What is the price of molasses per kilogram/pound in Japan today?
The retail price range for Japan molasses is between US$ 8.63 and US$ 18.22 per kilogram or between US$ 3.91 and US$ 8.27 per pound(lb). Click here to see today's exact prices of molasses in Japan
The retail price range in Yen for molasses is between JPY 1,191.67 and JPY 2,517.22 per kilogram or between JPY 540.44 and JPY 1,141.60 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan molasses is between US$ 6.04 and US$ 12.76 per kilogram or between US$ 2.74 and US$ 5.79 per pound(lb).
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Japan Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Japan over the last five years has been quite varied. In 2017, the price was 0.47 US $ per kg, followed by a significant increase to 1.63 US $ per kg in 2019. The price then dropped to 1.57 US $ per kg in 2021 and further decreased to 0.55 US $ per kg in 2022. Based on this trend, it is likely that the export price of Molasses from Japan in 2023 will be around 0.45 US $ per kg and in 2024 will be around 0.35 US $ per kg.The exports of molasses from Japan 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)
Japan Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Japan over the last five years has been quite volatile. In 2018, the price was 0.81 US$ per kg, which was the highest in the five year period. This was followed by a sharp decline in 2019 to 1.63 US$ per kg. In 2021, the price dropped further to 1.57 US$ per kg. However, in 2022, the price rose to 0.55 US$ per kg. Based on this trend, it is likely that the import price of Molasses into Japan in 2023 will be around 0.75 US$ per kg and in 2024 it will be around 0.65 US$ per kg.Export values for Japan molasses
The total values in export for molasses in Japan were US$ 100, US$ 36, US$ 125 and US$ 170 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Japan: 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.
Japan molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Japan sold 104 tonnes of molasses. For the year 2019 alone, the interest in Japan molasses (processed category) has reduced, with a change of -32.468 per cent compared to the year 2018. Between 2017 and 2019, molasses' exports went up by 35.06% netting the nation US$0.17m for the year 2019. Japan's molasses exports are categorised as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Japan molasses export values
In 2019, Japan sold molasses with a value of 0.17m USD, an increase of 36.00% from 2018's total molasses export of 0.125m USD. The annual growth in value of Japan molasses between 2017 to 2018 was 247.222%.
The per year change in the volume of Japan's molasses exports between 2017 and 2019 was 35.06 pc compared to a variation of -32.468% in the period between 2018 and 2019.
Export markets for Japan molasses ( in '000$ )
Japan's top destinations for molasses are South Korea, China, Finland, Thailand and Singapore.
Japan brought in 135,759 tonnes of molasses in 2019.