What is the price of molasses per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) molasses is between US$ 1.05 and US$ 5.26 per kilogram or between US$ 0.48 and US$ 2.38 per pound(lb). Click here to see today's exact prices of molasses in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for molasses is between AED 3.86 and AED 19.31 per kilogram or between AED 1.75 and AED 8.76 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) molasses is between US$ 0.74 and US$ 3.68 per kilogram or between US$ 0.33 and US$ 1.67 per pound(lb).
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United Arab Emirates (UAE) Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from the United Arab Emirates (UAE) has seen a steady decline over the last five years. In 2012, the price was 0.38 US $ per kg, and by 2021, it had dropped to 0.16 US $ per kg. This represents a decrease of 57.9%. The most significant drop was seen in 2019, when the price jumped from 0.1 US $ per kg to 1.2 US $ per kg, before dropping back down to 0.15 US $ per kg in 2020. Based on this trend, it is predicted that the export price per kilogram of Molasses from the UAE will be 0.14 US $ per kg in 2023 and 0.13 US $ per kg in 2024.The United Arab Emirates (UAE) 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)
United Arab Emirates (UAE) Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into the United Arab Emirates (UAE) has seen a steady decline over the past five years. In 2012, the import price was 0.38 US dollars per kg, and this decreased to 0.29 US dollars per kg in 2013. This downward trend continued in 2014, when the import price dropped to 0.22 US dollars per kg. In 2015, the import price decreased further to 0.21 US dollars per kg, and in 2016, it dropped to 0.19 US dollars per kg. The most significant decrease was seen in 2017, when the import price dropped to 0.16 US dollars per kg. This was followed by a slight increase in 2018, when the import price rose to 0.1 US dollars per kg. However, in 2019, the import price rose sharply to 1.2 US dollars per kg. This was followed by a decrease in 2020, when the import price dropped to 0.15 US dollars per kg. In 2021, the import price increased slightly to 0.16 US dollars per kg. Based on this trend, it is predicted that the import price of Molasses into the UAE will remain steady at 0.16 US dollars per kg in 2023 and 2024.Export values for United Arab Emirates (UAE) molasses
The total values in export for molasses in United Arab Emirates (UAE) were US$ 4,138, US$ 3,792, US$ 2,081 and US$ 423 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Arab Emirates (UAE): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Middle East: Bahrain molasses, Cyprus molasses, Iraq molasses, Israel molasses, Jordan molasses, Kuwait molasses, Lebanon molasses, Palestine molasses, Oman molasses & Qatar molasses.
United Arab Emirates (UAE) molasses - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) sold 352 tonnes of molasses. Through 2019 alone, the demand for United Arab Emirates (UAE) molasses (processed category) has shrunk, changing by -98.311 pc compared to the year 2018. Between 2017 and 2019, molasses' exports reduced by -98.55% earning United Arab Emirates (UAE) US$0.42m for the year 2019. United Arab Emirates (UAE)'s molasses exports are categorised as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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United Arab Emirates (UAE) molasses export values
In 2019, United Arab Emirates (UAE) sold molasses valued at 0.42m USD, a drop of -79.82% from 2018's total molasses export of 2.081m USD. The annual reduction in value of United Arab Emirates (UAE) molasses between 2017 to 2018 was -45.121 pc.
The annual variation in the amount of United Arab Emirates (UAE)'s molasses exports between 2017 and 2019 was -98.55% compared to a variation of -98.311% in the period between 2018 and 2019.
Export markets for United Arab Emirates (UAE) molasses ( in '000$ )
United Arab Emirates (UAE)'s leading export markets for molasses are Kuwait, Jordan, Oman, Malaysia and Saudi Arabia.
United Arab Emirates (UAE) purchased 2,465 tonnes of molasses in 2019.