What is the price of beans per kilogram/pound in Jamaica today?
The retail price range for Jamaica beans is between US$ 19.62 and US$ 43.73 per kilogram or between US$ 8.90 and US$ 19.83 per pound(lb). Click here to see today's exact prices of beans in Jamaica
The retail price range in Jamaican Dollar for beans is between JMD 3,055.60 and JMD 6,812.27 per kilogram or between JMD 1,385.76 and JMD 3,089.47 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica beans is between US$ 13.73 and US$ 30.61 per kilogram or between US$ 6.23 and US$ 13.88 per pound(lb).
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Jamaica Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beans from Jamaica over the last five years has been relatively stable. In 2017, the price was 2.24 US dollars per kilogram, followed by 2.09 US dollars per kilogram in 2018. In 2019, the price increased to 2.27 US dollars per kilogram, before dropping to 2.11 US dollars per kilogram in 2020. The price then increased again to 2.22 US dollars per kilogram in 2021. Based on this trend, it is predicted that the export price per kilogram of Beans from Jamaica in 2023 will be around 2.25 US dollars and in 2024 will be around 2.28 US dollars.The beans exports from Jamaica are categorised as:
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- 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)
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- 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)
Jamaica Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beans into Jamaica over the last five years has been relatively stable. In 2016, the price was $1.80, followed by $1.96 in 2015, $2.05 in 2014, $2.13 in 2013, and $1.88 in 2012. In 2017, the price increased to $2.24, and then decreased to $2.09 in 2018. In 2019, the price rose again to $2.27, before dropping to $2.11 in 2020. The price then increased to $2.22 in 2021. Based on this trend, it is predicted that the import price per kilogram of Beans into Jamaica in 2023 will be $2.25 and in 2024 will be $2.28.Export values for Jamaica beans
The total values in export for beans in Jamaica were US$ 4,032, US$ 4,864, US$ 5,088 and US$ 4,480 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 Jamaica: 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.
Jamaica beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica exported 1,984 tonnes of beans. Through 2019 alone, the interest in Jamaica beans (pulses/legumes category) has shrunk, with a change of -18.421 % compared to the year 2018. Between 2017 and 2019, beans' exports decreased by -8.82% earning the country US$4.48m for the year 2019. Jamaica's beans exports are classified as:
- Unshelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200559)
- Dried, shelled beans "Vigna and Phaseolus", whether or not skinned or split (excluding beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", small red "Adzuki" beans, kidney beans, Bambara beans and cow peas) (HS code 071339)
- Shelled or unshelled beans "Vigna spp., Phaseolus spp.", uncooked or cooked by steaming or by boiling in water, frozen (HS code 071022)
- Shelled beans "Vigna spp., Phaseolus spp.", prepared or preserved otherwise than by vinegar or acetic acid (excluding frozen) (HS code 200551)
- Dried, shelled beans of species "Vigna mungo [L.] Hepper or Vigna radiata [L.] Wilczek", whether or not skinned or split (HS code 071331)
- Fresh or chilled beans "Vigna spp., Phaseolus spp.", shelled or unshelled (HS code 070820)
- Dried, shelled broad beans "Vicia faba var. major" and horse beans "Vicia faba var. equina and Vicia faba var. minor", whether or not skinned or split (HS code 071350)
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Jamaica beans export values
In 2019, Jamaica exported beans with a value of 4.48m USD, a drop of -11.95% from 2018's total beans export of 5.088m USD. The annual change in value of Jamaica beans between 2017 to 2018 was 4.605 per cent.
The annual/yearly variation in the amount of Jamaica's beans exports between 2017 and 2019 was -8.82 pc when compared to a variation of -18.421% in the growth rate between 2018 and 2019.
Export markets for Jamaica beans ( in '000$ )
Jamaica's top export markets for beans are Haiti, US and Canada.
Jamaica procured 93,024 tonnes of beans in 2019.
Production
The production of beans in Jamaica was 38,976 tonnes in 2019 and is estimated to change by an average of -11.45%. The country had approximately 36,736.00 hectares under beans cultivation.