What is the price of ginseng roots per kilogram/pound in Jamaica today?
The retail price range for Jamaica ginseng roots is between US$ 15.10 and US$ 30.21 per kilogram or between US$ 6.85 and US$ 13.70 per pound(lb). Click here to see today's exact prices of ginseng roots in Jamaica
The retail price range in Jamaican Dollar for ginseng roots is between JMD 2,352.70 and JMD 4,705.40 per kilogram or between JMD 1,066.98 and JMD 2,133.97 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica ginseng roots is between US$ 10.57 and US$ 21.15 per kilogram or between US$ 4.80 and US$ 9.59 per pound(lb).
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Jamaica Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ginseng roots from Jamaica has seen a steady increase over the last five years. In 2017, the price was $3.00, followed by a slight decrease to $2.50 in 2018. In 2019, the price dropped further to $2.25, before increasing to $2.60 in 2020. The most recent year, 2021, saw a dramatic increase to $10.00. Based on this trend, it is likely that the export price per kilogram of Ginseng roots from Jamaica will continue to increase in the coming years. We can predict that the price in 2023 will be around $12.00 and in 2024 it will be around $14.00.Jamaica Ginseng Roots Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ginseng roots into Jamaica has seen a steady increase over the last five years. In 2017, the price was $3.00, followed by a slight decrease to $2.50 in 2018. In 2019, the price dropped further to $2.25, before increasing to $2.60 in 2020. The most significant jump was seen in 2021, when the price rose to $10.00. Based on this trend, it is likely that the import price per kilogram of Ginseng roots into Jamaica will continue to increase in the coming years. We can predict that the price in 2023 will be around $12.00 and in 2024 it will be around $14.00.Export values for Jamaica ginseng roots
The total values in export for ginseng roots in Jamaica were US$ 3, US$ 5 and US$ 9 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in Jamaica: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
See prices of ginseng roots in other countries across Caribbean: Aruba ginseng roots, Bahamas ginseng roots, Barbados ginseng roots, Cuba ginseng roots, Dominican Republic ginseng roots, Grenada ginseng roots, Guadeloupe ginseng roots, Haiti ginseng roots, Jamaica ginseng roots & Martinique ginseng roots.
Jamaica ginseng roots - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica exported 4 tonnes of ginseng roots. For 2019 alone, the interest in Jamaica ginseng roots (tubers category) has increased, changing by 100 pc compared to the year 2018. Between 2017 and 2019, ginseng roots' exports went up by 300% earning the country US$0.01m for the year 2019. Jamaica's ginseng roots exports are categorised as:
- Ginseng roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121120)
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Jamaica ginseng roots export values
In 2019, Jamaica shipped ginseng roots worth 0.01m USD, an increment of 100.00% from 2018's total ginseng roots export of 0.005m USD. The yearly growth in value of Jamaica ginseng roots between 2017 to 2018 was 66.667%.
The per year variation in the quantity of Jamaica's ginseng roots exports between 2017 and 2019 was 300 pc compared to a variation of 100% in the period between 2018 and 2019.
Export markets for Jamaica ginseng roots ( in '000$ )
Jamaica procured 0 tonnes of ginseng roots in 2019.