What is the price of grape spirit per kilogram/pound in Jamaica today?
The retail price range for Jamaica grape spirit is between US$ 5.95 and US$ 8.10 per kilogram or between US$ 2.70 and US$ 3.67 per pound(lb). Click here to see today's exact prices of grape spirit in Jamaica
The retail price range in Jamaican Dollar for grape spirit is between JMD 927.47 and JMD 1,261.36 per kilogram or between JMD 420.62 and JMD 572.05 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica grape spirit is between US$ 4.17 and US$ 5.67 per kilogram or between US$ 1.89 and US$ 2.57 per pound(lb).
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Jamaica Grape Spirit Export Prices - Historical, Trends and Prediction
The export price per kilogram of Grape Spirit from Jamaica over the last five years has seen a steady increase. In 2016, the price was $3.00, and by 2021, it had risen to $3.89. This represents an increase of 29.7%. The highest price was recorded in 2020, at $4.36 per kilogram. If the trend continues, we can expect the price of Grape Spirit to reach $4.60 in 2023 and $4.84 in 2024.Jamaica Grape Spirit Import Prices - Historical, Trends and Prediction
The import price per kilogram of Grape Spirit into Jamaica has seen a steady increase over the past five years. In 2016, the price was $3.00, followed by a slight increase to $3.68 in 2017. In 2018, the price dropped to $3.35, before increasing again to $2.96 in 2019. The highest price was recorded in 2020, at $4.36 per kilogram. This was followed by a slight decrease to $3.89 in 2021. Overall, the import price of Grape Spirit into Jamaica has seen an upward trend over the past five years. Based on this trend, it is predicted that the import price per kilogram of Grape Spirit into Jamaica will be $4.45 in 2023 and $4.54 in 2024.Export values for Jamaica grape spirit
The total values in export for grape spirit in Jamaica were US$ 252, US$ 140, US$ 154 and US$ 138 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 grape spirit in other countries across Caribbean: Aruba grape spirit, Bahamas grape spirit, Barbados grape spirit, Cuba grape spirit, Dominican Republic grape spirit, Grenada grape spirit, Guadeloupe grape spirit, Haiti grape spirit, Jamaica grape spirit & Martinique grape spirit.
Jamaica grape spirit - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica sold 47 tonnes of grape spirit. For 2019 alone, the demand for Jamaica grape spirit (processed category) has increased, changing by 2.174 % compared to the year 2018. Between 2017 and 2019, grape spirit's exports increased by 23.68 pc netting the nation US$0.14m for the year 2019. Jamaica's grape spirit exports are categorised as:
- Spirits obtained by distilling grape wine or grape marc (HS code 220820)
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Jamaica grape spirit export values
In 2019, Jamaica supplied grape spirit with a value of 0.14m USD, a contraction of -9.09% from 2018's total grape spirit export of 0.154m USD. The yearly change in value of Jamaica grape spirit between 2017 to 2018 was 10%.
The per year change in the amount of Jamaica's grape spirit exports between 2017 and 2019 was 23.68 pc when compared to a variation of 2.174% in the growth rate between 2018 and 2019.
Export markets for Jamaica grape spirit ( in '000$ )
Jamaica purchased 394 tonnes of grape spirit in 2019.