Earlier Report Observations
Bolivia's molasses market volume, derived entirely from domestic production, showed considerable movement between 2018 and 2023. Starting at 125 thousand tons in 2018, production fell to 110 thousand tons the following year before a slight recovery to 112 thousand tons in 2020. A sharp contraction then occurred in 2021, with output dropping to 84.2 thousand tons. The market subsequently stabilized, recording 84.7 thousand tons in 2022 and 86.1 thousand tons in 2023.
In 2024, the foundational sugarcane agroindustry reported expanded activity. The sector processed 23 million tons of cane, a 5% increase from 2023, producing around 2 million tons of sugar and 445 million liters of ethanol. Annual ethanol output grew by 10%, a trend that directly implies higher generation of molasses as it is a residue from sugar extraction and a feedstock for alcohol and biofuels. This industrial growth points to increased availability of this by-product.
The sugarcane complex remains a key economic driver, supporting 286,000 formal jobs. Furthermore, a trade asymmetry within the Andean Community of Nations, where Bolivia restricts imports of Colombian sugar while supplying about half of Colombia's sugar purchases, influences regional dynamics for sugar and related by-products like molasses.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bolivia
- 5.1.1. Annual dynamics of production in Bolivia in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Bolivia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Bolivia
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Bolivia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Bolivia by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Bolivia in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Bolivia by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bolivia, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bolivia by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Bolivia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Bolivia by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Bolivia in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Bolivia by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bolivia, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bolivia by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production molasses in Bolivia
In kind, 2017-2020, K t
Top producers of molasses, 2017-2020
World map of production of molasses, 2017-2020
In 2020, Bolivia produced 112.0 K t of molasses, marking a slight increase of 1.8% compared to the previous year. Over the period from 2017 to 2020, production declined by 10.4%, with a compound annual growth rate of 3.6%. The lowest production level was recorded in 2019 at 110.0 K t, which also saw the largest decline of 12.0% during this timeframe.
Annual dynamics of production in Bolivia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | (12.0%) | 1.8% | (3.6%) |
Exports molasses from Bolivia
According to desk-based research findings, Bolivia did not export any molasses from 2017 to 2020.
Imports molasses to Bolivia
Imports in kind, kg
The market for molasses imports in Bolivia showed significant fluctuations during this period. Imports reached their lowest point in 2019 at 4.0 kg, representing a sharp drop of 99.4% from the previous year. In contrast, imports peaked in 2018 at 694.4 kg, with the largest increase recorded that year at 2 895.6%. Overall, there was a 174-fold difference between the minimum in 2019 and the maximum in 2018.
Annual dynamics of product's imports to Bolivia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 895.6% | (99.4%) | n/a | - |
From 2017 to 2020, the United States dominated Bolivia's molasses imports in kind, consistently making up 98.8% of the total volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bolivia in kind, 2017-2020
Imports in value, $ US
The value of molasses imports in Bolivia was highly volatile during these years. In 2019, imports amounted to 90 US dollars, down by 95.1% compared to the previous year. The highest value was recorded in 2018 at 1 833 US dollars, which also saw the largest increase of 1 552.8%. This resulted in a 20-fold variation between the minimum in 2019 and the maximum in 2018.
Annual dynamics of product's imports to Bolivia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 552.8% | (95.1%) | n/a | - |
Between 2017 and 2020, Bolivia's molasses imports in value terms were primarily sourced from the United States, which accounted for 90.8% of the total.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bolivia in value, 2017-2020
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