What is the price of molasses per kilogram/pound in Nepal today?
The retail price range for Nepal molasses is between US$ 4.87 and US$ 5.85 per kilogram or between US$ 2.21 and US$ 2.65 per pound(lb). Click here to see today's exact prices of molasses in Nepal
The retail price range in Nepalese Rupee for molasses is between NPR 646.45 and NPR 776.00 per kilogram or between NPR 293.17 and NPR 351.93 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal molasses is between US$ 3.41 and US$ 4.10 per kilogram or between US$ 1.55 and US$ 1.86 per pound(lb).
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Nepal Molasses Export Prices - Historical, Trends and Prediction
The export price of Molasses from Nepal over the last five years has been relatively stable. In 2017, the price per kilogram was 0.09 US dollars, which was the highest in the five-year period. In 2018, the price dropped to 0.04 US dollars, the lowest in the five-year period. The price then increased to 0.06 US dollars in 2020 and further to 0.10 US dollars in 2021. Based on this trend, it is predicted that the export price of Molasses from Nepal in 2023 will be 0.11 US dollars per kilogram and in 2024 will be 0.12 US dollars per kilogram.The Nepal 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)
Nepal Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Nepal over the last five years has been relatively stable. In 2017, the price was 0.09 US$ per kg, followed by a decrease to 0.04 US$ per kg in 2018 and 2019. In 2020, the price increased to 0.06 US$ per kg and in 2021 it further increased to 0.10 US$ per kg. Based on this trend, it is predicted that the import price per kilogram of Molasses into Nepal in 2023 will be 0.12 US$ per kg and in 2024 it will be 0.14 US$ per kg.Export values for Nepal molasses
The total values in export for molasses in Nepal were US$ 1,131, US$ 1,209, US$ 181 and US$ 1,307 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Nepal: 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.
Nepal molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal sold 30,884 tonnes of molasses. Across 2019 alone, the market for Nepal molasses (processed category) has increased, recording a change of 612.105 per cent compared to the year 2018. Between 2017 and 2019, molasses' exports grew by 136.31% netting the exporter US$1.31m for the year 2019. Nepal's molasses exports are categorised as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Nepal molasses export values
In 2019, Nepal supplied molasses worth 1.31m USD, an increment of 623.76% from 2018's total molasses export of 0.181m USD. The annual growth in value of Nepal molasses between 2017 to 2018 was -85.029 pc.
The per year variation in the volume of Nepal's molasses exports between 2017 and 2019 was 136.31% in comparison to a variation of 612.105% in the period between 2018 and 2019.
Export markets for Nepal molasses ( in '000$ )
Nepal's top export markets for molasses are India, Australia and China.
Nepal ordered 0 tonnes of molasses in 2019.