What is the price of molasses per kilogram/pound in South Korea today?
The retail price range for South Korea molasses is between US$ 0.93 and US$ 1.17 per kilogram or between US$ 0.42 and US$ 0.53 per pound(lb). Click here to see today's exact prices of molasses in South Korea
The retail price range in South Korean won for molasses is between KRW 1,234.91 and KRW 1,563.34 per kilogram or between KRW 560.05 and KRW 709.00 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea molasses is between US$ 0.65 and US$ 0.82 per kilogram or between US$ 0.29 and US$ 0.37 per pound(lb).
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South Korea Molasses Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molasses from South Korea over the last five years has seen a dramatic increase. In 2016, the price was 4.63 US dollars per kg, and by 2021, it had risen to 133.00 US dollars per kg. This represents an increase of 28.3 times in just five years. In 2020, the price was 82.00 US dollars per kg, and in 2021, it increased to 133.00 US dollars per kg, representing an increase of 62.2%. It is likely that the price of Molasses will continue to increase in the coming years. Based on the current trend, it is predicted that the price of Molasses in 2023 will be around 166.00 US dollars per kg and in 2024 it will be around 199.00 US dollars per kg.South Korea Molasses Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molasses into South Korea over the last five years has seen a significant increase. In 2016, the price was 4.63 US dollars per kg, and this increased to 8.25 US dollars per kg in 2017. This was followed by a sharp rise in 2018, when the price jumped to 39.50 US dollars per kg. In 2020, the price further increased to 82.00 US dollars per kg, and in 2021, it reached a peak of 133.00 US dollars per kg. The most recent data shows that the price has dropped to 99.00 US dollars per kg in 2022. Based on the data, it is likely that the import price per kilogram of Molasses into South Korea will remain relatively stable in the next two years. We predict that the price will be around 105.00 US dollars per kg in 2023 and 110.00 US dollars per kg in 2024.Export values for South Korea molasses
Prices of other produce in the Processed category in South Korea: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of molasses in other countries across Asia: Kazakhstan molasses, Kyrgyzstan molasses, Tajikistan molasses, Turkmenistan molasses, Uzbekistan molasses, China molasses, Hong Kong molasses, Macao molasses, North Korea molasses & Mongolia molasses.
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