What is the price of molasses per kilogram/pound in Jordan today?
The retail price range for Jordan molasses is between US$ 0.74 and US$ 1.23 per kilogram or between US$ 0.33 and US$ 0.56 per pound(lb). Click here to see today's exact prices of molasses in Jordan
The retail price range in Jordanian Dinar for molasses is between JOD 0.52 and JOD 0.87 per kilogram or between JOD 0.24 and JOD 0.40 per pound(lb) in Amman and Irbid.
Wholesale prices
In 2024, the approximate wholesale price range for Jordan molasses is between US$ 0.52 and US$ 0.86 per kilogram or between US$ 0.23 and US$ 0.39 per pound(lb).
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Jordan Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Jordan over the last five years has been quite volatile. In 2013, the price was 2.22 US dollars per kg, which dropped to 2.12 US dollars per kg in 2014. However, in 2016, the price skyrocketed to 11.91 US dollars per kg, and then further increased to 26.8 US dollars per kg in 2017. In 2018, the price dropped significantly to 3.57 US dollars per kg, and then increased again to 10.43 US dollars per kg in 2019. The most recent year, 2021, saw the lowest price of 0.37 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Molasses from Jordan in 2023 will be around 5.50 US dollars per kg, and in 2024 it will be around 8.00 US dollars per kg.The molasses exports from Jordan 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)
Jordan Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Jordan over the last five years has been quite varied. In 2013, the price was 2.22 US dollars per kg, dropping to 2.12 US dollars per kg in 2014. However, in 2016, the price rose significantly to 11.91 US dollars per kg. This was followed by a further increase in 2017 to 26.8 US dollars per kg. In 2018, the price dropped to 3.57 US dollars per kg, before rising again to 10.43 US dollars per kg in 2019. The most recent data shows the price to be 0.37 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Molasses into Jordan will remain relatively low in the next two years. We predict that the price in 2023 will be around 0.50 US dollars per kg, and in 2024 it will be around 0.60 US dollars per kg.Export values for Jordan molasses
The total values in export for molasses in Jordan were US$ 929, US$ 804, US$ 107 and US$ 73 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Jordan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Middle East: Bahrain molasses, Cyprus molasses, Iraq molasses, Israel molasses, Jordan molasses, Kuwait molasses, Lebanon molasses, Palestine molasses, Oman molasses & Qatar molasses.
Jordan molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jordan shipped 7 tonnes of molasses. For the year 2019 alone, the demand for Jordan molasses (processed category) has reduced, with a change of -76.667 percent compared to the year 2018. Between 2017 and 2019, molasses' exports reduced by -76.67% earning the country US$0.07m for the year 2019. Jordan's molasses exports are classified as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Jordan molasses export values
In 2019, Jordan sold molasses worth 0.07m USD, a reduction of -34.58% from 2018's total molasses export of 0.107m USD. The annual reduction in value of Jordan molasses between 2017 to 2018 was -86.692 pc.
The yearly variation in the volume of Jordan's molasses exports between 2017 and 2019 was -76.67 percent in comparison to a variation of -76.667% in the period between 2018 and 2019.
Export markets for Jordan molasses ( in '000$ )
Jordan's top export markets for molasses are Qatar, Algeria, United Kingdom (UK), Australia and US.
Jordan imported 538 tonnes of molasses in 2019.