What is the price of bananas per kilogram/pound in Jamaica today?
The retail price range for Jamaica bananas is between US$ 0.48 and US$ 1.16 per kilogram or between US$ 0.22 and US$ 0.53 per pound(lb). Click here to see today's exact prices of bananas in Jamaica
The retail price range in Jamaican Dollar for bananas is between JMD 75.23 and JMD 180.54 per kilogram or between JMD 34.12 and JMD 81.88 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica bananas is between US$ 0.34 and US$ 0.81 per kilogram or between US$ 0.15 and US$ 0.37 per pound(lb).
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Jamaica Bananas Export Prices - Historical, Trends and Prediction
The export price per kilogram of Bananas from Jamaica over the last five years has seen a steady increase. In 2017, the price was $1.05, followed by a slight dip to $0.92 in 2018. However, the price has been on the rise since then, reaching $1.11 in 2019 and $1.27 in 2021. Looking ahead, we can expect the export price of Bananas from Jamaica to remain steady or even increase in the next two years, with an estimated price of $1.30 in 2023 and $1.35 in 2024.The Jamaica bananas exports are classified as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
Jamaica Bananas Import Prices - Historical, Trends and Prediction
The import price per kilogram of Bananas into Jamaica over the last five years has been relatively stable. In 2017, the price was $1.05, followed by $0.92 in 2018, $1.11 in 2019, $1.09 in 2020 and $1.27 in 2021. This indicates a slight increase in the price of Bananas over the last five years. Based on this trend, it is predicted that the import price per kilogram of Bananas into Jamaica in 2023 will be around $1.30 and in 2024 will be around $1.35.Export values for Jamaica bananas
The total values in export for bananas in Jamaica were US$ 27, US$ 45, US$ 636 and US$ 602 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fruits category in Jamaica: Olives, Pumpkins, squash and gourds, Sweetcorn, Dates, Figs, Pineapples, Avocados, Mangoes, Oranges & Mandarin Oranges (tangerines and clementines.
See prices of bananas in other countries across Caribbean: Aruba bananas, Bahamas bananas, Barbados bananas, Cuba bananas, Dominican Republic bananas, Grenada bananas, Guadeloupe bananas, Haiti bananas, Jamaica bananas & Martinique bananas.
Jamaica bananas - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica shipped 544 tonnes of bananas. For 2019 alone, the market for Jamaica bananas (fruits category) has shrunk, recording a change of -21.045 per cent compared to the year 2018. Between 2017 and 2019, bananas' exports went up by 1165.12% bringing the nation US$0.60m for the year 2019. Jamaica's bananas exports are categorised as:
- Bananas, incl. plantains, fresh or dried (HS code 080300)
- Fresh or dried bananas (excluding plantains) (HS code 080390)
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Jamaica bananas export values
In 2019, Jamaica sold bananas costing 0.60m USD, a contraction of -5.66% from 2018's total bananas export of 0.636m USD. The yearly reduction in value of Jamaica bananas between 2017 to 2018 was 1313.333%.
The per year change in the amount of Jamaica's bananas exports between 2017 and 2019 was 1165.12 per cent when compared to a variation of -21.045% in the growth rate between 2018 and 2019.
Export markets for Jamaica bananas ( in '000$ )
Jamaica's top export markets for bananas are Canada, US, United Kingdom (UK) and Panama.
Jamaica brought in 0 tonnes of bananas in 2019.
Production
The production of bananas in Jamaica was 127,306 tonnes in 2019 and is estimated to change by an average of -4.11%. The country had an estimated 17,122.00 hectares under bananas cultivation.