What is the price of molasses per kilogram/pound in Egypt today?
The retail price range for Egypt molasses is between US$ 3.84 and US$ 10.56 per kilogram or between US$ 1.74 and US$ 4.79 per pound(lb). Click here to see today's exact prices of molasses in Egypt
The retail price range in Egyptian Pound for molasses is between EGP 119.98 and EGP 329.93 per kilogram or between EGP 54.41 and EGP 149.63 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt molasses is between US$ 2.69 and US$ 7.39 per kilogram or between US$ 1.22 and US$ 3.35 per pound(lb).
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Egypt Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Egypt over the last five years has been relatively stable. In 2017, the price was 0.17 US $ per kg, followed by 0.15 US $ per kg in 2018 and 2019. In 2020, the price increased to 0.15 US $ per kg, and then again to 0.19 US $ per kg in 2021. Based on this trend, it is likely that the export price of Molasses from Egypt in 2023 will be around 0.17 US $ per kg, and in 2024 it will be around 0.19 US $ per kg.The exports of molasses from Egypt 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)
Egypt Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Egypt over the last five years has been relatively stable. In 2017, the price was 0.17 US$ per kg, followed by 0.15 US$ per kg in 2018 and 2019. In 2020, the price increased to 0.15 US$ per kg, before dropping back to 0.19 US$ per kg in 2021. Based on this data, it is likely that the import price per kilogram of Molasses into Egypt will remain around 0.15 US$ per kg in 2023 and 2024.Export values for Egypt molasses
The total values in export for molasses in Egypt were US$ 432, US$ 43, US$ 680 and US$ 4,071 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: 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.
Egypt molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 398,799 tonnes of molasses. Through 2019 alone, the market for Egypt molasses (processed category) has surged, changing by 40.118 % compared to the year 2018. Between 2017 and 2019, molasses' exports grew by 10.27 pc bringing the nation US$4.07m for the year 2019. Egypt's molasses exports are categorised as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Egypt molasses export values
In 2019, Egypt sold molasses costing 4.07m USD, a growth of 498.53% from 2018's total molasses export of 0.68m USD. The yearly increase in value of Egypt molasses between 2017 to 2018 was 1481.395 per cent.
The yearly change in the quantity of Egypt's molasses exports between 2017 and 2019 was 10.27 percent when compared to a variation of 40.118% in the growth rate between 2018 and 2019.
Export markets for Egypt molasses ( in '000$ )
Egypt's top export markets for molasses are Indonesia, Canada, Spain, Portugal and Turkey.
Egypt bought 19,796 tonnes of molasses in 2019.