Earlier Report Observations
The maize flour and cereals market in the Bahamas displayed significant volatility from 2018 to 2023. After a moderate decline to 1 795 tons in 2019, consumption jumped by over 45% in 2020, reaching 2 607 tons.
Growth continued into 2021, with the market peaking at 3 098 tons. However, this was followed by a sharp contraction, as volume fell by nearly 20% in 2022 and then by more than 35% in 2023, ending at 1 613 tons.
By 2023, the market had retreated to a level below its 2018 starting point, indicating a period of substantial instability in supply and demand dynamics.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in the Bahamas
- 5.1.1. Annual dynamics of production in the Bahamas in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in the Bahamas in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in the Bahamas
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to the Bahamas in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to the Bahamas by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to the Bahamas by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to the Bahamas in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to the Bahamas by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to the Bahamas by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from the Bahamas in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from the Bahamas by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from the Bahamas in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from the Bahamas by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from the Bahamas, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from the Bahamas by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from the Bahamas in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from the Bahamas by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from the Bahamas in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from the Bahamas by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from the Bahamas, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from the Bahamas by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production maize flour and cereals in the Bahamas
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
In 2020, the Bahamas produced 1 710 tons of maize flour and cereals, marking a 38.5% increase from the previous year. Looking at the period from 2017 to 2020, production grew by 81.7%, which translates to an average annual growth rate of 22.0%. The most significant production decline occurred in 2019, when output fell by 8.9%. Conversely, the largest increase was recorded in 2018, with a substantial rise of 43.9%.
Annual dynamics of production in the Bahamas in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 43.9% | (8.9%) | 38.5% | 22.0% |
Exports maize flour and cereals from the Bahamas
Exports in kind, t
In 2019, the Bahamas exported 0.0 tons of maize flour and cereals, representing a dramatic 706.7% increase compared to 2018.
Annual dynamics of product's exports from the Bahamas in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 706.7% | n/a | - |
From 2017 to 2020, the export structure for maize flour and cereals in the Bahamas was dominated by the United States and Jamaica, which together accounted for 100.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from the Bahamas in kind, 2017-2020
Exports in value, K $ US
In 2019, the value of maize flour and cereals exports from the Bahamas reached 0.0 thousand US dollars, showing a sharp improvement of 384.1% compared to 2018.
Annual dynamics of product's exports from the Bahamas in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 384.1% | n/a | - |
Between 2017 and 2020, the United States and Jamaica were the primary destinations for exports in value terms, with their combined share reaching 100.0% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from the Bahamas in value, 2017-2020
Imports maize flour and cereals to the Bahamas
Imports in kind, t
The Bahamas saw its maize flour and cereals import volume increase for the third consecutive year. In 2020, the country imported a total of {value_last_year} tons, reflecting a steep 60.0% rise from 2019. Over the period from 2017 to 2020, imports surged by 182.6%, equating to an annualized growth rate of 41.4%.
Annual dynamics of product's imports to the Bahamas in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 69.9% | 3.9% | 60.0% | 41.4% |
During 2017–2020, the United States and Dominica formed the core of maize flour and cereals imports to the Bahamas, together making up 99.3% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the Bahamas in kind, 2017-2020
Imports in value, K $ US
The Bahamas experienced a decline in the value of maize flour and cereals imports for the second year in a row. In 2020, imports amounted to 1 399 thousand US dollars, down by 1.0% from the previous year. Over the 2017-2020 period, imports decreased by 9.7%, with a compound annual growth rate of -3.3%. The highest import value was recorded in 2018 at 1 738 thousand US dollars. The most significant decline occurred in 2019, with an 18.7% drop, while the largest increase was in 2018, with a 12.2% rise.
Annual dynamics of product's imports to the Bahamas in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.2% | (18.7%) | (1.0%) | (3.3%) |
From 2017 to 2020, the United States accounted for 77.1% of total imports in value terms, with the remaining flows distributed among a diverse group of smaller countries.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the Bahamas in value, 2017-2020
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