Market research

Molasses market in Uruguay

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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Earlier Report Observations

From 2018 to 2020, the molasses market in Uruguay remained relatively stable, hovering around 6 000 metric tons, with a peak of 6 281 metric tons in 2020. Domestic production held steady at 5 000 metric tons annually, supplemented by imports.

In 2021, the market contracted by 26% to 4 629 metric tons, driven primarily by a fall in production to 3 361 metric tons. Over the next two years, market volume partially recovered, reaching 5 253 metric tons in 2022 and 5 070 metric tons in 2023, while production stabilized at 4 201 metric tons.

Molasses imports, ranging from 869 to 1 281 metric tons per year, tended to move inversely with domestic output, rising when local production declined. By 2023, total market volume remained approximately 15% below the 2020 high.

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 Uruguay
  1. 5.1.1. Annual dynamics of production in Uruguay in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Uruguay in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, 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, 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, t
    1. 6.1.2.1. Annual dynamics of product's imports to Uruguay in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Uruguay by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Uruguay in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Uruguay by countries, 2018-2024, K $ 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 Uruguay, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Uruguay 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, t
    1. 6.2.2.1. Annual dynamics of product's imports to Uruguay in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Uruguay by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Uruguay in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Uruguay by countries, 2018-2024, K $ 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 Uruguay, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Uruguay by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production molasses in Uruguay

In kind, 2017-2020, t

Top producers of molasses, 2017-2020

Source: SHEV.io

World map of production of molasses, 2017-2020

Source: SHEV.io

In 2020, Uruguay produced 5 000 tonnes of molasses, a figure that remained virtually unchanged from the previous year. The largest increase and decline were both recorded in 2018, at 0.0%.

Annual dynamics of production in Uruguay in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports molasses from Uruguay

Market research indicates that Uruguay did not export any molasses between 2017 and 2020.

Imports molasses to Uruguay

Imports in kind, t

The market experienced noticeable fluctuations during this period. Import volumes reached their lowest point in 2017 and peaked in 2020, with a 2.3-fold difference between these years. In 2020, Uruguay imported 1 281 tonnes of molasses, marking a sharp increase of 35.5% compared to the previous year. The largest decline occurred in 2019 at 4.9%, while the largest increase was recorded in 2018 at 81.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	81.2%	(4.9%)	35.5%	32.7%

Source: SHEV.io

From 2017 to 2020, Argentina dominated Uruguay's molasses imports in kind, consistently representing 96.7% of the total volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The market displayed volatility over the observed period. Import values fell to their lowest point in 2017 and peaked in 2020, with a two-fold variation. In 2020, Uruguay imported molasses worth 236.7 thousand US dollars, showing an uptick of 21.0% year-over-year. The largest decline was in 2019 at 12.7%, and the largest increase occurred in 2018 at 89.2%.

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