What is the price of molasses per kilogram/pound in Canada today?
The retail price range for Canada molasses is between US$ 1.71 and US$ 2.20 per kilogram or between US$ 0.78 and US$ 1.00 per pound(lb). Click here to see today's exact prices of molasses in Canada
The retail price range in Canadian Dollar for molasses is between CAD 2.31 and CAD 2.97 per kilogram or between CAD 1.05 and CAD 1.35 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada molasses is between US$ 1.20 and US$ 1.54 per kilogram or between US$ 0.54 and US$ 0.70 per pound(lb).
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Canada Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Canada has seen a steady decline over the last five years. In 2021, the price was 0.21 US $ per kg, down from 0.33 US $ per kg in 2011. The lowest price was recorded in 2015, at 0.24 US $ per kg. Since then, the price has remained relatively stable, with a slight increase in 2018 to 0.24 US $ per kg. The current price of 0.21 US $ per kg is the lowest in the last decade. Based on this trend, it is likely that the export price per kilogram of Molasses from Canada will remain at 0.21 US $ per kg in 2023 and 2024.The Canada molasses exports are categorised as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
Canada Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Canada over the last five years has been relatively stable. In 2017, the price was 0.22 US$ per kg, followed by 0.24 US$ per kg in 2018. In 2019, the price dropped to 0.20 US$ per kg and has remained at that level in 2020 and 2021. Looking at the data, it appears that the price of Molasses has been relatively consistent over the last five years. Based on this trend, it is likely that the price of Molasses will remain at 0.21 US$ per kg in 2023 and 2024.Export values for Canada molasses
The total values in export for molasses in Canada were US$ 4,490, US$ 2,811, US$ 2,967 and US$ 4,136 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across North America: Canada molasses, US molasses, Anguilla molasses, Antigua and Barbuda molasses, Bermuda molasses, Bonaire, Sint Eustatius and Saba molasses, St.Pierre and Miquelon molasses, United States Minor Outlying Islands molasses, Cayman Islands molasses & Greenland molasses.
Canada molasses - Production, Exports, Imports, Seasons and HS Codes
The quantity of molasses shipped by Canada in 2020 was 22,045 metric tons. In 2019 Canada exported 20,717 tonnes of molasses. Through 2019 alone, the market for Canada molasses (processed category) has gone up, with a change of 70.398 % compared to the year 2018. Between 2017 and 2019, molasses' exports grew by 65.22% earning the exporter US$4.14m for the year 2019. Canada's molasses exports are classified as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Canada molasses export values
In 2019, Canada supplied molasses costing 4.14m USD, a growth of 39.53% from 2018's total molasses export of 2.967m USD. The yearly increase in value of Canada molasses between 2017 to 2018 was 5.55 pc.
The annual variation in the quantity of Canada's molasses exports between 2017 and 2019 was 65.22 percent when compared to a variation of 70.398% in the growth rate between 2018 and 2019.
Export markets for Canada molasses ( in '000$ )
Canada's best performing destinations for molasses are US, South Korea, Iceland, France and Venezuela.
Canada ordered 112,633 tonnes of molasses in 2019.