Molasses Prices in Australia
| Variety | Market level | Price (US$/kg) | Local (AUD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 0.16 | 0.24 | ▼ 5.5% | ▼ 5.5% | UN Comtrade (unit value) |
As of June 2026, the molasses price in Australia available is US$ 0.16 per kg (0.24 AUD), down 5.5% year-on-year.
Australia is a significant exporter of molasses, ranking 3rd among 79 exporters in 2024 with exports totaling US$50.1 million (296,321 tonnes), accounting for 8.6% of global exports despite a 15.0% year-on-year decline. The country produced 994,719 tonnes of molasses in 2023, ranking 14th globally and representing 1.3% of world output. The latest export unit value is US$0.1597 per kg.
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Molasses Price History & Trend
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Production, Exports, Imports & HS Codes - molasses in Australia
Australia is a significant exporter of molasses, ranking 3rd among 79 exporters in 2024 with exports totaling US$50.1 million (296,321 tonnes), accounting for 8.6% of global exports despite a 15.0% year-on-year decline. The country produced 994,719 tonnes of molasses in 2023, ranking 14th globally and representing 1.3% of world output. The latest export unit value is US$0.1597 per kg.
Exports UN Comtrade · 2024
In 2024, Australia exported $50.1M (296.3 kt) of molasses▼ 15% YoY. That ranks #3 worldwide (8.6% of global exports).
Export value by year (US$)
Export volume by year
Top molasses exporters worldwide UN Comtrade · 2024
- #1 Indonesia $91.3M · 15.6%
- #2 Guatemala $82.9M · 14.2%
- #3 Australia $50.1M · 8.6%
- #4 Pakistan $38.9M · 6.7%
- #5 Canada $38M · 6.5%
Annual export data Australia · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $50.1M | 296.3 kt | $0.17 |
| 2023 | $58.9M | 340 kt | $0.17 |
| 2022 | $67.5M | 403.5 kt | $0.17 |
| 2021 | $57M | 350 kt | $0.16 |
| 2020 | $26.9M | 203.4 kt | $0.13 |
Production FAOSTAT · 2023
Australia produced 994.7 kt of molasses in 2023▼ 1.7% YoY. It ranks #14 among producing countries (1.3% of world output).
Production by year (tonnes)
HS Code
molasses is traded under Harmonized System code 1703.10. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.