What is the price of pepper per kilogram/pound in Jamaica today?
The retail price range for Jamaica pepper is between US$ 8.38 and US$ 24.59 per kilogram or between US$ 3.80 and US$ 11.15 per pound(lb). Click here to see today's exact prices of pepper in Jamaica
The retail price range in Jamaican Dollar for pepper is between JMD 1,304.92 and JMD 3,830.33 per kilogram or between JMD 591.80 and JMD 1,737.11 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica pepper is between US$ 5.86 and US$ 17.21 per kilogram or between US$ 2.66 and US$ 7.81 per pound(lb).
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Jamaica Pepper Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pepper from Jamaica over the last five years has seen a steady decline. In 2017, the price was $1.71, followed by $2.65 in 2018, $2.81 in 2019, $5.8 in 2020, and $4.93 in 2021. This suggests that the price of Pepper from Jamaica is likely to continue to decrease in the coming years. Predicted prices for 2023 and 2024 are $3.90 and $3.45 respectively.The Jamaica pepper exports are classified as:
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
Jamaica Pepper Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pepper into Jamaica over the last five years has been quite varied. In 2017, the price was $1.71, followed by a slight increase to $2.65 in 2018. In 2019, the price dropped to $2.81, before rising to $5.80 in 2020. The price then decreased to $4.93 in 2021. Overall, the import price of Pepper into Jamaica has seen a slight decrease over the last five years. Looking ahead, it is likely that the import price of Pepper into Jamaica will remain relatively stable in the next two years. We predict that the price will be around $4.90 in 2023 and $4.95 in 2024.Export values for Jamaica pepper
The total values in export for pepper in Jamaica were US$ 8,048, US$ 9,904, US$ 9,552 and US$ 6,192 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Jamaica: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Caribbean: Aruba pepper, Bahamas pepper, Barbados pepper, Cuba pepper, Dominican Republic pepper, Grenada pepper, Guadeloupe pepper, Haiti pepper, Jamaica pepper & Martinique pepper.
Jamaica pepper - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica exported 1,424 tonnes of pepper. In 2019 alone, the market for Jamaica pepper (herbs and spices category) has reduced, with a change of -46.386 pc compared to the year 2018. Between 2017 and 2019, pepper's exports reduced by -54.59% earning the nation US$6.19m for the year 2019. Jamaica's pepper exports are categorised as:
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
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Jamaica pepper export values
In 2019, Jamaica sold pepper costing 6.19m USD, a drop of -35.20% from 2018's total pepper export of 9.552m USD. The annual change in value of Jamaica pepper between 2017 to 2018 was -3.554%.
The per year variation in the volume of Jamaica's pepper exports between 2017 and 2019 was -54.59 per cent when compared to a variation of -46.386% in the growth rate between 2018 and 2019.
Export markets for Jamaica pepper ( in '000$ )
Jamaica's top destinations for pepper are the Netherlands, US, India, United Kingdom (UK) and Malaysia.
Jamaica bought 6,096 tonnes of pepper in 2019.
Production
The production of pepper in Jamaica was 869,088 tonnes in 2019 and is forecast to change by an average of 13.18%. The country had an estimated 58,416.00 hectares under pepper cultivation.