Export market prices for Jamaica vanilla

Prices for Jamaica vanilla have changed over time. Prior to 2019, a kilo of vanilla was going for US$2.41 in 2017 and US$2.00 in 2018. In 2019 the export price changed to $1.88 per kilo, by -6.25%.

The best performing markets in 2019 for Jamaica vanilla for a kg were from exports to Trinidad and Tobago, the Bahamas, Belize, the Dominican Republic and US. The exports of vanilla from Jamaica are classified as:

  • Vanilla, crushed or ground (HS code 090520)
  • Vanilla (HS code 090500)
  • Vanilla, neither crushed nor ground (HS code 090510)

Export values for Jamaica vanilla

The total values in export for vanilla in Jamaica were US$ 18, US$ 53, US$ 40 and US$ 34 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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The prices of vanilla in Jamaica per tonne for the years 2016, 2017, 2018 and 2019 were US$ 3,600.00, US$ 2,409.09, US$ 2,000.00 and US$ 2,125.00 respectively.

The total values in export for vanilla in Jamaica were US$ 18, US$ 53, US$ 40 and US$ 34 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

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Jamaica vanilla wholesale price

In 2021, the approximate price range for Jamaica Vanilla is between US$ 2.13 and US$ 2 per kilogram or between US$ 0.97 and US$ 0.91 per pound(lb).

The price in Jamaican Dollar is JMD 324.43 per kg. The average price for a tonne is US$ 2125 in Montego Bay and Kingston.

Jamaica's import price for vanilla in 2019 was US$4.88 per kilo.