Russia Molasses Market Insights
Table of Contents
Russia molasses export quantities
The quantity of molasses exported by Russia in 2020 was 716,334 tons. In 2019 Russia sold 622,806 tonnes of molasses. For the year 2019 alone, the demand for Russia molasses (processed category) has shrunk, changing by -21.45 % compared to the year 2018. Between 2017 and 2019, molasses' exports decreased by -14.76 percent earning the exporter US$59.80m for the year 2019. Russia's molasses exports are classified as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Russia molasses export values
In 2019, Russia supplied molasses valued at 59.80m USD, an improvement of 10.35% from 2018's total molasses export of 54.191m USD. The annual change in value of Russia molasses between 2017 to 2018 was -0.14372846 per cent.
The annual change in the volume of Russia's molasses exports between 2017 and 2019 was -14.76% when compared to a variation of -21.45% in the growth rate between 2018 and 2019.
Export markets for Russia molasses ( in '000$ )
Russia's leading destinations for molasses are Turkey, Spain, Italy, Lithuania and Ukraine.
Russia imported 186 tonnes of molasses in 2019.
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Production of other produce in the Processed category in Russia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea and Black Tea.
See the production of molasses in other countries across Europe : Georgia molasses, Albania molasses, Belarus molasses, Bosnia and Herzegovina molasses, Bulgaria molasses, Croatia molasses, Czech Republic molasses, Estonia molasses, Greece molasses and Hungary molasses.