What is the price of cotton per kilogram/pound in Jamaica today?
The retail price range for Jamaica cotton is between US$ 0.48 and US$ 1.44 per kilogram or between US$ 0.22 and US$ 0.66 per pound(lb). Click here to see today's exact prices of cotton in Jamaica
The retail price range in Jamaican Dollar for cotton is between JMD 74.99 and JMD 224.98 per kilogram or between JMD 34.01 and JMD 102.03 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica cotton is between US$ 0.34 and US$ 1.01 per kilogram or between US$ 0.15 and US$ 0.46 per pound(lb).
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Jamaica Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Jamaica over the last five years has been quite varied. In 2013, the price was 20.00 US dollars per kg, increasing to 26.25 US dollars per kg in 2014. However, the price dropped to 22.33 US dollars per kg in 2015, before rising again to 22.78 US dollars per kg in 2016. In 2017, the price dropped significantly to 6.53 US dollars per kg, before increasing again to 23.32 US dollars per kg in 2018 and 23.94 US dollars per kg in 2019. The most recent data shows the price at 24.68 US dollars per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Cotton from Jamaica will be around 25.50 US dollars per kg in 2023 and 26.30 US dollars per kg in 2024.The exports of cotton from Jamaica are classified as:
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton linters (HS code 140420)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, carded or combed (HS code 520300)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
Jamaica Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of cotton into Jamaica over the last five years has been quite varied. In 2013, the price was 20.00 US dollars per kg. This increased to 26.25 US dollars per kg in 2014, before dropping to 22.33 US dollars per kg in 2015. The price then rose slightly to 22.78 US dollars per kg in 2016, before dropping significantly to 6.53 US dollars per kg in 2017. The price then rose again to 23.32 US dollars per kg in 2018, before increasing further to 23.94 US dollars per kg in 2019. The most recent data shows that the price was 24.68 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of cotton into Jamaica will continue to increase in the coming years. We can predict that the price will be around 25.42 US dollars per kg in 2023 and 26.16 US dollars per kg in 2024.Export values for Jamaica cotton
The total values in export for cotton in Jamaica were US$ 615, US$ 385, US$ 443 and US$ 822 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 cotton in other countries across Caribbean: Aruba cotton, Bahamas cotton, Barbados cotton, Cuba cotton, Dominican Republic cotton, Grenada cotton, Guadeloupe cotton, Haiti cotton, Jamaica cotton & Martinique cotton.
Jamaica cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica exported 34 tonnes of cotton. Through 2019 alone, the interest in Jamaica cotton (processed category) has surged, with a change of 78.947 per cent compared to the year 2018. Between 2017 and 2019, cotton's exports reduced by -42.37 percent netting the nation US$0.82m for the year 2019. Jamaica's cotton exports are classified as:
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton linters (HS code 140420)
- Garnetted stock of cotton (HS code 520291)
- Cotton, carded or combed (HS code 520300)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
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Jamaica cotton export values
In 2019, Jamaica sold cotton valued at 0.82m USD, an increment of 85.10% from 2018's total cotton export of 0.443m USD. The annual growth in value of Jamaica cotton between 2017 to 2018 was 15.065 pc.
The yearly variation in the quantity of Jamaica's cotton exports between 2017 and 2019 was -42.37 pc compared to a variation of 78.947% in the period between 2018 and 2019.
Jamaica's stake of the world's total cotton's exports in 2019 was less than 1%. The country holds position 14 in world exports of cotton.
Export markets for Jamaica cotton ( in '000$ )
Jamaica's top destinations for cotton are Italy, Belgium, Japan and Switzerland.
Jamaica procured 0 tonnes of cotton in 2019.