Maize flour and cereals market in Saint Lucia

Earlier Report Observations

The maize flour and cereals market in Saint Lucia underwent a pronounced shift between 2018 and 2023. The market volume stood at 1 519 tons in 2018 before contracting sharply to 763 tons the following year, representing its lowest point in the period.

A consistent recovery phase began in 2020, with the market expanding to 872 tons. Growth continued, reaching 1 119 tons in 2021 and accelerating to 1 623 tons in 2022. By 2023, the market volume had surged to 2 146 tons, significantly surpassing the 2018 level. This expansion was mirrored by a strong increase in domestic production over the same years.

The market's transformation from the 2019 trough resulted in a 2023 volume nearly three times higher, concluding the period in a state of robust growth. Import volumes contributed variably to supply, while exports remained minimal throughout.

Production maize flour and cereals in Saint Lucia

In kind, 2017-2020, t

Top producers of maize flour and cereals, 2017-2020

World map of production of maize flour and cereals, 2017-2020

The market exhibited volatility during the observed period. Import levels fluctuated significantly, with a 2.1-fold difference between the peak in 2018 and the low in 2019. In 2020, Saint Lucia produced 740 t of maize flour and cereals, marking a substantial year-over-year increase of 12.3%. The minimum production was recorded in 2019 at 659 t, while the maximum reached 1 411 t in 2018. The largest decline occurred in 2019, dropping by 53.3%, whereas the largest increase was in 2018, rising by 82.9%.

Annual dynamics of production in Saint Lucia in kind, 2017-2020, t

Exports maize flour and cereals from Saint Lucia

Exports in kind, t

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

From 2017 to 2020, the country structure of exports in kind was highly concentrated, with the United States accounting for 100.0% of total flows.

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

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

Exports in value, K $ US

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

Between 2017 and 2020, the United States overwhelmingly dominated as the buyer of maize flour and cereals from Saint Lucia, representing 100.0% 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 Lucia in value, 2017-2020

Imports maize flour and cereals to Saint Lucia

Imports in kind, t

In 2020, Saint Lucia's maize flour and cereals import volume was 131.4 t, a 26.5% increase compared to the previous year. From 2017 to 2020, imports grew by 38.4%, equivalent to an annualized rate of 11.4%. The largest decline was recorded in 2019, falling by 3.3%.

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

During 2017–2020, the United States remained the dominant source for imports in kind, holding an 83.5% share of total flows, with the remainder fragmented across other markets.

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

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

Imports in value, K $ US

In 2020, Saint Lucia's imported maize flour and cereals volumes totaled 205.7 K $ US, reflecting a robust increase of 21.8% from the previous year. Between 2017 and 2020, imports rose by 32.5%, translating to an annualized rate of 9.8%. The largest decline occurred in 2019, decreasing by 1.1%.

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

Throughout 2017–2020, the United States played the leading role in imports in value terms, accounting for 83.4% of total flows, while other markets collectively made up the remainder.

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

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