What is the price of wine per kilogram/pound in Barbados today?
The retail price range for Barbados wine is between US$ 20.15 and US$ 46.05 per kilogram or between US$ 9.14 and US$ 20.88 per pound(lb). Click here to see today's exact prices of wine in Barbados
The retail price range in Barbados Dollar for wine is between BBD 40.29 and BBD 92.10 per kilogram or between BBD 18.27 and BBD 41.77 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados wine is between US$ 14.10 and US$ 32.24 per kilogram or between US$ 6.40 and US$ 14.62 per pound(lb).
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Barbados Wine Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wine from Barbados over the last five years has been quite varied. In 2012, the price was 3.57 US dollars per kg, which dropped to 3.37 US dollars per kg in 2013. The price then decreased further to 1.76 US dollars per kg in 2014, before increasing to 2.82 US dollars per kg in 2015 and 2.87 US dollars per kg in 2016. In 2017, the price rose to 4.38 US dollars per kg, and then to 4.57 US dollars per kg in 2018. However, in 2019, the price skyrocketed to 22.84 US dollars per kg, before dropping back to 1.7 US dollars per kg in 2020. The price then increased to 4.74 US dollars per kg in 2021 and 4.66 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Wine from Barbados in 2023 will be around 4.90 US dollars per kg, and in 2024 will be around 4.80 US dollars per kg.The Barbados wine exports are classified as:
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Sparkling wine of fresh grapes (HS code 220410)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
Barbados Wine Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wine into Barbados over the last five years has been quite volatile. In 2016, the price was 2.87 US$ per kg, which increased to 4.38 US$ per kg in 2017. However, in 2018, the price dropped to 4.57 US$ per kg. In 2019, the price skyrocketed to 22.84 US$ per kg, before dropping back to 1.70 US$ per kg in 2020. The price then increased to 4.74 US$ per kg in 2021 and 4.66 US$ per kg in 2022. Based on the data, it is likely that the import price per kilogram of Wine into Barbados will remain relatively stable in the next two years. We predict that the price will be around 4.70 US$ per kg in 2023 and 4.65 US$ per kg in 2024.Export values for Barbados wine
The total values in export for wine in Barbados were US$ 281, US$ 854, US$ 681 and US$ 1,576 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 wine in other countries across Caribbean: Aruba wine, Bahamas wine, Barbados wine, Cuba wine, Dominican Republic wine, Grenada wine, Guadeloupe wine, Haiti wine, Jamaica wine & Martinique wine.
Barbados wine - Production, Exports, Imports, Seasons and HS Codes
The quantity of wine shipped by Barbados in 2020 was 40 tonnes. In 2019 Barbados exported 69 tonnes of wine. Through 2019 alone, the demand for Barbados wine (processed category) has shrunk, recording a change of -53.691 pc compared to the year 2018. Between 2017 and 2019, wine's exports went down by -64.62% earning the nation US$1.58m for the year 2019. Barbados' wine exports are categorised as:
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l but <= 10 l (excl. sparkling wine) (HS code 220422)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of <= 2 l (HS code 220510)
- Grape must, of an actual alcoholic strength of > 0,5% vol (excluding grape must whose fermentation has been arrested by the addition of alcohol) (HS code 220430)
- Cider, perry, mead and other fermented beverages and mixtures of fermented beverages and non-alcoholic beverages, n.e.s. (excluding beer, wine or fresh grapes, grape must, vermouth and other wine of fresh grapes flavoured with plants or aromatic substances) (HS code 220600)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of <= 2 l (excluding sparkling wine) (HS code 220421)
- Sparkling wine of fresh grapes (HS code 220410)
- Wine of fresh grapes, incl. fortified wines, and grape must whose fermentation has been arrested by the addition of alcohol, in containers of > 2 l (excluding sparkling wine) (HS code 220429)
- Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers of > 2 l (HS code 220590)
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Barbados wine export values
In 2019, Barbados exported wine costing 1.58m USD, an increment of 132.01% from 2018's total wine export of 0.681m USD. The yearly increase in value of Barbados wine between 2017 to 2018 was -20.258%.
The per year variation in the quantity of Barbados' wine exports between 2017 and 2019 was -64.62 percent when compared to a variation of -53.691% in the growth rate between 2018 and 2019.
Export markets for Barbados wine ( in '000$ )
Barbados' leading export markets for wine are Saint Vincent and the Grenadines, Grenada, Jamaica, US and Trinidad and Tobago.
Barbados imported 3,257 tonnes of wine in 2019.