What is the price of molasses per kilogram/pound in Barbados today?
The retail price range for Barbados molasses is between US$ 3.19 and US$ 9.56 per kilogram or between US$ 1.44 and US$ 4.33 per pound(lb). Click here to see today's exact prices of molasses in Barbados
The retail price range in Barbados Dollar for molasses is between BBD 6.37 and BBD 19.11 per kilogram or between BBD 2.89 and BBD 8.67 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados molasses is between US$ 2.23 and US$ 6.69 per kilogram or between US$ 1.01 and US$ 3.03 per pound(lb).
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Barbados Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Barbados over the last five years has been relatively stable. In 2017 and 2018, the price was 0.26 and 0.23 US dollars per kilogram respectively. In 2019, the price saw a significant increase to 1.33 US dollars per kilogram, followed by a decrease to 1.00 US dollars per kilogram in 2020. The price then dropped again to 0.43 US dollars per kilogram in 2021. The current price of Molasses from Barbados is 1.00 US dollars per kilogram. Based on the data, it is predicted that the export price per kilogram of Molasses from Barbados in 2023 will be 0.90 US dollars and in 2024 will be 0.80 US dollars.The Barbados 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)
Barbados Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Barbados over the last five years has been relatively stable. In 2017 and 2018, the price was 0.26 and 0.23 US dollars per kg respectively. In 2019, the price saw a significant increase to 1.33 US dollars per kg, before dropping to 1.00 US dollars per kg in 2020. The price then decreased again in 2021 to 0.43 US dollars per kg. The most recent data shows that the price of Molasses imports into Barbados is 1.00 US dollars per kg. Based on the data, it is predicted that the import price of Molasses into Barbados in 2023 will be 0.90 US dollars per kg, and in 2024 it will be 0.80 US dollars per kg.Export values for Barbados molasses
The total values in export for molasses in Barbados were US$ 6, US$ 6, US$ 11 and US$ 4 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Barbados: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Caribbean: Aruba molasses, Bahamas molasses, Barbados molasses, Cuba molasses, Dominican Republic molasses, Grenada molasses, Guadeloupe molasses, Haiti molasses, Jamaica molasses & Martinique molasses.
Barbados molasses - Production, Exports, Imports, Seasons and HS Codes
The volume of molasses exported by Barbados in 2020 was 2 tons. In 2019 Barbados sold 3 tonnes of molasses. Through 2019 alone, the interest in Barbados molasses (processed category) has decreased, flactuating by -93.75 percent compared to the year 2018. Between 2017 and 2019, molasses' exports reduced by -86.96 pc bringing Barbados US$0.00m for the year 2019. Barbados' molasses exports are classified as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Barbados molasses export values
In 2019, Barbados exported molasses valued at 0.00m USD, a drop of -100.00% from 2018's total molasses export of 0.011m USD. The yearly reduction in value of Barbados molasses between 2017 to 2018 was 83.333 pc.
The yearly variation in the amount of Barbados' molasses exports between 2017 and 2019 was -86.96 per cent when compared to a variation of -93.75% in the growth rate between 2018 and 2019.
Export markets for Barbados molasses ( in '000$ )
Barbados' leading destinations for molasses are US, France, Saint Vincent and the Grenadines and Grenada.
Barbados purchased 24,257 tonnes of molasses in 2019.