What is the price of chocolate per kilogram/pound in Jamaica today?
The retail price range for Jamaica chocolate is between US$ 0.83 and US$ 3.19 per kilogram or between US$ 0.38 and US$ 1.45 per pound(lb). Click here to see today's exact prices of chocolate in Jamaica
The retail price range in Jamaican Dollar for chocolate is between JMD 129.86 and JMD 496.78 per kilogram or between JMD 58.89 and JMD 225.30 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica chocolate is between US$ 0.58 and US$ 2.23 per kilogram or between US$ 0.26 and US$ 1.01 per pound(lb).
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Jamaica Chocolate Export Prices - Historical, Trends and Prediction
The export price of Chocolate from Jamaica over the last five years has been quite varied. In 2017, the price per kilogram was 7.06 US dollars, followed by a sharp decrease to 5.00 US dollars in 2018. In 2019, the price rose slightly to 5.21 US dollars, before increasing to 9.00 US dollars in 2020. The price then dropped again to 7.56 US dollars in 2021. Based on this data, it is likely that the export price of Chocolate from Jamaica will remain relatively stable in the next two years, with an estimated price of 7.56 US dollars in 2023 and 2024.The exports of chocolate from Jamaica are classified as:
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
Jamaica Chocolate Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chocolate into Jamaica over the last five years has been quite varied. In 2017, the price was 7.06 US dollars per kg, followed by a significant drop to 5.00 US dollars per kg in 2018. This was followed by a slight increase to 5.21 US dollars per kg in 2019. In 2020, the price rose sharply to 9.00 US dollars per kg, before dropping back to 7.56 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Chocolate into Jamaica will remain relatively stable in the next two years. We predict that the price will be 7.50 US dollars per kg in 2023 and 7.60 US dollars per kg in 2024.Export values for Jamaica chocolate
The total values in export for chocolate in Jamaica were US$ 97, US$ 240, US$ 45 and US$ 98 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 & Black Tea.
See prices of chocolate in other countries across Caribbean: Aruba chocolate, Bahamas chocolate, Barbados chocolate, Cuba chocolate, Dominican Republic chocolate, Grenada chocolate, Guadeloupe chocolate, Haiti chocolate, Jamaica chocolate & Martinique chocolate.
Jamaica chocolate - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica sold 20 tonnes of chocolate. For 2019 alone, the demand for Jamaica chocolate (processed category) has increased, recording a change of 122.222 % compared to the year 2018. Between 2017 and 2019, chocolate's exports reduced by -41.18% bringing the exporter US$0.10m for the year 2019. Jamaica's chocolate exports are classified as:
- Chocolate and other preparations containing cocoa, in containers or immediate packings of <= 2 kg (excluding in blocks, slabs or bars and cocoa powder) (HS code 180690)
- Chocolate and other food preparations containing cocoa, in blocks, slabs or bars weighing > 2 kg or in liquid, paste, powder, granular or other bulk form, in containers or immediate packings of a content > 2 kg (excluding cocoa powder) (HS code 180620)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg (excluding filled) (HS code 180632)
- Chocolate and other preparations containing cocoa, in blocks, slabs or bars of <= 2 kg, filled (HS code 180631)
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Jamaica chocolate export values
In 2019, Jamaica exported chocolate valued at 0.10m USD, an increase of 122.22% from 2018's total chocolate export of 0.045m USD. The yearly growth in value of Jamaica chocolate between 2017 to 2018 was -81.25 per cent.
The annual variation in the amount of Jamaica's chocolate exports between 2017 and 2019 was -41.18 pc in comparison to a variation of 122.222% in the period between 2018 and 2019.
Export markets for Jamaica chocolate ( in '000$ )
Jamaica's leading destinations for chocolate are Trinidad and Tobago, Barbados, Saint Vincent and the Grenadines, Saint Lucia and US.
Jamaica ordered 2,053 tonnes of chocolate in 2019.