Export market prices for Jamaica molasses

Prices for Jamaica molasses have changed over time. Prior to 2019, a kg of molasses was going for US$1.09 in 2017 and US$2.33 in 2018. In 2019 the export price changed to $1.25 per kilo, by -46.429%.

Some of the best performing markets in 2019 for Jamaica molasses per kilogram were fetched from exports to United Kingdom (UK), US, Belgium and the Netherlands. The Jamaica molasses exports are classified as:

  • Cane molasses resulting from the extraction or refining of sugar (HS code 170310)
  • Beet molasses resulting from the extraction or refining of sugar (HS code 170390)

Export values for Jamaica molasses

The total values in export for molasses in Jamaica were US$ 3, US$ 12, US$ 14 and US$ 14 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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The prices of molasses in Jamaica per tonne for the years 2016, 2017, 2018 and 2019 were US$ 3,000.00, US$ 1,090.91, US$ 2,333.33 and US$ 1,750.00 respectively.

The total values in export for molasses in Jamaica were US$ 3, US$ 12, US$ 14 and US$ 14 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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Jamaica molasses wholesale price

In 2021, the approximate price range for Jamaica Molasses is between US$ 1.75 and US$ 2.33 per kilogram or between US$ 0.79 and US$ 1.06 per pound(lb).

The price in Jamaican Dollar is JMD 267.18 per kg. The average price for a tonne is US$ 1750 in Montego Bay and Kingston.

Jamaica's import price for molasses in 2019 was US$0.17 per kilo.