What is the price of rice per kilogram/pound in Barbados today?
The retail price range for Barbados rice is between US$ 3.88 and US$ 7.76 per kilogram or between US$ 1.76 and US$ 3.52 per pound(lb). Click here to see today's exact prices of rice in Barbados
The retail price range in Barbados Dollar for rice is between BBD 7.76 and BBD 15.52 per kilogram or between BBD 3.52 and BBD 7.04 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados rice is between US$ 2.72 and US$ 5.43 per kilogram or between US$ 1.23 and US$ 2.46 per pound(lb).
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Barbados Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from Barbados over the last five years has seen a steady decline. In 2012, the price was 1.19 US dollars per kg, and by 2021, it had dropped to 0.76 US dollars per kg. The lowest price was recorded in 2016, at 0.71 US dollars per kg. The price has been relatively stable since then, with the latest price in 2022 being 0.93 US dollars per kg. Based on this trend, it is likely that the export price per kilogram of Rice from Barbados in 2023 and 2024 will be around 0.80 US dollars per kg.The exports of rice from Barbados are classified as:
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Husked or brown rice (HS code 100620)
- Rice in the husk, "paddy" or rough (HS code 100610)
Barbados Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into Barbados over the last five years has been relatively stable. In 2017, the price was $0.75, followed by $0.75 in 2018 and $0.80 in 2019. In 2020, the price dropped to $0.78 and then increased slightly to $0.76 in 2021. The most recent data shows that the price of Rice in 2022 was $0.93. Based on this trend, it is likely that the import price per kilogram of Rice into Barbados in 2023 will be around $0.95 and in 2024 will be around $0.97.Export values for Barbados rice
The total values in export for rice in Barbados were US$ 5, US$ 9, US$ 9 and US$ 36 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Barbados: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Caribbean: Aruba rice, Bahamas rice, Barbados rice, Cuba rice, Dominican Republic rice, Grenada rice, Guadeloupe rice, Haiti rice, Jamaica rice & Martinique rice.
Barbados rice - Production, Exports, Imports, Seasons and HS Codes
The volume of rice exported by Barbados in 2020 was 18 metric tons. In 2019 Barbados shipped 45 tonnes of rice. Across 2019 alone, the interest in Barbados rice (cereals/grains category) has improved, recording a change of 275 per cent compared to the year 2018. Between 2017 and 2019, rice's exports grew by 275 percent bringing Barbados US$0.04m for the year 2019. Barbados' rice exports are classified as:
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Husked or brown rice (HS code 100620)
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Barbados rice export values
In 2019, Barbados shipped rice costing 0.04m USD, a surge of 344.44% from 2018's total rice export of 0.009m USD. The annual change in value of Barbados rice between 2017 to 2018 was 0 percent.
The yearly variation in the amount of Barbados' rice exports between 2017 and 2019 was 275% compared to a variation of 275% in the period between 2018 and 2019.
Barbados' share of the world's total rice's exports in 2019 was less than 1%. The country is ranked position 27 in world exports of rice.
Export markets for Barbados rice ( in '000$ )
Barbados' top export markets for rice are Grenada, US, Guyana, Saint Lucia and Jamaica.
Import/Export Trends
Barbados is a net importer of rice. The annual growth of Barbados rice in value between 2015 to 2019 was 52%, per year, while annual growth in quantity during the same period was %, per annum.
Barbados brought in 4,736 tonnes of rice in 2019.