Molasses Prices in US
| Variety | Market level | Price (US$/kg) | Price (US$/lb) | Local (USD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|---|
| — | Export (unit value) | 0.85 | 0.39 | — | ▲ 1.5% | ▲ 1.5% | UN Comtrade (unit value) |
As of January 2024, the molasses price in US is US$ 0.85 per kg (US$ 0.39 / lb), up 1.5% year-on-year.
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Molasses Price History & Trend
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes — molasses in US
Exports UN Comtrade · 2024
In 2024, US exported $33.7M (39.4 kt) of molasses▲ 255.6% YoY. That ranks #6 worldwide (5.8% of global exports).
Export value by year (US$)
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 $38M · 6.5%
Annual export data US · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $33.7M | 39.4 kt | $0.85 |
| 2023 | $9.5M | 11.2 kt | $0.84 |
| 2022 | $20.2M | 34.9 kt | $0.58 |
| 2021 | $12.4M | 17.5 kt | $0.71 |
| 2020 | $20.7M | 62.4 kt | $0.33 |
Production FAOSTAT · 2023
US produced 4.38 Mt of molasses in 2023▼ 1% YoY. It ranks #5 among producing countries (5.6% 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.