What is the price of molasses per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) molasses is between US$ 0.96 and US$ 1.92 per kilogram or between US$ 0.44 and US$ 0.87 per pound(lb). Click here to see today's exact prices of molasses in United Kingdom (UK)
The retail price range in British pound sterling for molasses is between GBP 0.77 and GBP 1.54 per kilogram or between GBP 0.35 and GBP 0.70 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) molasses is between US$ 0.67 and US$ 1.35 per kilogram or between US$ 0.31 and US$ 0.61 per pound(lb).
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United Kingdom (UK) Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from the United Kingdom over the last five years has been relatively stable. In 2017, the price was 0.37 US dollars per kg, and in 2018 it increased slightly to 0.38 US dollars per kg. In 2019, the price rose to 0.43 US dollars per kg, and in 2020 it reached its highest point of 0.51 US dollars per kg. In 2021, the price dropped to 0.44 US dollars per kg, and in 2022 it remained at 0.45 US dollars per kg. Based on this data, it is likely that the export price per kilogram of Molasses from the United Kingdom will remain around 0.45 US dollars per kg in 2023 and 2024.The molasses exports from United Kingdom (UK) 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)
United Kingdom (UK) Molasses Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) molasses
The total values in export for molasses in United Kingdom (UK) were US$ 15,567, US$ 16,109, US$ 17,563 and US$ 15,452 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 Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Europe: Georgia molasses, Albania molasses, Belarus molasses, Bosnia and Herzegovina molasses, Bulgaria molasses, Croatia molasses, Czech Republic molasses, Estonia molasses, Greece molasses & Hungary molasses.
United Kingdom (UK) molasses - Production, Exports, Imports, Seasons and HS Codes
The amount of molasses shipped by United Kingdom (UK) in 2020 was 44,885 tonnes. In 2019 United Kingdom (UK) sold 35,973 tonnes of molasses. Through 2019 alone, the interest in United Kingdom (UK) molasses (processed category) has reduced, recording a change of -21.54 per cent compared to the year 2018. Between 2017 and 2019, molasses' exports decreased by -17.45% netting the country US$15.45m for the year 2019. United Kingdom (UK)'s molasses exports are classified as:
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
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United Kingdom (UK) molasses export values
In 2019, United Kingdom (UK) shipped molasses valued at 15.45m USD, a decrease of -12.03% from 2018's total molasses export of 17.563m USD. The annual reduction in value of United Kingdom (UK) molasses between 2017 to 2018 was 9.026 percent.
The yearly variation in the volume of United Kingdom (UK)'s molasses exports between 2017 and 2019 was -17.45 pc when compared to a variation of -21.54% in the growth rate between 2018 and 2019.
Export markets for United Kingdom (UK) molasses ( in '000$ )
United Kingdom (UK)'s best performing export markets for molasses are Ireland, the Netherlands, Germany, Slovakia and Italy.
United Kingdom (UK) procured 539,323 tonnes of molasses in 2019.