Molasses Prices in Thailand
| Variety | Market level | Price (US$/kg) | Local (THB) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 0.17 | 5.99 | ▲ 18.0% | ▲ 18.0% | UN Comtrade (unit value) |
As of June 2026, the molasses price in Thailand available is US$ 0.17 per kg (5.99 THB), up 18.0% year-on-year.
Thailand is a net exporter of molasses, ranking #8 among 79 global exporters in 2024 with exports totaling US$27.7 million and 158,842 tonnes, accounting for 4.7% of global exports and showing a 23.2% year-on-year increase. The country produced 4,090,583 tonnes in 2023, ranking #6 worldwide and contributing 5.2% to global output with a 1.1% annual growth. The latest export price is US$0.1745 per kg.
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Molasses Price History & Trend
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Production, Exports, Imports & HS Codes - molasses in Thailand
Thailand is a net exporter of molasses, ranking #8 among 79 global exporters in 2024 with exports totaling US$27.7 million and 158,842 tonnes, accounting for 4.7% of global exports and showing a 23.2% year-on-year increase. The country produced 4,090,583 tonnes in 2023, ranking #6 worldwide and contributing 5.2% to global output with a 1.1% annual growth. The latest export price is US$0.1745 per kg.
Exports UN Comtrade · 2024
In 2024, Thailand exported $27.7M (158.8 kt) of molasses▲ 23.2% YoY. That ranks #8 worldwide (4.7% of global exports).
Export value by year (US$)
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 $38M · 6.5%
Annual export data Thailand · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $27.7M | 158.8 kt | $0.17 |
| 2023 | $22.5M | 152.2 kt | $0.15 |
| 2022 | $24.5M | 156.2 kt | $0.16 |
| 2021 | $19.2M | 134.7 kt | $0.14 |
| 2020 | $60.5M | 395.7 kt | $0.15 |
Production FAOSTAT · 2023
Thailand produced 4.09 Mt of molasses in 2023▲ 1.1% YoY. It ranks #6 among producing countries (5.2% 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.