Concentrated or sweetened milk and cream market in Jamaica

Earlier Report Observations

The market volume for concentrated or sweetened milk and cream in Jamaica declined from 6 086 tons in 2018 to 4 557 tons in 2023, representing an overall drop of 25%. This period was marked by significant volatility, with sharp contractions in 2019 and 2020, a stabilization in 2021, and a temporary rebound in 2022.

After falling to 4 748 tons in 2021, the market recovered to 5 177 tons in 2022, a 9% increase. However, this gain was reversed in 2023 when volume dropped by 12% to 4 557 tons. Domestic production trended downward over the years, while imports remained the primary supply source despite some year-to-year fluctuations.

Production concentrated or sweetened milk and cream in Jamaica

In kind, 2017-2020, t

Top producers of concentrated or sweetened milk and cream, 2017-2020

World map of production of concentrated or sweetened milk and cream, 2017-2020

In 2020, Jamaica produced 2 198 tonnes of concentrated or sweetened milk and cream, marking a 2.5% year-over-year increase. However, looking at the broader period from 2017 to 2020, production actually decreased by 7.6%, which translates to an average annual decline of 2.6%. The lowest production level was recorded in 2019 at 2 145 tonnes, while the peak occurred in 2018 with 2 380 tonnes. The most significant drop in production happened in 2019, when it fell by 9.9%.

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

Exports concentrated or sweetened milk and cream from Jamaica

Exports in kind, t

The export market for concentrated or sweetened milk and cream from Jamaica exhibited considerable volatility during this period. The lowest export volume was recorded in 2018 at just 59 tonnes, while the highest was in 2020 with 1 226 tonnes—a dramatic 21-fold difference between these two years. In 2020 alone, exports surged by 344.6% compared to the previous year. The largest decline occurred in 2018, when exports dropped by 67.0%, whereas the biggest increase was in 2019, with a remarkable 366.0% growth.

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

From 2017 to 2020, the primary buyers of Jamaica's concentrated or sweetened milk and cream were Trinidad and Tobago, accounting for 33.4% of exports in kind, followed by the United States at 27.1%, and Belize at 9.0%. Together, these three countries represented 69.5% of Jamaica's total exports in kind during this period.

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

The export market in value terms also showed signs of volatility over the observed years. The minimum value was recorded in 2018 at 230 thousand US dollars, while the maximum was in 2020 at 2 288 thousand US dollars—a 9.9-fold variation between these two points. In 2020, exports in value terms increased by 162.4% compared to the prior year. The largest decline occurred in 2018, with a drop of 50.9%, while the most significant increase was in 2019, rising by 278.4%.

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

In terms of value from 2017 to 2020, the main destinations for Jamaica's concentrated or sweetened milk and cream exports were Trinidad and Tobago, which accounted for 31.4% of exports in value terms, the United States at 25.2%, and Barbados at 8.7%. Collectively, these three markets made up 65.4% of Jamaica's total export flows in value during this timeframe.

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

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

Imports concentrated or sweetened milk and cream to Jamaica

Imports in kind, t

In 2020, Jamaica imported 3 895 tonnes of concentrated or sweetened milk and cream, showing a modest 5.0% year-over-year gain. Over the entire period from 2017 to 2020, imports increased by 27.1%, with an average annual growth rate of 8.3%. The largest decline was recorded in 2019, when imports fell by 1.5%, while the most significant increase occurred in 2018, with a rise of 22.9%.

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

From 2017 to 2020, the key suppliers of concentrated or sweetened milk and cream to Jamaica were Canada, representing 37.8% of imports in kind, the United States at 31.8%, and Trinidad and Tobago at 6.1%. Together, these three countries accounted for 75.8% of Jamaica's total imports in kind during these years.

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

Jamaica's imports of concentrated or sweetened milk and cream in value terms grew for the third consecutive year. In 2020, import volume reached 10 389 thousand US dollars, which is 13.2% higher than the previous year. Between 2017 and 2020, imports increased by 44.5%, equating to an average annual growth rate of 13.0%.

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

Throughout the period from 2017 to 2020, the core group of markets for Jamaica's imports in value terms consisted of Canada, accounting for 36.3% of imports in value terms, the United States at 33.1%, and New Zealand at 7.3%. Together, these three countries represented 76.7% of Jamaica's total import flows in value during this time.

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

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