What is the price of kola nuts per kilogram/pound in Jamaica today?
The retail price range for Jamaica kola nuts is between US$ 12.56 and US$ 20.30 per kilogram or between US$ 5.70 and US$ 9.21 per pound(lb). Click here to see today's exact prices of kola nuts in Jamaica
The retail price range in Jamaican Dollar for kola nuts is between JMD 1,956.59 and JMD 3,161.58 per kilogram or between JMD 887.34 and JMD 1,433.82 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica kola nuts is between US$ 8.79 and US$ 14.21 per kilogram or between US$ 3.99 and US$ 6.44 per pound(lb).
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Jamaica Kola Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Kola Nuts from Jamaica over the last five years has been relatively stable. In 2014, the price was 4.24 US dollars per kg, and in 2015 it increased slightly to 4.70 US dollars per kg. In 2016, the price dropped to 4.10 US dollars per kg, before increasing again to 4.34 US dollars per kg in 2017. In 2018, the price decreased to 4.08 US dollars per kg, before increasing again to 4.15 US dollars per kg in 2019. The most recent year, 2020, saw the highest price of 4.43 US dollars per kg, and 2021 saw an even higher price of 5.07 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Kola Nuts from Jamaica in 2023 will be around 5.30 US dollars per kg, and in 2024 it will be around 5.55 US dollars per kg.The kola nuts exports from Jamaica are classified as:
- Fresh or dried kola nuts "Cola spp.", whether or not shelled or peeled (HS code 080270)
Jamaica Kola Nuts Import Prices - Historical, Trends and Prediction
The import price of Kola Nuts into Jamaica over the last five years has been relatively stable. In 2014, the price per kilogram was 4.24 US dollars, and this increased slightly to 4.7 US dollars in 2015. However, the price dropped to 4.1 US dollars in 2016, before increasing to 4.34 US dollars in 2017. The price then decreased again to 4.08 US dollars in 2018, before rising to 4.15 US dollars in 2019. The most recent year, 2020, saw the highest price of 4.43 US dollars per kilogram. This was followed by a further increase to 5.07 US dollars in 2021. Based on this trend, it is likely that the price of Kola Nuts in Jamaica will continue to increase in the coming years, with an estimated price of 5.30 US dollars per kilogram in 2023 and 5.54 US dollars per kilogram in 2024.Export values for Jamaica kola nuts
The total values in export for kola nuts in Jamaica were US$ 941, US$ 1,688 and US$ 1,447 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Jamaica: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Areca (Betel) Nut.
See prices of kola nuts in other countries across Caribbean: Aruba kola nuts, Bahamas kola nuts, Barbados kola nuts, Cuba kola nuts, Dominican Republic kola nuts, Grenada kola nuts, Guadeloupe kola nuts, Haiti kola nuts, Jamaica kola nuts & Martinique kola nuts.
Jamaica kola nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica exported 351 tonnes of kola nuts. Through 2019 alone, the interest in Jamaica kola nuts (nuts category) has shrunk, with a change of -15.217 % compared to the year 2018. Between 2017 and 2019, kola nuts' exports grew by 61.75% netting the nation US$1.45m for the year 2019. Jamaica's kola nuts exports are classified as:
- Fresh or dried kola nuts "Cola spp.", whether or not shelled or peeled (HS code 080270)
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Jamaica kola nuts export values
In 2019, Jamaica shipped kola nuts with a value of 1.45m USD, a drop of -14.10% from 2018's total kola nuts export of 1.688m USD. The yearly change in value of Jamaica kola nuts between 2017 to 2018 was 79.384 per cent.
The annual variation in the amount of Jamaica's kola nuts exports between 2017 and 2019 was 61.75 pc compared to a variation of -15.217% in the period between 2018 and 2019.
Export markets for Jamaica kola nuts ( in '000$ )
Jamaica's best performing export markets for kola nuts are US, Spain, France, Italy and Germany.
Jamaica purchased 0 tonnes of kola nuts in 2019.