What is the price of maize per kilogram/pound in Jamaica today?
The retail price range for Jamaica maize is between US$ 2.03 and US$ 3.14 per kilogram or between US$ 0.92 and US$ 1.42 per pound(lb). Click here to see today's exact prices of maize in Jamaica
The retail price range in Jamaican Dollar for maize is between JMD 315.98 and JMD 489.02 per kilogram or between JMD 143.30 and JMD 221.78 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica maize is between US$ 1.42 and US$ 2.20 per kilogram or between US$ 0.64 and US$ 1.00 per pound(lb).
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Jamaica Maize Export Prices - Historical, Trends and Prediction
The export price per kilogram of Maize from Jamaica over the last five years has been relatively stable. In 2017, the price was 0.47 US $ per kg, followed by a decrease to 0.29 US $ per kg in 2018. In 2019, the price increased to 0.44 US $ per kg and further increased to 0.49 US $ per kg in 2020. The highest price was recorded in 2021, at 0.55 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Maize from Jamaica in 2023 will be around 0.60 US $ per kg and in 2024 will be around 0.65 US $ per kg.The maize exports from Jamaica are categorised as:
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
- Maize (excluding seed for sowing) (HS code 100590)
Jamaica Maize Import Prices - Historical, Trends and Prediction
The import price per kilogram of Maize into Jamaica over the last five years has been quite varied. In 2017, the price was 0.47 US dollars per kg, followed by a decrease to 0.29 US dollars per kg in 2018. In 2019, the price increased to 0.44 US dollars per kg, and then further increased to 0.49 US dollars per kg in 2020. The highest price was seen in 2021, at 0.55 US dollars per kg. Overall, the import price of Maize into Jamaica has seen an upward trend over the last five years. Based on this trend, it is predicted that the import price of Maize into Jamaica in 2023 will be 0.60 US dollars per kg, and in 2024 it will be 0.65 US dollars per kg.Export values for Jamaica maize
The total values in export for maize in Jamaica were US$ 1,696, US$ 1,792, US$ 4,928 and US$ 2,752 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Jamaica: Wheat, Rye, Barley, Oats, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of maize in other countries across Caribbean: Aruba maize, Bahamas maize, Barbados maize, Cuba maize, Dominican Republic maize, Grenada maize, Guadeloupe maize, Haiti maize, Jamaica maize & Martinique maize.
Jamaica maize - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica sold 6,256 tonnes of maize. Through 2019 alone, the demand for Jamaica maize (cereals/grains category) has gone down, recording a change of -63.39 pc compared to the year 2018. Between 2017 and 2019, maize's exports grew by 63.6 percent netting Jamaica US$2.75m for the year 2019. Jamaica's maize exports are classified as:
- Maize (excluding seed for sowing) (HS code 100590)
- Maize seed for sowing (HS code 100510)
- Hulled, pearled, sliced, kibbled or otherwise worked maize grains (excluding rolled, flaked, pellets and flour) (HS code 110423)
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Jamaica maize export values
In 2019, Jamaica supplied maize worth 2.75m USD, a contraction of -44.20% from 2018's total maize export of 4.928m USD. The yearly change in value of Jamaica maize between 2017 to 2018 was 175 percent.
The annual/yearly variation in the quantity of Jamaica's maize exports between 2017 and 2019 was 63.6% in comparison to a variation of -63.39% in the period between 2018 and 2019.
Export markets for Jamaica maize ( in '000$ )
Jamaica's best performing destinations for maize are Barbados, United Kingdom (UK), Suriname, Guyana and Trinidad and Tobago.
Jamaica bought 4,534,976 tonnes of maize in 2019.
Production
The production of maize in Jamaica was 50,880 tonnes in 2019 and is estimated to change by an average of -5.23%. The country had approximately 45,528.00 hectares under maize cultivation.