What is the price of margarine per kilogram/pound in Barbados today?
The retail price range for Barbados margarine is between US$ 4.21 and US$ 6.22 per kilogram or between US$ 1.91 and US$ 2.82 per pound(lb). Click here to see today's exact prices of margarine in Barbados
The retail price range in Barbados Dollar for margarine is between BBD 8.42 and BBD 12.44 per kilogram or between BBD 3.82 and BBD 5.64 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados margarine is between US$ 2.95 and US$ 4.35 per kilogram or between US$ 1.34 and US$ 1.97 per pound(lb).
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Barbados Margarine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Margarine from Barbados over the last five years has been relatively stable. In 2017, the price was 2.80 US$ per kg, followed by 2.76 US$ per kg in 2018 and 2019. In 2020, the price increased to 2.84 US$ per kg, and then further increased to 2.99 US$ per kg in 2021. The highest price was recorded in 2022, at 3.44 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Margarine from Barbados in 2023 will be around 3.58 US$ per kg, and in 2024 will be around 3.73 US$ per kg.The margarine exports from Barbados are classified as:
- Margarine (excluding liquid) (HS code 151710)
Barbados Margarine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Margarine into Barbados over the last five years has been relatively stable. In 2017, the price was 2.80 US$ per kg, followed by 2.76 US$ per kg in 2018 and 2019. In 2020, the price increased to 2.84 US$ per kg, and then further increased to 2.99 US$ per kg in 2021. The highest price was recorded in 2022, at 3.44 US$ per kg. Based on this trend, it is predicted that the import price per kilogram of Margarine into Barbados in 2023 will be around 3.58 US$ per kg, and in 2024 it will be around 3.72 US$ per kg.Export values for Barbados margarine
The total values in export for margarine in Barbados were US$ 8,716, US$ 9,379, US$ 9,622 and US$ 9,526 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Barbados: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of margarine in other countries across Caribbean: Aruba margarine, Bahamas margarine, Barbados margarine, Cuba margarine, Dominican Republic margarine, Grenada margarine, Guadeloupe margarine, Haiti margarine, Jamaica margarine & Martinique margarine.
Barbados margarine - Production, Exports, Imports, Seasons and HS Codes
The quantity of margarine shipped by Barbados in 2020 was 3,551 tonnes. In 2019 Barbados exported 3,455 tonnes of margarine. In 2019 alone, the interest in Barbados margarine (processed category) has shrunk, with a change of -1.003 pc compared to the year 2018. Between 2017 and 2019, margarine's exports went up by 3.29 pc netting the country US$9.53m for the year 2019. Barbados' margarine exports are classified as:
- Margarine (excluding liquid) (HS code 151710)
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Barbados margarine export values
In 2019, Barbados supplied margarine worth 9.53m USD, a contraction of -0.96% from 2018's total margarine export of 9.622m USD. The yearly change in value of Barbados margarine between 2017 to 2018 was 2.591 per cent.
The per year change in the quantity of Barbados' margarine exports between 2017 and 2019 was 3.29 pc when compared to a variation of -1.003% in the growth rate between 2018 and 2019.
Export markets for Barbados margarine ( in '000$ )
Barbados' leading export markets for margarine are Trinidad and Tobago, Saint Lucia, Guyana, Saint Vincent and the Grenadines and Jamaica.
Barbados ordered 126 tonnes of margarine in 2019.