Bran, sharps and residues from cereal or legume processing market in Jamaica

Earlier Report Observations

The market for bran, sharps and residues from cereal processing in Jamaica experienced considerable volatility between 2018 and 2023. Volume expanded to 60 076 tonnes in 2019, then contracted sharply to 42 632 tonnes in 2020. A recovery followed, peaking at 60 589 tonnes in 2022 before easing to 56 656 tonnes in 2023.

This pattern was primarily driven by imports, which plummeted from 20 919 tonnes in 2019 to 8 105 tonnes in 2020, then rebounded to 23 227 tonnes in 2022. Domestic production fluctuated within a narrower band, between 36 405 and 40 587 tonnes, while exports showed no consistent trend.

Overall, the market ended the period 3% larger than in 2018, with import volatility accounting for most of the year-to-year movements.

Production bran, sharps and residues from cereal or legume processing in Jamaica

In kind, 2017-2020, t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

Jamaica's production of bran, sharps, and residues from cereal or legume processing declined after two years of growth. In 2019, production reached its peak at 40 587 tons. The following year, in 2020, output fell to 36 973 tons, marking a modest 8.9% decrease compared to 2019. The largest annual increase occurred in 2018, when production rose by 6.3%.

Annual dynamics of production in Jamaica in kind, 2017-2020, t

Exports bran, sharps and residues from cereal or legume processing from Jamaica

Exports in kind, t

Export volumes showed irregular fluctuations, indicating a volatile market environment. The lowest point was recorded in 2017, while exports peaked in 2020 at 2 446 tons, representing a dramatic 71.1% year-over-year increase. This created a 5.2-fold gap between the highest and lowest years. The largest annual decline occurred in 2019, with a drop of 19.9%, while the most significant increase was in 2018, when exports surged by 279.9%.

Annual dynamics of product's exports from Jamaica in kind, 2017-2020, t

From 2017 to 2020, Jamaica's exports of bran, sharps, and residues from cereal or legume processing were dominated by three key markets. Trinidad and Tobago was the largest buyer, accounting for 65.6% of export volume, followed by Grenada at 9.3% and Ecuador at 9.1%. Together, these three countries represented 84.0% of Jamaica's total exports in this category.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Jamaica in kind, 2017-2020

Exports in value, K $ US

Jamaica's exports of bran, sharps, and residues from cereal or legume processing increased for the third consecutive year in 2020. The value reached 506 thousand US dollars, showing a steep rise of 112.2% compared to 2019. Over the period from 2017 to 2020, exports grew by 421.8%, which translates to an annualized growth rate of 73.4%.

Annual dynamics of product's exports from Jamaica in value, 2017-2020, K $ US

In value terms, Jamaica's exports from 2017 to 2020 were led by Trinidad and Tobago, which accounted for 57.8% of the total. Ecuador and Grenada each represented 14.1% of export value. Combined, these three markets made up 86.0% of Jamaica's total export flows in this category.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Jamaica in value, 2017-2020

Imports bran, sharps and residues from cereal or legume processing to Jamaica

Imports in kind, t

After two years of growth, Jamaica's imports of bran, sharps, and residues from cereal or legume processing declined. Imports peaked in 2019 at 20 919 tons, with the largest annual increase that year of 17.6%. In 2020, imports fell to 8 105 tons, a sharp decrease of 61.3% compared to the previous year. Over the 2017-2020 period, imports decreased by 51.4%, equating to an annualized decline of 21.4%.

Annual dynamics of product's imports to Jamaica in kind, 2017-2020, t

From 2017 to 2020, Jamaica's imports of bran, sharps, and residues from cereal or legume processing were highly concentrated. The United States accounted for 99.5% of total import volume, making it the nearly exclusive supplier.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Jamaica in kind, 2017-2020

Imports in value, K $ US

Following two years of increases, Jamaica's imports of bran, sharps, and residues from cereal or legume processing declined in 2020. The value peaked in 2019 at 4 562 thousand US dollars, with the largest annual increase occurring in 2018 at 29.6%. In 2020, imports dropped to 1 875 thousand US dollars, a dramatic decrease of 58.9% compared to 2019. Over the 2017-2020 period, imports fell by 37.7%, which corresponds to an annualized decline of 14.6%.

Annual dynamics of product's imports to Jamaica in value, 2017-2020, K $ US

Throughout the 2017-2020 period, the United States remained the almost exclusive supplier of bran, sharps, and residues from cereal or legume processing to Jamaica in value terms, accounting for 99.4% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Jamaica in value, 2017-2020