What is the price of cocoa beans per kilogram/pound in Jamaica today?
The retail price range for Jamaica cocoa beans is between US$ 4.36 and US$ 8.38 per kilogram or between US$ 1.98 and US$ 3.80 per pound(lb). Click here to see today's exact prices of cocoa beans in Jamaica
The retail price range in Jamaican Dollar for cocoa beans is between JMD 678.74 and JMD 1,305.28 per kilogram or between JMD 307.82 and JMD 591.96 per pound(lb) in Kingston and Montego Bay.
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In 2024, the approximate wholesale price range for Jamaica cocoa beans is between US$ 3.05 and US$ 5.87 per kilogram or between US$ 1.38 and US$ 2.66 per pound(lb).
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Jamaica Cocoa Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Beans from Jamaica over the last five years has been relatively stable. In 2017, the price was 4.17 US $ per kg, followed by 3.45 US $ per kg in 2018. In 2019, the price increased to 3.93 US $ per kg and further increased to 4.41 US $ per kg in 2020. The highest price was recorded in 2021, at 5.03 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Cocoa Beans from Jamaica in 2023 will be around 5.50 US $ per kg and in 2024 will be around 6.00 US $ per kg.The exports of cocoa beans from Jamaica are categorised as:
- Cocoa beans, whole or broken, raw or roasted (HS code 180100)
Jamaica Cocoa Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Beans into Jamaica over the last five years has been relatively stable. In 2017, the price was $4.17, followed by $3.45 in 2018, $3.93 in 2019, $4.41 in 2020 and $5.03 in 2021. This indicates a slight increase in the price of Cocoa Beans over the last five years. Based on this trend, it is likely that the price of Cocoa Beans in Jamaica will continue to increase in the coming years. We can predict that the price of Cocoa Beans in Jamaica in 2023 will be around $5.50 and in 2024 will be around $6.00.Export values for Jamaica cocoa beans
The total values in export for cocoa beans in Jamaica were US$ 902, US$ 430, US$ 449 and US$ 454 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 cocoa beans in other countries across Caribbean: Aruba cocoa beans, Bahamas cocoa beans, Barbados cocoa beans, Cuba cocoa beans, Dominican Republic cocoa beans, Grenada cocoa beans, Guadeloupe cocoa beans, Haiti cocoa beans, Jamaica cocoa beans & Martinique cocoa beans.
Jamaica cocoa beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica sold 116 tonnes of cocoa beans. In 2019 alone, the market for Jamaica cocoa beans (processed category) has reduced, flactuating by -10.769 per cent compared to the year 2018. Between 2017 and 2019, cocoa beans' exports went up by 12.62% netting the nation US$0.45m for the year 2019. Jamaica's cocoa beans exports are classified as:
- Cocoa beans, whole or broken, raw or roasted (HS code 180100)
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Jamaica cocoa beans export values
In 2019, Jamaica exported cocoa beans valued at 0.45m USD, an increment of 0.22% from 2018's total cocoa beans export of 0.449m USD. The annual increase in value of Jamaica cocoa beans between 2017 to 2018 was 4.419 percent.
The annual/yearly variation in the amount of Jamaica's cocoa beans exports between 2017 and 2019 was 12.62 pc compared to a variation of -10.769% in the period between 2018 and 2019.
Export markets for Jamaica cocoa beans ( in '000$ )
Jamaica's top export markets for cocoa beans are the Netherlands, France, United Kingdom (UK), US and Canada.
Jamaica purchased 0 tonnes of cocoa beans in 2019.
Production
The production of cocoa beans in Jamaica was 326 tonnes in 2019 and is estimated to change by an average of 48.18%. The country had an estimated 1,158.00 hectares under cocoa beans cultivation.