What is the price of molasses per kilogram/pound in Pakistan today?
The retail price range for Pakistan molasses is between US$ 5.36 and US$ 8.29 per kilogram or between US$ 2.43 and US$ 3.76 per pound(lb). Click here to see today's exact prices of molasses in Pakistan
The retail price range in Pakistan Rupee for molasses is between PKR 1,532.14 and PKR 2,367.86 per kilogram or between PKR 694.85 and PKR 1,073.86 per pound(lb) in Islamabad and Lahore.
Wholesale prices
In 2024, the approximate wholesale price range for Pakistan molasses is between US$ 3.75 and US$ 5.80 per kilogram or between US$ 1.70 and US$ 2.63 per pound(lb).
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Pakistan Molasses Export Prices - Historical, Trends and Prediction
The export price of Molasses from Pakistan has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The export price per kilogram of Molasses from Pakistan in 2022 is estimated to be $0.65. Based on the trend of the past five years, it is likely that the export price per kilogram of Molasses from Pakistan in 2023 and 2024 will be $0.70 and $0.75 respectively.The exports of molasses from Pakistan 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)
Pakistan Molasses Import Prices - Historical, Trends and Prediction
The import price of Molasses into Pakistan has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.60, and in 2021 it further increased to $0.70. This year, the import price per kilogram of Molasses into Pakistan is $0.80. This represents a 77.78% increase in the import price over the past five years. Looking ahead, it is likely that the import price of Molasses into Pakistan will continue to increase in the coming years. Based on the current trend, it is estimated that the import price per kilogram of Molasses into Pakistan will be $0.90 in 2023 and $1.00 in 2024.Export values for Pakistan molasses
The total values in export for molasses in Pakistan were US$ 7,021, US$ 19,652, US$ 16,698 and US$ 5,339 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Pakistan: 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.
Pakistan molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Pakistan sold 44,532 tonnes of molasses. For the year 2019 alone, the demand for Pakistan molasses (processed category) has shrunk, recording a change of -73.846 percent compared to the year 2018. Between 2017 and 2019, molasses' exports reduced by -72.47 pc bringing the country US$5.34m for the year 2019. Pakistan's molasses exports are classified as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Pakistan molasses export values
In 2019, Pakistan exported molasses with a value of 5.34m USD, a decrease of -68.02% from 2018's total molasses export of 16.698m USD. The annual reduction in value of Pakistan molasses between 2017 to 2018 was -15.032 pc.
The per year change in the quantity of Pakistan's molasses exports between 2017 and 2019 was -72.47 per cent when compared to a variation of -73.846% in the growth rate between 2018 and 2019.
Export markets for Pakistan molasses ( in '000$ )
Pakistan's best performing export markets for molasses are Italy, Qatar, United Arab Emirates (UAE), Oman and Kuwait.
Pakistan brought in 4 tonnes of molasses in 2019.