What is the price of sugar per kilogram/pound in Jamaica today?
The retail price range for Jamaica sugar is between US$ 0.49 and US$ 2.45 per kilogram or between US$ 0.22 and US$ 1.11 per pound(lb). Click here to see today's exact prices of sugar in Jamaica
The retail price range in Jamaican Dollar for sugar is between JMD 76.29 and JMD 381.43 per kilogram or between JMD 34.60 and JMD 172.98 per pound(lb) in Kingston and Montego Bay.
Wholesale prices
In 2024, the approximate wholesale price range for Jamaica sugar is between US$ 0.34 and US$ 1.71 per kilogram or between US$ 0.16 and US$ 0.78 per pound(lb).
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Jamaica Sugar Export Prices - Historical, Trends and Prediction
The export price of sugar from Jamaica over the last five years has been quite varied. In 2017, the price per kilogram was 0.66 US dollars, followed by a sharp decrease to 0.44 US dollars in 2018. In 2019, the price dropped further to 0.41 US dollars, before increasing to 0.55 US dollars in 2020. The price then rose again to 0.63 US dollars in 2021. Based on this data, it is predicted that the export price of sugar from Jamaica in 2023 will be 0.71 US dollars and in 2024 will be 0.79 US dollars.The Jamaica sugar exports are categorised as:
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
Jamaica Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into Jamaica over the last five years has been quite varied. In 2017, the price was 0.66 US dollars per kg, followed by a decrease to 0.44 US dollars per kg in 2018. In 2019, the price dropped further to 0.41 US dollars per kg, before increasing to 0.55 US dollars per kg in 2020. The most recent year, 2021, saw the price rise to 0.63 US dollars per kg. Overall, the import price of sugar into Jamaica has seen a slight increase over the last five years. Based on this trend, it is predicted that the import price of sugar into Jamaica in 2023 will be 0.71 US dollars per kg, and in 2024 it will be 0.79 US dollars per kg.Export values for Jamaica sugar
The total values in export for sugar in Jamaica were US$ 10,096, US$ 2,913, US$ 16,576 and US$ 10,524 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 sugar in other countries across Caribbean: Aruba sugar, Bahamas sugar, Barbados sugar, Cuba sugar, Dominican Republic sugar, Grenada sugar, Guadeloupe sugar, Haiti sugar, Jamaica sugar & Martinique sugar.
Jamaica sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Jamaica shipped 22,865 tonnes of sugar. Across 2019 alone, the demand for Jamaica sugar (processed category) has shrunk, recording a change of -38.875 per cent compared to the year 2018. Between 2017 and 2019, sugar's exports increased by 418.83 pc netting the exporter US$10.52m for the year 2019. Jamaica's sugar exports are classified as:
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
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Jamaica sugar export values
In 2019, Jamaica supplied sugar valued at 10.52m USD, a decrease of -36.53% from 2018's total sugar export of 16.576m USD. The yearly change in value of Jamaica sugar between 2017 to 2018 was 469.035 percent.
The yearly variation in the volume of Jamaica's sugar exports between 2017 and 2019 was 418.83 pc when compared to a variation of -38.875% in the growth rate between 2018 and 2019.
Export markets for Jamaica sugar ( in '000$ )
Jamaica's leading export markets for sugar are Mongolia, United Kingdom (UK), Trinidad and Tobago, Saint Vincent and the Grenadines and Saint Lucia.
Jamaica imported 70,134 tonnes of sugar in 2019.