What is the price of molasses per kilogram/pound in US today?
The retail price range for US molasses is between US$ 0.96 and US$ 1.93 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 US
The retail price range in Euro for molasses is between EUR 0.88 and EUR 1.77 per kilogram or between EUR 0.40 and EUR 0.80 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US 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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US Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from the US over the last five years has been relatively stable. In 2017, the price was 0.20 US $ per kg, and in 2018 it increased to 0.55 US $ per kg. In 2019, the price dropped to 0.40 US $ per kg, and in 2020 it increased slightly to 0.42 US $ per kg. In 2021, the price rose to 0.78 US $ per kg, and in 2022 it decreased to 0.72 US $ per kg. Based on this data, it is likely that the export price per kilogram of Molasses from the US in 2023 will be around 0.70 US $ per kg, and in 2024 it will be around 0.75 US $ per kg.The exports of molasses from US 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)
US Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into the US over the last five years has been relatively stable. In 2017 and 2018, the price was 0.20 US $ per kg, before increasing to 0.55 US $ per kg in 2019. The price then decreased slightly to 0.40 US $ per kg in 2020, before increasing again to 0.78 US $ per kg in 2021. The most recent data shows that the price has decreased to 0.72 US $ per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Molasses into the US will remain around 0.70 US $ per kg in 2023 and 2024.Export values for US molasses
The total values in export for molasses in US were US$ 31,444, US$ 31,374, US$ 22,286 and US$ 18,087 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across North America: Canada molasses, US molasses, Anguilla molasses, Antigua and Barbuda molasses, Bermuda molasses, Bonaire, Sint Eustatius and Saba molasses, St.Pierre and Miquelon molasses, United States Minor Outlying Islands molasses, Cayman Islands molasses & Greenland molasses.
US molasses - Production, Exports, Imports, Seasons and HS Codes
The quantity of molasses sold by US in 2020 was 73,411 tons. In 2019 US exported 63,238 tonnes of molasses. For 2019 alone, the demand for US molasses (processed category) has increased, flactuating by 4.362 per cent compared to the year 2018. Between 2017 and 2019, molasses' exports went down by -59.61 percent earning the nation US$18.09m for the year 2019. US' molasses exports are classified as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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US molasses export values
In 2019, US supplied molasses costing 18.09m USD, a drop of -18.83% from 2018's total molasses export of 22.286m USD. The yearly change in value of US molasses between 2017 to 2018 was -28.967%.
The yearly variation in the amount of US' molasses exports between 2017 and 2019 was -59.61% when compared to a variation of 4.362% in the growth rate between 2018 and 2019.
Export markets for US molasses ( in '000$ )
US' best performing export markets for molasses are United Kingdom (UK), Ireland, Canada, Mexico and Trinidad and Tobago.
US brought in 0 tonnes of molasses in 2019.