What is the price of molasses per kilogram/pound in Cape Verde today?
The retail price range for Cape Verde molasses is between US$ 2.90 and US$ 4.83 per kilogram or between US$ 1.31 and US$ 2.19 per pound(lb). Click here to see today's exact prices of molasses in Cape Verde
The retail price range in Cape Verdean Escudo for molasses is between CVE 295.84 and CVE 493.06 per kilogram or between CVE 134.17 and CVE 223.61 per pound(lb) in Praia and Mindelo.
Wholesale prices
In 2024, the approximate wholesale price range for Cape Verde molasses is between US$ 2.03 and US$ 3.38 per kilogram or between US$ 0.92 and US$ 1.53 per pound(lb).
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Cape Verde Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Cape Verde over the last five years has been quite varied. In 2016, the price was 8.00 US $ per kg, followed by a sharp drop to 4.00 US $ per kg in 2017. In 2018, the price rose to 7.00 US $ per kg, before dropping to 2.50 US $ per kg in 2019. The price then rose again to 6.00 US $ per kg in 2020. Based on this data, it is likely that the export price of Molasses from Cape Verde will remain around 6.00 US $ per kg in 2021 and 2022. For 2023 and 2024, it is predicted that the export price of Molasses from Cape Verde will be around 5.50 US $ per kg and 5.00 US $ per kg respectively.The exports of molasses from Cape Verde are categorised 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)
Cape Verde Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Cape Verde over the last five years has been quite volatile. In 2015, the price was 3.00 US$ per kg, followed by a sharp increase to 8.00 US$ per kg in 2016. This was followed by a decrease to 4.00 US$ per kg in 2017 and then a further increase to 7.00 US$ per kg in 2018. The price then dropped to 2.50 US$ per kg in 2019 and increased again to 6.00 US$ per kg in 2020. Based on this data, it is likely that the import price per kilogram of Molasses into Cape Verde will continue to fluctuate in the coming years. We can predict that the price in 2023 will be around 4.50 US$ per kg and in 2024 it will be around 5.50 US$ per kg.Export values for Cape Verde molasses
The total values in export for molasses in Cape Verde were US$ 16, US$ 8, US$ 7 and US$ 5 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Cape Verde: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Africa: Algeria molasses, Angola molasses, Botswana molasses, Burundi molasses, Cameroon molasses, Cape Verde molasses, Central African Republic molasses, Comoros molasses, DRC Congo molasses & Benin molasses.
Cape Verde molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Cape Verde shipped 2 tonnes of molasses. Across 2019 alone, the interest in Cape Verde molasses (processed category) has surged, with a change of 100 pc compared to the year 2018. Between 2017 and 2019, molasses' exports remained stable at 0 pc netting the exporter US$0.00m for the year 2019. Cape Verde's molasses exports are classified as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Cape Verde molasses export values
In 2019, Cape Verde exported molasses valued at 0.00m USD, a decrease of -100.00% from 2018's total molasses export of 0.007m USD. The yearly reduction in value of Cape Verde molasses between 2017 to 2018 was -12.5%.
The annual variation in the quantity of Cape Verde's molasses exports between 2017 and 2019 was 0 per cent in comparison to a variation of 100% in the period between 2018 and 2019.
Export markets for Cape Verde molasses ( in '000$ )
Cape Verde's top export markets for molasses are the Netherlands and Portugal.
Cape Verde purchased 33 tonnes of molasses in 2019.