What is the price of coffee extracts per kilogram/pound in Jamaica today?
The retail price range for Jamaica coffee extracts is between US$ 38.62 and US$ 400.47 per kilogram or between US$ 17.51 and US$ 181.62 per pound(lb). Click here to see today's exact prices of coffee extracts in Jamaica
The retail price range in Jamaican Dollar for coffee extracts is between JMD 6,015.07 and JMD 62,378.50 per kilogram or between JMD 2,727.92 and JMD 28,289.57 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica coffee extracts is between US$ 27.03 and US$ 280.33 per kilogram or between US$ 12.26 and US$ 127.13 per pound(lb).
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Jamaica Coffee Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Coffee Extracts from Jamaica over the last five years has been quite varied. In 2017, the price was 19.56 US $ per kg, followed by a slight increase to 19.89 US $ per kg in 2018. In 2019, the price jumped to 32.97 US $ per kg, before dropping to 28.83 US $ per kg in 2020. The price then rose again to 33.55 US $ per kg in 2021. Overall, the export price per kilogram of Coffee Extracts from Jamaica has seen a steady increase over the last five years. Based on this trend, it is predicted that the export price per kilogram of Coffee Extracts from Jamaica will be around 35.00 US $ per kg in 2023 and 37.00 US $ per kg in 2024.The coffee extracts exports from Jamaica are categorised as:
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
- Extracts, essences and concentrates, of coffee (HS code 210111)
Jamaica Coffee Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Coffee Extracts into Jamaica over the last five years has been quite volatile. In 2017, the price was 19.56 US dollars, which was a decrease from the previous year. In 2018, the price increased slightly to 19.89 US dollars. However, in 2019, the price jumped to 32.97 US dollars, which was a significant increase. This was followed by a decrease in 2020 to 28.83 US dollars. In 2021, the price increased again to 33.55 US dollars. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024. However, based on the data from the last five years, it is likely that the prices will remain volatile and could potentially increase or decrease depending on the market conditions.Export values for Jamaica coffee extracts
The total values in export for coffee extracts in Jamaica were US$ 684, US$ 665, US$ 696 and US$ 1,085 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 coffee extracts in other countries across Caribbean: Aruba coffee extracts, Bahamas coffee extracts, Barbados coffee extracts, Cuba coffee extracts, Dominican Republic coffee extracts, Grenada coffee extracts, Guadeloupe coffee extracts, Haiti coffee extracts, Jamaica coffee extracts & Martinique coffee extracts.
Jamaica coffee extracts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica shipped 29 tonnes of coffee extracts. Across 2019 alone, the interest in Jamaica coffee extracts (processed category) has shrunk, changing by -17.143 percent compared to the year 2018. Between 2017 and 2019, coffee extracts' exports went down by -17.14% bringing the exporter US$1.08m for the year 2019. Jamaica's coffee extracts exports are classified as:
- Extracts, essences and concentrates, of coffee (HS code 210111)
- Preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee (HS code 210112)
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Jamaica coffee extracts export values
In 2019, Jamaica sold coffee extracts valued at 1.08m USD, an improvement of 55.17% from 2018's total coffee extracts export of 0.696m USD. The annual growth in value of Jamaica coffee extracts between 2017 to 2018 was 4.662 per cent.
The annual change in the amount of Jamaica's coffee extracts exports between 2017 and 2019 was -17.14% compared to a variation of -17.143% in the period between 2018 and 2019.
Jamaica's portion of the world's total coffee extracts' exports in 2019 was less than 1%. Jamaica holds number 54 in world exports of coffee extracts.
Export markets for Jamaica coffee extracts ( in '000$ )
Jamaica's top destinations for coffee extracts are US, Canada, China, United Kingdom (UK) and Panama.
Import/Export Trends
Jamaica is a net importer of coffee extracts. The annual growth of Jamaica coffee extracts in value between 2015 to 2019 was 6%, per year, while annual growth in quantity was 5%, per annum.
Jamaica imported 307 tonnes of coffee extracts in 2019.