The price of molasses in Portugal demonstrated a fluctuating trend from 2011 to 2021. Year-on-year price variations were minimal, with the price peaking in 2021 at 0.28 Euros per kilogram. From 2019 to 2021, noticeable increases were observed, reflecting a 16.67% increase from 2020 to 2021. The compound annual growth rate (CAGR) over the last 5 years showed a moderate upward trajectory, averaging around 3.96% per year. As of 2023, the price stood at a slightly higher level as economic recovery post-pandemic and demand factors led to a degree of price stabilization.

Future trends to watch for include:

The impact of global trade policies and tariffs on molasses prices.
Potential volatility from geopolitical tensions affecting supply chains.
Sustainability and environmental considerations driving shifts in production practices.