What is the price of molasses per kilogram/pound in Kenya today?
The retail price range for Kenya molasses is between US$ 0.38 and US$ 0.44 per kilogram or between US$ 0.17 and US$ 0.20 per pound(lb). Click here to see today's exact prices of molasses in Kenya
The retail price range in Kenyan Shilling for molasses is between KES 52.76 and KES 60.88 per kilogram or between KES 23.93 and KES 27.61 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya molasses is between US$ 0.27 and US$ 0.31 per kilogram or between US$ 0.12 and US$ 0.14 per pound(lb).
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Kenya Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from Kenya over the last five years has been relatively stable. In 2016, the price was 0.10 US $ per kg, followed by 0.09 US $ per kg in 2017, 0.07 US $ per kg in 2018, 0.06 US $ per kg in 2019, and 0.05 US $ per kg in 2020 and 2021. This indicates that the price of Molasses from Kenya has been decreasing steadily over the past five years. Based on this trend, it is likely that the export price per kilogram of Molasses from Kenya in 2023 and 2024 will be 0.04 US $ per kg and 0.03 US $ per kg respectively.The Kenya 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)
Kenya Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Kenya over the last five years has been relatively stable. In 2016, the price was $0.10, followed by a slight decrease to $0.09 in 2017. In 2018, the price dropped further to $0.07, and then to $0.06 in 2019. The price has remained at $0.05 since 2020. Based on this trend, it is likely that the import price per kilogram of Molasses into Kenya will remain at $0.05 in 2023 and 2024.Export values for Kenya molasses
The total values in export for molasses in Kenya were US$ 852, US$ 1,421, US$ 1,798 and US$ 146 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kenya: 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.
Kenya molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya exported 2,572 tonnes of molasses. For 2019 alone, the market for Kenya molasses (processed category) has gone down, flactuating by -89.845 pc compared to the year 2018. Between 2017 and 2019, molasses' exports decreased by -84.37 percent netting the nation US$0.15m for the year 2019. Kenya's molasses exports are classified as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Kenya molasses export values
In 2019, Kenya shipped molasses costing 0.15m USD, a contraction of -91.66% from 2018's total molasses export of 1.798m USD. The annual reduction in value of Kenya molasses between 2017 to 2018 was 26.531 percent.
The per year change in the amount of Kenya's molasses exports between 2017 and 2019 was -84.37 pc compared to a variation of -89.845% in the period between 2018 and 2019.
Export markets for Kenya molasses ( in '000$ )
Kenya's leading export markets for molasses are Uganda, the Netherlands, Denmark, Hong Kong and China.
Kenya purchased 20 tonnes of molasses in 2019.