In 2019 Indonesia sold 643,418 tonnes of molasses. Through 2019 alone, the demand for Indonesia molasses (processed category) has escalated, recording a change of 26.067 per cent compared to the year 2018. Between 2017 and 2019, molasses' exports went up by 50.73% earning Indonesia US$84.17m for the year 2019. Indonesia's molasses exports are categorised as:
- Beet molasses resulting from the extraction or refining of sugar (HS code 170390)
- Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
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Indonesia molase export values
In 2019, Indonesia sold molasses valued at 84.17m USD, an improvement of 56.46% from 2018's total molasses export of 53.797m USD. The annual increase in value of Indonesia molasses between 2017 to 2018 was 5.561 pc.
The yearly change in the volume of Indonesia's molasses exports between 2017 and 2019 was 50.73 pc when compared to a variation of 26.067% in the growth rate between 2018 and 2019.
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Export markets for Indonesia molase ( in '000$ )
Indonesia's leading destinations for molasses are the Philippines, South Korea, Japan, Vietnam and Somalia.
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Indonesia imported 95,173 tonnes of molasses in 2019.
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