What is the price of mate extracts per kilogram/pound in Jamaica today?
The retail price range for Jamaica mate extracts is between US$ 8.77 and US$ 24.37 per kilogram or between US$ 3.98 and US$ 11.05 per pound(lb). Click here to see today's exact prices of mate extracts in Jamaica
The retail price range in Jamaican Dollar for mate extracts is between JMD 1,365.58 and JMD 3,795.99 per kilogram or between JMD 619.31 and JMD 1,721.54 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica mate extracts is between US$ 6.14 and US$ 17.06 per kilogram or between US$ 2.78 and US$ 7.74 per pound(lb).
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Jamaica Mate Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Mate Extracts from Jamaica has seen a significant increase over the last five years. In 2017, the price was 2.86 US$ per kg, which rose to 9.33 US$ per kg in 2018. This was followed by a further increase to 13.00 US$ per kg in 2019. However, in 2020, the price dropped to 4.50 US$ per kg, before rising to an all-time high of 66.00 US$ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Mate Extracts from Jamaica will continue to increase in the coming years, with a predicted price of around 70.00 US$ per kg in 2023 and 80.00 US$ per kg in 2024.The exports of mate extracts from Jamaica are categorised as:
- Extracts, essences and concentrates, of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or maté (HS code 210120)
Jamaica Mate Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Mate Extracts into Jamaica over the last five years has been quite volatile. In 2017, the price was 2.86 US dollars per kg. This increased significantly in 2018 to 9.33 US dollars per kg. The price then rose further to 13.00 US dollars per kg in 2019. However, in 2020, the price dropped to 4.50 US dollars per kg. This year, 2021, the price has skyrocketed to 66.00 US dollars per kg. Based on this data, it is likely that the price of Mate Extracts will remain high in the coming years. We predict that the price in 2023 will be around 70.00 US dollars per kg and in 2024 it will be around 75.00 US dollars per kg.Export values for Jamaica mate extracts
The total values in export for mate extracts in Jamaica were US$ 20, US$ 28 and US$ 13 in US dollar thousand for the years 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 mate extracts in other countries across Caribbean: Aruba mate extracts, Bahamas mate extracts, Barbados mate extracts, Cuba mate extracts, Dominican Republic mate extracts, Grenada mate extracts, Guadeloupe mate extracts, Haiti mate extracts, Jamaica mate extracts & Martinique mate extracts.
Jamaica mate extracts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica exported 1 tonnes of mate extracts. For the year 2019 alone, the market for Jamaica mate extracts (processed category) has shrunk, flactuating by -66.667 percent compared to the year 2018. Between 2017 and 2019, mate extracts' exports reduced by -85.71 percent earning the exporter US$0.01m for the year 2019. Jamaica's mate extracts exports are classified as:
- Extracts, essences and concentrates, of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or maté (HS code 210120)
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Jamaica mate extracts export values
In 2019, Jamaica shipped mate extracts valued at 0.01m USD, a contraction of -64.29% from 2018's total mate extracts export of 0.028m USD. The annual reduction in value of Jamaica mate extracts between 2017 to 2018 was 40 pc.
The per year variation in the amount of Jamaica's mate extracts exports between 2017 and 2019 was -85.71% in comparison to a variation of -66.667% in the period between 2018 and 2019.
Export markets for Jamaica mate extracts ( in '000$ )
Jamaica's best performing export markets for mate extracts are Barbados, US and Canada.
Jamaica ordered 326 tonnes of mate extracts in 2019.