What is the price of beans per kilogram/pound in Barbados today?
The retail price range for Barbados beans is between US$ 5.08 and US$ 11.23 per kilogram or between US$ 2.30 and US$ 5.09 per pound(lb). Click here to see today's exact prices of beans in Barbados
The retail price range in Barbados Dollar for beans is between BBD 10.16 and BBD 22.47 per kilogram or between BBD 4.61 and BBD 10.19 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados beans is between US$ 3.56 and US$ 7.86 per kilogram or between US$ 1.61 and US$ 3.57 per pound(lb).
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Barbados Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Barbados over the last five years has been relatively stable. In 2017, the price was 1.22 US$ per kg, followed by 1.12 US$ per kg in 2018. In 2019, the price increased to 1.5 US$ per kg, before dropping to 1.21 US$ per kg in 2020. The price then rose again to 1.38 US$ per kg in 2021 and 1.57 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Beans from Barbados in 2023 will be 1.76 US$ per kg and 1.95 US$ per kg in 2024.Barbados Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Barbados over the last five years has been relatively stable. In 2017, the price was $1.22, followed by $1.12 in 2018, $1.50 in 2019, $1.21 in 2020, and $1.38 in 2021. The average price for the five-year period was $1.33. The highest price was in 2019 at $1.50, while the lowest price was in 2018 at $1.12. Based on the data, it is predicted that the import price per kilogram of Beans into Barbados in 2023 will be $1.57 and in 2024 will be $1.76.Export values for Barbados beans
The total values in export for beans in Barbados were US$ 50, US$ 11, US$ 9 and US$ 9 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Pulses/Legumes category in Barbados: Peas, Chickpeas, Red (Adzuki) Beans, Kidney Beans, Bambara beans, Cow Peas (Black Eyed Peas), Lentils, Pigeon Peas, Locust Beans & Black beans.
See prices of beans in other countries across Caribbean: Aruba beans, Bahamas beans, Barbados beans, Cuba beans, Dominican Republic beans, Grenada beans, Guadeloupe beans, Haiti beans, Jamaica beans & Martinique beans.
Barbados beans - Production, Exports, Imports, Seasons and HS Codes
The amount of beans exported by Barbados in 2020 was 19 metric tonnes. In 2019 Barbados sold 6 tonnes of beans. In 2019 alone, the demand for Barbados beans (pulses/legumes category) has reduced, recording a change of -25 pc compared to the year 2018. Between 2017 and 2019, beans' exports decreased by -33.33 percent earning Barbados US$0.01m for the year 2019. Barbados' beans exports are classified as:
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
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Barbados beans export values
In 2019, Barbados sold beans valued at 0.01m USD, an increment of 11.11% from 2018's total beans export of 0.009m USD. The yearly increase in value of Barbados beans between 2017 to 2018 was -18.182 per cent.
The per year change in the volume of Barbados' beans exports between 2017 and 2019 was -33.33 per cent in comparison to a variation of -25% in the period between 2018 and 2019.
Export markets for Barbados beans ( in '000$ )
Barbados ordered 522 tonnes of beans in 2019.
Production
The production of beans in Barbados was 609 tonnes in 2019 and is estimated to change by an average of -5.43%. The country had an estimated 105.00 hectares under beans cultivation.