Molasses Prices in Myanmar
| Variety | Market level | Price (US$/kg) | Local (MMK) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Export (unit value) | 0.18 | 372 | ▲ 94.4% | ▲ 94.4% | UN Comtrade (unit value) |
As of January 2024, the molasses price in Myanmar is US$ 0.18 per kg (372 MMK), up 94.4% year-on-year.
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Molasses Price History & Trend
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Production, Exports, Imports & HS Codes — molasses in Myanmar
Exports UN Comtrade · 2024
In 2024, Myanmar exported $6.1M (34.7 kt) of molasses▲ 526.6% YoY. That ranks #19 worldwide (1% of global exports).
Export value by year (US$)
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 $38M · 6.5%
Annual export data Myanmar · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $6.1M | 34.7 kt | $0.18 |
| 2023 | $969.1K | 10.8 kt | $0.09 |
| 2022 | $4.2M | 34.4 kt | $0.12 |
| 2021 | $3.9M | 30.1 kt | $0.13 |
| 2020 | $6.2M | 75.4 kt | $0.08 |
Production FAOSTAT · 2023
Myanmar produced 110.7 kt of molasses in 2023▲ 3.7% YoY. It ranks #46 among producing countries (0.1% 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.