What is the price of black tea per kilogram/pound in Jamaica today?
The retail price range for Jamaica black tea is between US$ 8.81 and US$ 34.27 per kilogram or between US$ 3.99 and US$ 15.54 per pound(lb). Click here to see today's exact prices of black tea in Jamaica
The retail price range in Jamaican Dollar for black tea is between JMD 1,371.61 and JMD 5,338.43 per kilogram or between JMD 622.04 and JMD 2,421.06 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica black tea is between US$ 6.16 and US$ 23.99 per kilogram or between US$ 2.80 and US$ 10.88 per pound(lb).
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Jamaica Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Jamaica over the last five years has seen a steady increase. In 2017, the price was $15.80, followed by a slight dip to $10.82 in 2018. However, the price has been on the rise since then, reaching $11.14 in 2019 and $11.34 in 2020. The latest data shows that the export price per kilogram of Black Tea from Jamaica is $10.75 in 2021. Based on the current trend, it is predicted that the export price per kilogram of Black Tea from Jamaica will be $11.02 in 2023 and $11.30 in 2024.The exports of black tea from Jamaica are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
Jamaica Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Jamaica over the last five years has been quite volatile. In 2016, the price was at its highest at 12.62 US dollars per kg. This was followed by a sharp increase in 2017 to 15.80 US dollars per kg. However, the price dropped significantly in 2018 to 10.82 US dollars per kg. In 2019, the price rose slightly to 11.14 US dollars per kg and then again in 2020 to 11.34 US dollars per kg. The most recent data shows that the price has dropped to 10.75 US dollars per kg in 2021. Based on the data, it is likely that the price of Black Tea imported into Jamaica will remain relatively stable in the next two years. We predict that the price will be around 10.75 US dollars per kg in 2023 and 2024.Export values for Jamaica black tea
The total values in export for black tea in Jamaica were US$ 2,107, US$ 3,933, US$ 3,073 and US$ 2,821 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Jamaica: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Caribbean: Aruba black tea, Bahamas black tea, Barbados black tea, Cuba black tea, Dominican Republic black tea, Grenada black tea, Guadeloupe black tea, Haiti black tea, Jamaica black tea & Martinique black tea.
Jamaica black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica shipped 253 tonnes of black tea. For the year 2019 alone, the interest in Jamaica black tea (processed category) has shrunk, flactuating by -10.915 percent compared to the year 2018. Between 2017 and 2019, black tea's exports went up by 1.61 pc netting Jamaica US$2.82m for the year 2019. Jamaica's black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Jamaica black tea export values
In 2019, Jamaica exported black tea valued at 2.82m USD, a decrease of -8.23% from 2018's total black tea export of 3.073m USD. The annual change in value of Jamaica black tea between 2017 to 2018 was -21.866%.
The yearly variation in the amount of Jamaica's black tea exports between 2017 and 2019 was 1.61 pc compared to a variation of -10.915% in the period between 2018 and 2019.
Export markets for Jamaica black tea ( in '000$ )
Jamaica's top destinations for black tea are US, Barbados, Trinidad and Tobago, Canada and Saint Lucia.
Jamaica brought in 43 tonnes of black tea in 2019.