What is the price of cocoa powder (solids) per kilogram/pound in Jamaica today?
The retail price range for Jamaica cocoa powder (solids) is between US$ 2.92 and US$ 9.76 per kilogram or between US$ 1.32 and US$ 4.42 per pound(lb). Click here to see today's exact prices of cocoa powder (solids) in Jamaica
The retail price range in Jamaican Dollar for cocoa powder (solids) is between JMD 454.83 and JMD 1,519.66 per kilogram or between JMD 206.27 and JMD 689.19 per pound(lb) in Kingston and Montego Bay.
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In 2024, the approximate wholesale price range for Jamaica cocoa powder (solids) is between US$ 2.04 and US$ 6.83 per kilogram or between US$ 0.93 and US$ 3.10 per pound(lb).
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Jamaica Cocoa Powder (solids) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cocoa Powder (Solids) from Jamaica over the last five years has seen a steady decline. In 2012, the price was 9.08 US dollars per kg, and by 2021, it had dropped to 5.33 US dollars per kg. This represents a decrease of 41.3%. The prices for the years 2017 to 2021 have been relatively stable, with the highest price being 7.6 US dollars per kg in 2017 and the lowest being 5.33 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Cocoa Powder (Solids) from Jamaica in 2023 will be around 5.00 US dollars per kg, and in 2024 it will be around 4.70 US dollars per kg.The Jamaica cocoa powder (solids) exports are categorised as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
Jamaica Cocoa Powder (solids) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cocoa Powder (Solids) into Jamaica over the last five years has seen a steady decline. In 2016, the price was 7.77 US dollars per kg, which dropped to 7.60 US dollars per kg in 2017. This downward trend continued in 2018, when the price fell to 5.85 US dollars per kg. In 2019, the price dropped further to 5.46 US dollars per kg, and in 2020, the price was 5.72 US dollars per kg. The most recent data shows that the price has decreased to 5.33 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Cocoa Powder (Solids) into Jamaica will be 5.05 US dollars per kg in 2023 and 4.78 US dollars per kg in 2024.Export values for Jamaica cocoa powder (solids)
The total values in export for cocoa powder (solids) in Jamaica were US$ 474, US$ 532, US$ 497 and US$ 535 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 powder (solids) in other countries across Caribbean: Aruba cocoa powder (solids), Bahamas cocoa powder (solids), Barbados cocoa powder (solids), Cuba cocoa powder (solids), Dominican Republic cocoa powder (solids), Grenada cocoa powder (solids), Guadeloupe cocoa powder (solids), Haiti cocoa powder (solids), Jamaica cocoa powder (solids) & Martinique cocoa powder (solids).
Jamaica cocoa powder (solids) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica shipped 98 tonnes of cocoa powder (solids). Across 2019 alone, the market for Jamaica cocoa powder (solids) (processed category) has surged, recording a change of 15.294 pc compared to the year 2018. Between 2017 and 2019, cocoa powder (solids)'s exports increased by 40 pc earning the country US$0.54m for the year 2019. Jamaica's cocoa powder (solids) exports are categorised as:
- Cocoa powder, sweetened (HS code 180610)
- Cocoa powder, not containing added sugar or other sweetening matter (HS code 180500)
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Jamaica cocoa powder (solids) export values
In 2019, Jamaica supplied cocoa powder (solids) worth 0.54m USD, a growth of 8.65% from 2018's total cocoa powder (solids) export of 0.497m USD. The annual increase in value of Jamaica cocoa powder (solids) between 2017 to 2018 was -6.579%.
The per year variation in the quantity of Jamaica's cocoa powder (solids) exports between 2017 and 2019 was 40 per cent when compared to a variation of 15.294% in the growth rate between 2018 and 2019.
Export markets for Jamaica cocoa powder (solids) ( in '000$ )
Jamaica's leading export markets for cocoa powder (solids) are Barbados, United Kingdom (UK), the Netherlands, US and Belize.
Jamaica ordered 257 tonnes of cocoa powder (solids) in 2019.