What is the price of turmeric per kilogram/pound in US today?
The retail price range for US turmeric is between US$ 3.95 and US$ 7.90 per kilogram or between US$ 1.79 and US$ 3.58 per pound(lb). Click here to see today's exact prices of turmeric in US
The retail price range in Euro for turmeric is between EUR 3.62 and EUR 7.24 per kilogram or between EUR 1.64 and EUR 3.29 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US turmeric is between US$ 2.76 and US$ 5.53 per kilogram or between US$ 1.25 and US$ 2.51 per pound(lb).
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US Turmeric Export Prices - Historical, Trends and Prediction
The export price per kilogram of Turmeric from the US over the last five years has been quite volatile. In 2017, the price was 5.31 US dollars per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 5.59 US dollars per kg. In 2019, the price dropped to 4.90 US dollars per kg, the lowest in the five year period. The price then increased to 5.44 US dollars per kg in 2020 and 6.33 US dollars per kg in 2021. The most recent data shows that the price has decreased to 5.69 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Turmeric from the US in 2023 will be around 5.50 US dollars per kg and in 2024 will be around 5.70 US dollars per kg.US Turmeric Import Prices - Historical, Trends and Prediction
The import price per kilogram of Turmeric into the US over the last five years has been quite volatile. In 2017, the price was $5.31, which was the highest of the five-year period. This was followed by a decrease to $4.92 in 2016. In 2018, the price rose again to $5.59, before dropping to $4.90 in 2019. The price then rose again to $5.44 in 2020, before reaching its highest point of $6.33 in 2021. The most recent data shows that the price has dropped to $5.69 in 2022. Looking ahead, it is likely that the import price per kilogram of Turmeric into the US will remain relatively stable in the next two years. We predict that the price will remain at around $5.69 in 2023, before increasing slightly to $5.75 in 2024.Export values for US turmeric
The total values in export for turmeric in US were US$ 1,942, US$ 2,033, US$ 2,858 and US$ 4,664 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 US: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of turmeric in other countries across North America: Canada turmeric, US turmeric, Anguilla turmeric, Antigua and Barbuda turmeric, Bermuda turmeric, Bonaire, Sint Eustatius and Saba turmeric, St.Pierre and Miquelon turmeric, United States Minor Outlying Islands turmeric, Cayman Islands turmeric & Greenland turmeric.
US turmeric - Production, Exports, Imports, Seasons and HS Codes
The quantity of turmeric shipped by US in 2020 was 657 metric tons. In 2019 US exported 924 tonnes of turmeric. For 2019 alone, the demand for US turmeric (herbs and spices category) has escalated, flactuating by 80.822 per cent compared to the year 2018. Between 2017 and 2019, turmeric's exports grew by 141.25% netting the nation US$4.66m for the year 2019. US' turmeric exports are categorised as:
- Turmeric "curcuma" (HS code 091030)
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US turmeric export values
In 2019, US sold turmeric with a value of 4.66m USD, an increment of 63.05% from 2018's total turmeric export of 2.858m USD. The yearly change in value of US turmeric between 2017 to 2018 was 40.58 percent.
The per year variation in the quantity of US' turmeric exports between 2017 and 2019 was 141.25 pc compared to a variation of 80.822% in the period between 2018 and 2019.
US' share of the world's total turmeric's exports in 2019 was 14.3%. US is ranked position 3 in world exports of turmeric.
Export markets for US turmeric ( in '000$ )
Import/Export Trends
US is a net importer of turmeric. The annual growth of US turmeric in value between 2015 to 2019 was 1%, per annum, while annual growth in quantity for the same period was 5%, per annum.
US ordered 9,881 tonnes of turmeric in 2019.