Market research

Molasses market in Americas

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Americas" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The molasses market volume in the Americas showed a consistent upward trajectory from 2018 to 2023, rising from 20 288 thousand tons to 28 083 thousand tons. The most notable surge occurred in 2020 when volume increased by 18% to 24 689 thousand tons, followed by a slight contraction in 2021 before growth resumed.

International trade played a key role in shaping the market. Major global exporters like India, Russia, and Indonesia dominated supply chains, while within the Americas, Mexican states such as Sinaloa and Nuevo León increased their international sales, indicating strengthened regional production hubs.

In 2023, India's decision to impose a 50% export duty on molasses—effective from January 2024—redirected supplies toward domestic ethanol production. This policy shift contributed to a 28% decline in India's export value that year, influencing global trade flows and availability for importing regions.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Americas
  1. 5.1.1. Annual dynamics of production in Americas in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production molasses in Americas

In kind, 2017-2020, K t

Top producers of molasses, 2017-2020

Source: SHEV.io

World map of production of molasses, 2017-2020

Source: SHEV.io

Molasses production in the Americas has increased for the second consecutive year. In 2020, production reached 25 249 K t, marking an 18.4% rise compared to the previous year. The lowest production level was recorded in 2018 at 20 820 K t, which also saw the largest decline of 16.0%.

Annual dynamics of production in Americas in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(16.0%)	2.4%	18.4%	0.6%

Source: SHEV.io

In value, 2017-2020, M $ US

Molasses production in the Americas has increased for the second consecutive year. In 2020, the output was valued at 6 445 M $ US, representing a 37.9% increase from the prior year. From 2017 to 2020, production grew by 40.2%, with a compound annual growth rate (CAGR) of 11.9%. The lowest value was recorded in 2018 at 4 253 M $ US, which also experienced the largest decline of 7.5%.

Annual dynamics of production in Americas in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.5%)	9.9%	37.9%	11.9%

Source: SHEV.io

Exports molasses from Americas

Exports in kind, K t

After a two-year decline, cross-border shipments of molasses from the Americas have increased. In 2020, exports totaled 805.8 K t, showing a robust rise of 18.9% compared to the previous year. Between 2017 and 2020, exports decreased by 14.2%, equating to an annualized rate of 5.0%. The lowest export volume was recorded in 2019 at 677.9 K t, while the largest decline occurred in 2018 at 25.7%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.7%)	(2.8%)	18.9%	(5.0%)

Source: SHEV.io

From 2017 to 2020, molasses from the Americas was exported to a wide range of markets. The Netherlands (9.9% of exports in kind), the United Kingdom (9.9% of exports in kind), and South Korea (3.0% of exports in kind) together accounted for 22.8% of total exports in kind, with the remaining 77.2% distributed among many smaller destinations.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Cross-border shipments of molasses from the Americas have increased for the second consecutive year. In 2020, exports amounted to 205.7 M $ US, reflecting a sharp increase of 38.5% over the past year. From 2017 to 2020, exports grew by 18.1%, with a compound annual growth rate (CAGR) of 5.7%. The lowest value was recorded in 2018 at 142.4 M $ US, which also saw the largest decline of 18.2%.

Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.2%)	4.3%	38.5%	5.7%

Source: SHEV.io

During 2017–2020, the Netherlands (8.2% of exports in value terms), the United Kingdom (8.2% of exports in value terms), and South Korea (2.3% of exports in value terms) were significant buyers of molasses from the Americas. However, their combined share reached only 18.7% of total exports in value terms, with the remaining 81.3% spread across many other partners.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in value, 2017-2020

Source: SHEV.io

Imports molasses to Americas

Imports in kind, K t

The market exhibited an unstable trend throughout the period. Import volumes varied 4.3 times from the high in 2017 to the low in 2019. In 2020, molasses shipments to the Americas from abroad stood at 245.8 K t, marking a sudden rise of 49.7% year-over-year. The lowest import volume was recorded in 2019 at 164.3 K t, while the largest decline occurred in 2018 at 76.5%.

Annual dynamics of product's imports to Americas in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(76.5%)	(0.4%)	49.7%	(29.5%)

Source: SHEV.io

Over 2017–2020, the country breakdown of imports in kind was scattered. Egypt (7.6% of imports in kind), Poland (6.8% of imports in kind), and Fiji (2.7% of imports in kind) together accounted for just 17.0% of total flows, with no single partner emerging as clearly dominant.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

After a two-year drop, molasses deliveries to the Americas have increased. In 2020, imports totaled 54.1 M $ US, reflecting an advance of 53.8% from a year earlier. From 2017 to 2020, imports increased by 28.1%, with a compound annual growth rate (CAGR) of 8.6%. The lowest value was recorded in 2019 at 54.1 M $ US, while the largest decline occurred in 2018 at 13.3%.

Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.3%)	(3.9%)	53.8%	8.6%

Source: SHEV.io

During 2017–2020, molasses to the Americas was supplied from many different markets. Even the largest destinations — Egypt, Poland, and Fiji — together represented only 16.1% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in value, 2017-2020

Source: SHEV.io