What is the price of molasses per kilogram/pound in Swaziland (Eswatini) today?
The retail price range for Swaziland (Eswatini) molasses is between US$ 0.36 and US$ 0.41 per kilogram or between US$ 0.16 and US$ 0.19 per pound(lb). Click here to see today's exact prices of molasses in Swaziland (Eswatini)
The retail price range in Swazi lilangeni for molasses is between SZL 7.01 and SZL 7.95 per kilogram or between SZL 3.18 and SZL 3.61 per pound(lb) in Manzini and Mbabane.
Wholesale prices
In 2024, the approximate wholesale price range for Swaziland (Eswatini) molasses is between US$ 0.25 and US$ 0.29 per kilogram or between US$ 0.11 and US$ 0.13 per pound(lb).
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Swaziland (Eswatini) Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Swaziland (Eswatini) over the last five years has seen a steady decline. In 2012, the price was 0.73 US dollars per kg, but by 2020, it had dropped to 0.03 US dollars per kg. This represents a decrease of 95.9% over the eight-year period. The trend of decreasing prices is expected to continue in the coming years, with an estimated price of 0.02 US dollars per kg in 2023 and 0.01 US dollars per kg in 2024.The molasses exports from Swaziland (Eswatini) 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)
Swaziland (Eswatini) Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Swaziland (Eswatini) over the last five years has been relatively stable. In 2016, the price was 0.03 US$ per kg, and this remained the same in 2017 and 2020. In 2018, the price dropped to 0.02 US$ per kg, before increasing to 0.04 US$ per kg in 2019. The highest price in the last five years was 0.73 US$ per kg in 2012. Based on this data, it is likely that the import price of Molasses into Swaziland (Eswatini) will remain stable in the next few years, with a predicted price of 0.03 US$ per kg in 2023 and 2024.Export values for Swaziland (Eswatini) molasses
The total values in export for molasses in Swaziland (Eswatini) were US$ 46, US$ 426, US$ 37 and US$ 299 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Swaziland (Eswatini): 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.
Swaziland (Eswatini) molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Swaziland (Eswatini) sold 7,001 tonnes of molasses. In 2019 alone, the market for Swaziland (Eswatini) molasses (processed category) has escalated, changing by 233.54 pc compared to the year 2018. Between 2017 and 2019, molasses' exports decreased by -35.49 pc bringing the nation US$0.30m for the year 2019. Swaziland (Eswatini)'s molasses exports are categorised as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Swaziland (Eswatini) molasses export values
In 2019, Swaziland (Eswatini) shipped molasses with a value of 0.30m USD, a surge of 710.81% from 2018's total molasses export of 0.037m USD. The yearly increase in value of Swaziland (Eswatini) molasses between 2017 to 2018 was -91.315 percent.
The yearly change in the volume of Swaziland (Eswatini)'s molasses exports between 2017 and 2019 was -35.49 percent in comparison to a variation of 233.54% in the period between 2018 and 2019.
Export markets for Swaziland (Eswatini) molasses ( in '000$ )
Swaziland (Eswatini)'s best performing destinations for molasses are South Africa, Equatorial Guinea and Mozambique.
Swaziland (Eswatini) bought 4 tonnes of molasses in 2019.