What is the price of coconut oil per kilogram/pound in Jamaica today?
The retail price range for Jamaica coconut oil is between US$ 10.26 and US$ 33.42 per kilogram or between US$ 4.65 and US$ 15.16 per pound(lb). Click here to see today's exact prices of coconut oil in Jamaica
The retail price range in Jamaican Dollar for coconut oil is between JMD 1,598.77 and JMD 5,205.30 per kilogram or between JMD 725.07 and JMD 2,360.68 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica coconut oil is between US$ 7.18 and US$ 23.39 per kilogram or between US$ 3.26 and US$ 10.61 per pound(lb).
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Jamaica Coconut Oil Export Prices - Historical, Trends and Prediction
The export price of Coconut oil from Jamaica over the last five years has been quite varied. In 2014, the price was 7.33 US $ per kg, and it increased to 7.67 US $ per kg in 2015. However, in 2016, the price dropped to 6.14 US $ per kg. The price then increased to 9.33 US $ per kg in 2017, before dropping to 7.60 US $ per kg in 2018. The price then increased again to 8.67 US $ per kg in 2019, before dropping to 5.89 US $ per kg in 2020. The most recent year, 2021, saw the highest price of 13.00 US $ per kg. Based on this data, it is likely that the export price of Coconut oil from Jamaica will remain relatively high in the next two years, with an estimated price of 12.00 US $ per kg in 2023 and 11.00 US $ per kg in 2024.The Jamaica coconut oil exports are categorised as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
Jamaica Coconut Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coconut oil into Jamaica over the last five years has been relatively stable. In 2017, the price was at its highest at $9.33, before dropping to $7.60 in 2018. The price then rose to $8.67 in 2019, before dropping again to $5.89 in 2020. This year, 2021, the price has risen to $13.00. Looking ahead, it is likely that the price of Coconut oil will remain relatively stable over the next two years. We predict that the price will remain at around $13.00 in 2023, before dropping slightly to $12.50 in 2024.Export values for Jamaica coconut oil
The total values in export for coconut oil in Jamaica were US$ 43, US$ 56, US$ 38 and US$ 51 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 coconut oil in other countries across Caribbean: Aruba coconut oil, Bahamas coconut oil, Barbados coconut oil, Cuba coconut oil, Dominican Republic coconut oil, Grenada coconut oil, Guadeloupe coconut oil, Haiti coconut oil, Jamaica coconut oil & Martinique coconut oil.
Jamaica coconut oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica sold 6 tonnes of coconut oil. Across 2019 alone, the interest in Jamaica coconut oil (processed category) has surged, flactuating by 20 % compared to the year 2018. Between 2017 and 2019, coconut oil's exports recorded no change remaining at 0 pc earning the country US$0.05m for the year 2019. Jamaica's coconut oil exports are classified as:
- Coconut oil and its fractions, whether or not refined, but not chemically modified (excluding crude) (HS code 151319)
- Crude coconut oil (HS code 151311)
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Jamaica coconut oil export values
In 2019, Jamaica shipped coconut oil costing 0.05m USD, a growth of 31.58% from 2018's total coconut oil export of 0.038m USD. The annual growth in value of Jamaica coconut oil between 2017 to 2018 was -32.143 pc.
The annual/yearly change in the volume of Jamaica's coconut oil exports between 2017 and 2019 was 0 pc when compared to a variation of 20% in the growth rate between 2018 and 2019.
Export markets for Jamaica coconut oil ( in '000$ )
Jamaica's best performing export markets for coconut oil are the Bahamas, US, Trinidad and Tobago and Saint Lucia.
Jamaica ordered 928 tonnes of coconut oil in 2019.