What is the price of gin per kilogram/pound in Jamaica today?
The retail price range for Jamaica gin is between US$ 29.28 and US$ 56.62 per kilogram or between US$ 13.28 and US$ 25.68 per pound(lb). Click here to see today's exact prices of gin in Jamaica
The retail price range in Jamaican Dollar for gin is between JMD 4,561.10 and JMD 8,819.54 per kilogram or between JMD 2,068.52 and JMD 3,999.79 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica gin is between US$ 20.50 and US$ 39.64 per kilogram or between US$ 9.30 and US$ 17.98 per pound(lb).
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Jamaica Gin Export Prices - Historical, Trends and Prediction
The export price per kilogram of Gin from Jamaica over the last five years has seen a steady decline. In 2012, the price was 4.67 US dollars per kg, and by 2021, it had dropped to 3.25 US dollars per kg. The lowest price was recorded in 2014, when it was 2.58 US dollars per kg. In 2016, the price rose to 3.00 US dollars per kg, and then again in 2019, when it reached 4.00 US dollars per kg. However, the price has since dropped back to 3.00 US dollars per kg in 2020. Based on this trend, it is likely that the export price per kilogram of Gin from Jamaica in 2023 will be around 2.75 US dollars per kg, and in 2024, it will be around 2.50 US dollars per kg.Jamaica Gin Import Prices - Historical, Trends and Prediction
The import price per kilogram of Gin into Jamaica over the last five years has been quite volatile. In 2012, the price was 4.67 US dollars per kg, which dropped to 3.33 US dollars per kg in 2013. This was followed by a further decrease to 2.58 US dollars per kg in 2014. The price then dropped to 1.92 US dollars per kg in 2015, before increasing to 3.00 US dollars per kg in 2016. In 2017, the price dropped again to 2.75 US dollars per kg, before increasing slightly to 2.67 US dollars per kg in 2018. The price then increased to 4.00 US dollars per kg in 2019, before dropping to 3.00 US dollars per kg in 2020. The price then increased again to 3.25 US dollars per kg in 2021. Based on this data, it is predicted that the import price per kilogram of Gin into Jamaica in 2023 will be 3.25 US dollars per kg, and in 2024 will be 3.50 US dollars per kg.Export values for Jamaica gin
The total values in export for gin in Jamaica were US$ 18, US$ 11, US$ 16 and US$ 12 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 gin in other countries across Caribbean: Aruba gin, Bahamas gin, Barbados gin, Cuba gin, Dominican Republic gin, Grenada gin, Guadeloupe gin, Haiti gin, Jamaica gin & Martinique gin.
Jamaica gin - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica shipped 3 tonnes of gin. Across 2019 alone, the demand for Jamaica gin (processed category) has gone down, with a change of -50 % compared to the year 2018. Between 2017 and 2019, gin's exports decreased by -25% earning Jamaica US$0.01m for the year 2019. Jamaica's gin exports are classified as:
- Gin and Geneva (HS code 220850)
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Jamaica gin export values
In 2019, Jamaica exported gin costing 0.01m USD, a reduction of -37.50% from 2018's total gin export of 0.016m USD. The yearly change in value of Jamaica gin between 2017 to 2018 was 45.455%.
The per year change in the quantity of Jamaica's gin exports between 2017 and 2019 was -25 per cent compared to a variation of -50% in the period between 2018 and 2019.
Export markets for Jamaica gin ( in '000$ )
Jamaica imported 131 tonnes of gin in 2019.