What is the price of molasses per kilogram/pound in Thailand today?
The retail price range for Thailand molasses is between US$ 0.84 and US$ 2.27 per kilogram or between US$ 0.38 and US$ 1.03 per pound(lb). Click here to see today's exact prices of molasses in Thailand
The retail price range in Baht for molasses is between THB 28.83 and THB 77.77 per kilogram or between THB 13.07 and THB 35.27 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand molasses is between US$ 0.59 and US$ 1.59 per kilogram or between US$ 0.27 and US$ 0.72 per pound(lb).
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Thailand Molasses Export Prices - Historical, Trends and Prediction
The export price of Molasses from Thailand over the last five years has been relatively stable, with an average of 0.12 US$ per kg. In 2012, the price was 0.08 US$ per kg, and it increased to 0.1 US$ per kg in 2013 and 2014. In 2015, the price remained the same, and then increased to 0.11 US$ per kg in 2016. In 2017, the price rose to 0.13 US$ per kg, before dropping back to 0.11 US$ per kg in 2018 and 2019. In 2020, the price increased to 0.16 US$ per kg, and then remained the same in 2021. In 2022, the price rose to 0.18 US$ per kg. Based on this trend, it is likely that the export price of Molasses from Thailand will continue to increase in the next two years, with an estimated price of 0.20 US$ per kg in 2023 and 0.22 US$ per kg in 2024.The exports of molasses from Thailand 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)
Thailand Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Thailand over the last five years has been relatively stable. In 2017, the price was 0.13 US$ per kg, followed by 0.11 US$ per kg in 2018 and 2019. In 2020, the price increased to 0.16 US$ per kg and has remained at that level in 2021 and 2022. Based on this data, it is likely that the import price of Molasses into Thailand will remain at 0.16 US$ per kg in 2023 and 2024.Export values for Thailand molasses
The total values in export for molasses in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: 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.
Thailand molasses - Production, Exports, Imports, Seasons and HS Codes
The volume of molasses shipped by Thailand in 2020 was 391,205 tons. In 2019 Thailand sold 629,507 tonnes of molasses. For 2019 alone, the interest in Thailand molasses (processed category) has improved, compared to the year 2018. Between 2017 and 2019 molasses exports were very few, bringing Thailand very little foreign income. Thailand's molasses exports are grouped 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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Thailand molasses export values
For the period between the years 2011 and 2020, Thailand sold molasses worth US$ 0.
The annual/yearly variation in the volume of Thailand's molasses exports between 2017 and 2019 was constant.
Export markets for Thailand molasses ( in '000$ )
Thailand's leading destinations for molasses are the Philippines, South Korea, Japan, Australia and Vietnam.
Thailand procured 38,773 tonnes of molasses in 2019.