What is the price of molasses per kilogram/pound in India today?
The retail price range for India molasses is between US$ 0.58 and US$ 3.38 per kilogram or between US$ 0.26 and US$ 1.53 per pound(lb). Click here to see today's exact prices of molasses in India
The retail price range in Indian Rupee for molasses is between INR 48.06 and INR 280.35 per kilogram or between INR 21.80 and INR 127.14 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India molasses is between US$ 0.41 and US$ 2.37 per kilogram or between US$ 0.18 and US$ 1.07 per pound(lb).
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India Molasses Export Prices - Historical, Trends and Prediction
The export price of Molasses from India over the last five years has been relatively stable. In 2017, the price per kilogram was 0.15 US dollars, which was the highest in the period. In 2018, the price dropped to 0.10 US dollars, and then increased to 0.11 US dollars in 2019. In 2020 and 2021, the price per kilogram was 0.14 US dollars. Based on this trend, it is predicted that the export price of Molasses from India in 2023 and 2024 will be 0.14 US dollars per kilogram.The exports of molasses from India 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)
India Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into India over the last five years has been relatively stable. In 2017, the price was 0.15 US$ per kg, which was the highest in the period. In 2018, the price dropped to 0.10 US$ per kg, and then increased to 0.11 US$ per kg in 2019. In 2020 and 2021, the price was 0.14 US$ per kg. Based on this trend, it is likely that the import price per kilogram of Molasses into India in 2023 and 2024 will be 0.14 US$ per kg.Export values for India molasses
The total values in export for molasses in India were US$ 17,761, US$ 10,652, US$ 50,255 and US$ 93,508 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in India: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Asia: Kazakhstan molasses, Kyrgyzstan molasses, Tajikistan molasses, Turkmenistan molasses, Uzbekistan molasses, China molasses, Hong Kong molasses, Macao molasses, North Korea molasses & Mongolia molasses.
India molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 851,540 tonnes of molasses. In 2019 alone, the interest in India molasses (processed category) has climbed, recording a change of 69.661 percent compared to the year 2018. Between 2017 and 2019, molasses' exports grew by 1065.39 percent netting the country US$93.51m for the year 2019. India's molasses exports are categorised as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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India molasses export values
In 2019, India supplied molasses costing 93.51m USD, an increment of 86.07% from 2018's total molasses export of 50.255m USD. The yearly growth in value of India molasses between 2017 to 2018 was 371.789 pc.
The annual change in the quantity of India's molasses exports between 2017 and 2019 was 1065.39% when compared to a variation of 69.661% in the growth rate between 2018 and 2019.
Export markets for India molasses ( in '000$ )
India's best performing export markets for molasses are the Netherlands, United Kingdom (UK), South Korea, the Philippines and Italy.
India brought in 851,540 tonnes of molasses in 2019.