What is the price of beef per kilogram/pound in Jamaica today?
The retail price range for Jamaica beef is between US$ 2.49 and US$ 4.30 per kilogram or between US$ 1.13 and US$ 1.95 per pound(lb). Click here to see today's exact prices of beef in Jamaica
The retail price range in Jamaican Dollar for beef is between JMD 387.21 and JMD 670.16 per kilogram or between JMD 175.60 and JMD 303.93 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica beef is between US$ 1.74 and US$ 3.01 per kilogram or between US$ 0.79 and US$ 1.37 per pound(lb).
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Jamaica Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Jamaica over the last five years has seen a significant decrease. In 2013, the price was 4.75 US dollars per kg, but by 2015 it had dropped to 1.12 US dollars per kg. This trend continued in 2016 and 2017, with the price reaching 0.77 US dollars per kg and 4.00 US dollars per kg respectively. In 2018 and 2019, the price increased to 4.00 US dollars per kg and 5.33 US dollars per kg respectively. In 2020, the price rose to 7.70 US dollars per kg, and in 2021 it decreased slightly to 6.50 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Beef from Jamaica in 2023 will be 6.00 US dollars per kg, and in 2024 it will be 5.50 US dollars per kg.The Jamaica beef exports are categorised as:
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen edible bovine tongues (HS code 020621)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen edible bovine livers (HS code 020622)
Jamaica Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Jamaica over the last five years has seen a significant fluctuation. In 2013, the price was 4.75 US dollars per kg, which dropped to 1.12 US dollars per kg in 2015. This was followed by a further decrease to 0.77 US dollars per kg in 2016. In 2017, the price rose to 4.00 US dollars per kg, and remained at the same level in 2018. In 2019, the price increased to 5.33 US dollars per kg, and further rose to 7.70 US dollars per kg in 2020. The price then dropped to 6.50 US dollars per kg in 2021. Based on the data, it is predicted that the import price per kilogram of Beef into Jamaica in 2023 will be 6.50 US dollars per kg, and in 2024 it will be 7.70 US dollars per kg.Export values for Jamaica beef
The total values in export for beef in Jamaica were US$ 20, US$ 8, US$ 100 and US$ 15 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Jamaica: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Caribbean: Aruba beef, Bahamas beef, Barbados beef, Cuba beef, Dominican Republic beef, Grenada beef, Guadeloupe beef, Haiti beef, Jamaica beef & Martinique beef.
Jamaica beef - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica sold 3 tonnes of beef. For 2019 alone, the demand for Jamaica beef (meat category) has reduced, changing by -88 % compared to the year 2018. Between 2017 and 2019, beef's exports went up by 50 percent netting Jamaica US$0.02m for the year 2019. Jamaica's beef exports are categorised as:
- Frozen edible bovine livers (HS code 020622)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen edible bovine tongues (HS code 020621)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
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Jamaica beef export values
In 2019, Jamaica sold beef with a value of 0.02m USD, a decrease of -80.00% from 2018's total beef export of 0.1m USD. The yearly change in value of Jamaica beef between 2017 to 2018 was 1150 pc.
The annual variation in the amount of Jamaica's beef exports between 2017 and 2019 was 50 percent when compared to a variation of -88% in the growth rate between 2018 and 2019.
Jamaica's share of the world's total beef's exports in 2019 was less than 1%. Jamaica holds position 47 in world exports of beef.
Export markets for Jamaica beef ( in '000$ )
Jamaica's best performing export markets for beef are Mongolia, Saint Lucia, the Netherlands, France and New Zealand.
Jamaica brought in 9,898 tonnes of beef in 2019.