania and smaller markets, while larger markets often saw moderate declines or stagnation.
Future trends to watch include the potential for Eastern European countries to increase their shares, driven by agricultural growth and increasing industrial uses of molasses. Additionally, sustainability initiatives and environmental regulations may influence import dynamics, potentially reshaping market preferences and volumes.
Top countries in Import of Molasses Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 19.36 | 2023 | -1.37% | -2.45% | View data |
| 2 | 2 Belgium | 15.5 | 2023 | +6.86% | -1.89% | View data |
| 3 | 3 France | 9.33 | 2023 | +1.97% | -1.79% | View data |
| 4 | 4 Spain | 8.43 | 2023 | +2.47% | -1.61% | View data |
| 5 | 5 Italy | 8.43 | 2023 | -3.53% | +1.51% | View data |
| 6 | 6 Hungary | 7.88 | 2023 | +3.25% | +2.41% | View data |
| 7 | 7 Netherlands | 6.26 | 2023 | -12.81% | -7.23% | View data |
| 8 | 8 Ireland | 5.5 | 2023 | -5.19% | -5.16% | View data |
| 9 | 9 Germany | 4.07 | 2023 | -0.73% | -3.94% | View data |
| 10 | 10 Czechia | 2.68 | 2023 |
