Kratom is an herbal supplement derived from the leaves of the Mitragyna speciosa tree, indigenous to Southeast Asia. Traditionally, natives in Indonesia, Thailand, and Malaysia masticated or brewed kratom leaves into an herbal tea.
If you’ve bought kratom before, or the only research you’ve done is a quick internet search, then you know kratom prices can differ significantly from one vendor to another. The price of kratom also varies according to the form of kratom, strain, quantity, and potency. The same applies whether you’re shopping at a store or online.
Below, we sift through industry data to give you the average price of kratom in different forms.
It would be almost impossible to look at and compare the prices of every kratom vendor online. A good methodology, therefore, is looking at the 10 most popular online kratom vendors. For instance, below are the price points of a few popular strains like Red Bali and Green Maeng Da, which you won’t miss in any vendor’s product line. Here are the findings:
The average online price of 1 ounce of kratom is $11.73. On average, the cost of 8 ounces and 1 kilo is $46.31 and $149.99, respectively.
Like kratom powder, the price of capsules can vary widely from one vendor to another. Remember, capsules are subject to a lot more hands-on work by the vendor, so be ready to part with a higher amount. The price sometimes triples for capsules compared to the same amount of kratom powder.
Some vendors sell kratom capsules based on the total number of grams in each capsule, while others sell according to the number of capsules in a bottle. All these variations make it even more difficult to find average pricing. But you’ll come across 65-count bottles selling as low as $11.99 and 28 grams (1 oz) bottles for $16.45. On the other spectrum, 25-count capsule bottles could go for as high as $21.99, and a 100-count bottle could cost you $ 76.99.
With all those permutations, we considered pricing from as low as 28 grams (1 oz) up to 1000-count capsules to get an average cost. The cost of kratom capsules online is, on average, around $35.75 for 2 ounces or 60-count kratom extract capsules. A thousand kratom capsules, or 1 kilo, will cost you an average price of $230.99.
The price of kratom will vary from city to city. On average, the price of kratom powder in gas stations, headshops, and retail stores is $30 to $50 for 28 grams of kratom (1 oz). This means that the average price of kratom per gram at these local stores is around $1.50. When you judge against the average online price of just $11.73 for 28 grams, it’s a no-brainer why people prefer buying kratom online.
For bulk purchases, the average price for a 500-gram kratom package is $200 to $300. Still, that’s quite expensive for those who want to purchase kratom powder in bulk.
Kratom capsules are even more expensive at local stores. An ounce of kratom capsules, for example, will cost you around $50 to $60. While three kratom capsules sell for an average price of $25 to $35 at a headshop, 5-count kratom capsules retail at $45 to $60.
For several reasons, the cost of kratom powder and capsules is quite steep at headshops. For starters, there’s the convenience element. Only a handful of other locations sell kratom. Therefore, the lack of competition allows local kratom providers to set higher prices. In contrast, online kratom vendors face constant competition from fellow online vendors, and they have to set considerably affordable prices.
Another reason is that operating a brick-and-mortar store is extremely expensive, so the kratom prices at headshops and smoke shops have to factor in the operational expenses. Online kratom vendors also have business expenses, but they are largely related to kratom.
That being said, importation costs are a key reason behind the fluctuation in kratom pricing in both online shops and in-store outlets. Much like online stores, local kratom stores have to choose their source of hemp. They can decide to import in bulk from abroad or buy from a manufacturer in the country. It will cost you more to source your product from a supplier who has imported it into the country. Therefore, the incurred cost will be reflected in the price set for the kratom product.
Here are a few tips to help you shop for premium-quality cheap kratom:
Many kratom consumers opt to buy kratom online because of the price advantage. And a bulk purchase could help you save even more money than if you bought small kratom quantities.
Because of the lack of regulation in the kratom market, it’s prudent to buy lab-tested products. Of course, kratom prices may be a little higher from a vendor who submits their kratom batch to lab testing. But from a safety point of view, it is important to know what you’re consuming. Any kratom vendor that provides third-party lab reports is the best to buy from.