Flour or powder of sago, roots or tubers market in Saint Vincent and the Grenadines

Earlier Report Observations

The market for flour or powder of sago, roots or tubers in Saint Vincent and the Grenadines showed considerable movement between 2018 and 2023. After reaching 128.7 tons in 2018, market volume fell by 17% to 107.4 tons in 2019, then remained stable at 107.2 tons in 2020. A recovery followed in 2021, with volume growing 5% to 112.1 tons.

The most dramatic change occurred in 2022, when the market contracted by 49% to 57.5 tons. This was followed by a 6% increase to 61.2 tons in 2023, though the market size stayed far below the levels seen before 2022.

Production flour or powder of sago, roots or tubers in Saint Vincent and the Grenadines

In kind, 2017-2020, kg

Top producers of flour or powder of sago, roots or tubers, 2017-2020

World map of production of flour or powder of sago, roots or tubers, 2017-2020

Saint Vincent and the Grenadines experienced a decline in flour or powder of sago, roots, or tubers production for the second consecutive year. In 2020, production reached 106 910 kg, showing minimal year-over-year change. Between 2017 and 2020, production decreased by 14.6%, which translates to an annualized rate of 5.1%. The highest production level was recorded in 2018 at 128 170 kg, marking a 2.3% increase from the previous year. The most significant decline occurred in 2019, with a drop of 16.4%.

Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2017-2020, kg

Exports flour or powder of sago, roots or tubers from Saint Vincent and the Grenadines

Exports in kind, kg

The market displayed volatility during the observed period. Export volumes reached their lowest point in 2019 at 25 kg, then climbed to their peak in 2017, showing a 24-fold difference between these years. In 2020, export volumes from Saint Vincent and the Grenadines stood at 279 kg, representing a substantial increase of 1 028.6% compared to the previous year. The largest decline was recorded in 2019 at 93.5%.

Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2017-2020, kg

From 2017 to 2020, Trinidad and Tobago (46.5% of exports in kind), Antigua and Barbuda (28.4% of exports in kind), and the British Virgin Islands (15.2% of exports in kind) remained the top destinations for exports in kind, collectively accounting for 90.1% of total flows.

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

World map of product's exports from Saint Vincent and the Grenadines in kind, 2017-2020

Exports in value, $ US

Market performance showed noticeable fluctuations during this period. The lowest point was recorded in 2019 at 69 US dollars, while the peak occurred in 2017, with a 12.2-fold swing between these years. In 2020, export shipments from Saint Vincent and the Grenadines amounted to 340 US dollars, marking a 393.1% year-over-year advance. The largest decline was observed in 2019 at 87.5%.

Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2017-2020, $ US

During 2017–2020, Trinidad and Tobago (44.4% of exports in value terms), Antigua and Barbuda (28.6% of exports in value terms), and the British Virgin Islands (14.7% of exports in value terms) continued to lead as the primary buyers of flour or powder of sago, roots, or tubers from Saint Vincent and the Grenadines, jointly representing 87.7% of total exports in value terms.

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

World map of product's exports from Saint Vincent and the Grenadines in value, 2017-2020

Imports flour or powder of sago, roots or tubers to Saint Vincent and the Grenadines

Imports in kind, kg

The market trend was unstable throughout the timeframe. Import volumes bottomed in 2019 at 313 kg and peaked in 2017, with a 9.1-fold difference between these years. In 2020, import volume reached 568 kg, indicating a dramatic gain of 81.8% compared to 2019. The largest decline was recorded in 2018 at 69.4%.

Annual dynamics of product's imports to Saint Vincent and the Grenadines in kind, 2017-2020, kg

From 2017 to 2020, Canada was the dominant supplier of flour or powder of sago, roots, or tubers to Saint Vincent and the Grenadines, accounting for 87.3% of total imports in kind, with other countries sharing the remaining volume.

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

World map of product's imports to Saint Vincent and the Grenadines in kind, 2017-2020

Imports in value, $ US

Volatility characterized market behavior during these years. The trough was recorded in 2019 at 653 US dollars, while the peak occurred in 2020, showing a 4.3-fold swing. In 2020, import volume amounted to 2 778 US dollars, equivalent to a sharp rise of 325.7% versus the previous year. The largest decline was recorded in 2019 at 41.9%.

Annual dynamics of product's imports to Saint Vincent and the Grenadines in value, 2017-2020, $ US

In 2017–2020, Canada and Thailand continued to lead the list of markets for imports in value terms, together accounting for 84.0% of total flows, while other partners played a supplementary role.

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

World map of product's imports to Saint Vincent and the Grenadines in value, 2017-2020