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Major Agricultural Crops Prices in EC$, 2000 to 2023

Crops 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Exports
Banana 0.39 0.37 0.47 0.53 0.53 .. 0.63 0.6 0.59 0.58 .. .. .. .. .. .. .. .. .. .. .. .. .. ..
Cocoa 1.87 2.03 2.08 2.71 3.13 3.37 4.32 4.9 4.87 4.6 4.3 4.39 4.46 4.70 4.81 5.03 4.64 4.82 4.32 4.87 4.81 4.84 4.91 5.04
Nutmegs 8.55 6.71 6.63 6.84 6.16 6.76 5 5.39 9.06 8.92 10.34 17.15 26.21 21.84 14.43 11.44 10.85 9.71 9.59 9.21 7.65 7.94 9.23 10.15
Mace 10.22 6.8 6.66 7.74 6.26 9.92 11.03 12.11 11.17 10.28 13.56 27.31 31.25 23.92 15.35 12.22 12.15 11.79 12.57 13.11 12.36 12.80 13.60 14.62
Price Paid to Farmers
Banana 0.28 0.32 0.35 0.37 0.4 0.76 0.58 0.57 0.6 0.6 0.78 0.74 0.74 0.7 0.79 0.8 0.8 0.8 0.8 0.8 0.8 0.78 0.79 4.01
Cocoa 1.29 1.53 1.82 1.82 2.12 2.02 2.46 2.92 3.48 3.54 3.62 3.82 4.03 4.08 3.91 3.9 3.81 3.82 3.71 3.17 3.79 4.03 4.02 4.07
Nutmegs 2.99 2.99 3.83 3.08 2 3.31 3.99 4.73 4.51 4.23 4.81 8.06 9.99 9.99 9.77 8.00 7.98 6.27 6.12 6.00 6.00 6.00 6.00 6.00
Mace 3.96 3.62 3.09 3.24 3.88 4.42 4.69 4.88 4.94 3.37 3.31 3.72 7.12 7.58 7.46 4.02 3.86 3.80 4.00 5.55 8.19 6.93 6.70 6.68
.. not available for a specific reference period
Source: Central Statistical Office, Economic Division
Source: Grenada Banana Co-Operative Society / Min. Of Agriculture/ Grenada Nutmeg Co-Operative Association, Central Statistical Office