In 2023, Spain led European imports of molasses from sugar processes, with significant imports observed in Hungary and Belgium as well. Over the past year, Italy showed impressive growth, while Belgium experienced a downturn. Notably, emerging changes in smaller markets like Austria and Croatia showed potential, with high growth rates, whereas countries like Poland and the Netherlands experienced sharp decreases in import volumes. A consistent pattern emerged with some larger economies, maintaining stable imports but with minor fluctuations.
Future trends to watch for in 2024 include potential shifts in market dynamics due to economic reforms and regional trade agreements. The ongoing emphasis on sustainable and local agricultural practices might impact molasses supply chains, potentially influencing import volumes across Europe. Monitoring these changes and their effect on molasses trade can offer insights for stakeholders involved in European markets.
Top countries in Import of Molasses Obtained from the Extraction or Refining of Sugar by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 272,630,000 | 2023 | +10.89% | +3.96% | View data |
| 2 | 2 Hungary | 207,990,000 | 2023 | +3.25% | +2.42% | View data |
| 3 | 3 Belgium | 196,750,000 | 2023 | +2.65% | -8.17% | View data |
| 4 | 4 France | 118,590,000 | 2023 | +6.57% | -0.28% | View data |
| 5 | 5 Italy | 103,240,000 | 2023 | +0.88% | +10.01% | View data |
| 6 | 6 Denmark | 93,223,000 | 2023 | +15.47% | -5.21% | View data |
| 7 | 7 United Kingdom | 83,752,000 | 2023 | -3.09% | -2.3% | View data |
| 8 | 8 Czechia | 70,583,000 | 2023 | |||
| 9 | 9 Germany | 68,825,000 | 2023 | +12.37% | +3.01% | View data |
| 10 | 10 Latvia | 60,094,000 | 2023 | +4.68% | +3.96% | View data |
