What is the price of molasses per kilogram/pound in Uganda today?
The retail price range for Uganda molasses is between US$ 0.49 and US$ 1.96 per kilogram or between US$ 0.22 and US$ 0.89 per pound(lb). Click here to see today's exact prices of molasses in Uganda
The retail price range in Uganda Shilling for molasses is between UGX 1,888.46 and UGX 7,553.85 per kilogram or between UGX 856.45 and UGX 3,425.78 per pound(lb) in Kampala and Jinja.
Wholesale prices
In 2024, the approximate wholesale price range for Uganda molasses is between US$ 0.34 and US$ 1.37 per kilogram or between US$ 0.16 and US$ 0.62 per pound(lb).
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Uganda Molasses Export Prices - Historical, Trends and Prediction
The export price of Molasses from Uganda has seen a steady increase over the last five years. In 2017, the price per kilogram was 0.22 US dollars, which was a significant jump from the 0.07 US dollars in 2012. The price then dropped to 0.12 US dollars in 2018, before increasing again to 0.22 US dollars in 2019. The most recent data shows that the price per kilogram is 0.19 US dollars in 2021. Based on this trend, it is likely that the export price of Molasses from Uganda will continue to increase in the next two years, with an estimated price of 0.24 US dollars in 2023 and 0.27 US dollars in 2024.The Uganda 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)
Uganda Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into Uganda has seen a steady increase over the past five years. In 2017, the price was 0.22 US $ per kg, followed by a slight decrease to 0.12 US $ per kg in 2018. However, in 2019, the price rose again to 0.22 US $ per kg and has since remained steady at 0.13 US $ per kg in 2020 and 0.19 US $ per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Molasses into Uganda will continue to increase in the coming years, with an estimated price of 0.24 US $ per kg in 2023 and 0.26 US $ per kg in 2024.Export values for Uganda molasses
The total values in export for molasses in Uganda were US$ 85, US$ 17 and US$ 1,190 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Uganda: 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.
Uganda molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 Uganda exported 5,409 tonnes of molasses. For the year 2019 alone, the market for Uganda molasses (processed category) has gone up, with a change of 3877.206 % compared to the year 2018. Between 2017 and 2019, molasses' exports increased by 1272.84 percent netting the nation US$1.19m for the year 2019. Uganda's molasses exports are categorised as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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Uganda molasses export values
In 2019, Uganda exported molasses with a value of 1.19m USD, an increase of 6,900.00% from 2018's total molasses export of 0.017m USD. The annual change in value of Uganda molasses between 2017 to 2018 was -80 percent.
The annual change in the volume of Uganda's molasses exports between 2017 and 2019 was 1272.84% compared to a variation of 3877.206% in the period between 2018 and 2019.
Export markets for Uganda molasses ( in '000$ )
Uganda's leading destinations for molasses are DRC Congo, Zambia, Rwanda and Kenya.
Uganda bought 21,550 tonnes of molasses in 2019.