Milk and cream market in Antigua and Barbuda

Earlier Report Observations

The market for milk and cream in Antigua and Barbuda showed considerable volume movements between 2018 and 2023, with total consumption oscillating from 4 184 t to a high of 6 936 t. Domestic production stayed within a narrow band of 2 300 to 2 900 t each year, indicating that shifts in import volumes were the primary driver of market size changes.

A notable surge occurred in 2022 when imports jumped to 4 071 t, pushing the total market volume to its peak for the period. This spike was temporary, as imports fell back to prior levels in 2023, bringing the market size down to 4 741 t. The stable production base meant that annual market volume was largely determined by import fluctuations throughout these years.

Production milk and cream in Antigua and Barbuda

In kind, 2017-2020, t

Top producers of milk and cream, 2017-2020

World map of production of milk and cream, 2017-2020

After two consecutive years of decline, milk and cream production in Antigua and Barbuda rebounded in 2020. The country produced 2,936 tonnes of milk and cream that year, representing a significant 23.2% increase compared to 2019. Looking at the broader 2017-2020 period, production actually decreased by 5.3%, with an average annual growth rate of 1.8%. The lowest production level was recorded in 2019 at 2,383 tonnes, while the sharpest decline occurred in 2018 when production fell by 18.4%.

Annual dynamics of production in Antigua and Barbuda in kind, 2017-2020, t

Exports milk and cream from Antigua and Barbuda

Exports in kind, t

Milk and cream exports from Antigua and Barbuda have grown for the third year in a row. In 2020, the country exported 16 tonnes of milk and cream, marking a remarkable 111.4% increase compared to the previous year. Over the 2017-2020 period, exports surged by 890%, translating to an average annual growth rate of 114.7%.

Annual dynamics of product's exports from Antigua and Barbuda in kind, 2017-2020, t

Between 2017 and 2020, Montserrat was the exclusive destination for all milk and cream exports from Antigua and Barbuda, accounting for 100% of total export volume and establishing itself as the overwhelmingly dominant market.

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

World map of product's exports from Antigua and Barbuda in kind, 2017-2020

Exports in value, K $ US

The value of milk and cream exports from Antigua and Barbuda has increased for three consecutive years. In 2020, export revenue reached $43,000 USD, representing a 97.6% year-over-year increase. From 2017 to 2020, export value grew by 1,311.9%, which corresponds to an average annual growth rate of 141.7%.

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

Throughout the 2017-2020 period, Montserrat remained the overwhelmingly dominant buyer of milk and cream from Antigua and Barbuda, accounting for 100% of total export value.

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

World map of product's exports from Antigua and Barbuda in value, 2017-2020

Imports milk and cream to Antigua and Barbuda

Imports in kind, t

In 2020, Antigua and Barbuda imported 1,988 tonnes of milk and cream, representing a 9.9% increase compared to the previous year. Between 2017 and 2020, imports grew by 8.6%, with an average annual growth rate of 2.8%. The lowest import volume was recorded in 2019 at 1,808 tonnes, while the highest was in 2018 at 2,030 tonnes. The sharpest decline occurred in 2019 when imports fell by 10.9%, while the largest increase was recorded in 2018 with a 10.8% rise.

Annual dynamics of product's imports to Antigua and Barbuda in kind, 2017-2020, t

From 2017 to 2020, Belgium (22.9% of import volume), the Netherlands (20.0%), and Germany (15.6%) were the primary suppliers of milk and cream to Antigua and Barbuda. Together, these three countries accounted for 58.6% of total import volume during this period.

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

World map of product's imports to Antigua and Barbuda in kind, 2017-2020

Imports in value, K $ US

In 2020, the value of milk and cream imports to Antigua and Barbuda reached $3,142,000 USD, marking a solid 18.1% year-over-year increase. Over the 2017-2020 period, import value grew by 16.3%, with an average annual growth rate of 5.2%. The lowest import value was recorded in 2019 at $2,661,000 USD, while the sharpest decline occurred that same year with an 11.1% decrease.

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

Between 2017 and 2020, the Netherlands (25.9% of import value), Belgium (20.6%), and the United States (18.3%) were the primary suppliers of milk and cream to Antigua and Barbuda. Collectively, these three countries accounted for 64.8% of total import value during this period.

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

World map of product's imports to Antigua and Barbuda in value, 2017-2020