Market research

Milk and cream market in Barbados

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for not concentrated, not sweetened milk and cream in Barbados experienced notable fluctuations between 2018 and 2023. Starting at 6 745 t in 2018, consumption surged by over 1 000 t to reach 7 771 t in 2019, reflecting a period of increased demand.

This upward trend reversed in 2020 as the market volume contracted to 6 964 t. However, a robust recovery followed in 2021, driving the market to its peak for the period at 7 731 t. The subsequent year saw another contraction, with volume falling to 7 207 t in 2022.

By 2023, the market stabilized at 7 223 t, a level nearly unchanged from the previous year, suggesting an equilibrium in supply and demand after the earlier volatility.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Barbados
  1. 5.1.1. Annual dynamics of production in Barbados in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Barbados in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production milk and cream in Barbados

In kind, 2017-2020, t

Top producers of milk and cream, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Barbados produced 6 765 tonnes of milk and cream in 2020, marking a 14.5% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 11.4%, which translates to an average annual decline of 3.9%. The highest production level was recorded in 2019 at 7 912 tonnes, with the largest year-on-year increase of 6.2% also occurring that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.4%)	6.2%	(14.5%)	(3.9%)

Source: SHEV.io

Exports milk and cream from Barbados

Exports in kind, t

Barbados experienced a second consecutive year of declining milk and cream exports. In 2020, exports totaled 141.7 tonnes, down 54.7% from 2019. Over the 2017-2020 period, exports dropped by 80.3%, averaging an annual decrease of 41.8%. The peak export volume was in 2018 at 845.5 tonnes. The most significant decline occurred in 2019 with a 63.0% drop, while the largest increase was in 2018 at 17.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.8%	(63.0%)	(54.7%)	(41.8%)

Source: SHEV.io

From 2017 to 2020, three key markets—Antigua and Barbuda, Grenada, and Guyana—collectively accounted for 64.0% of Barbados's total milk and cream exports by volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After two years of decline, Barbados's milk and cream export value rebounded in 2020, reaching 130.9 thousand US dollars, a substantial 15.2% increase from 2019. However, over the 2017-2020 period, export value decreased by 51.4%, with a compound annual growth rate (CAGR) of -21.4%. The lowest value was recorded in 2019 at 113.6 thousand US dollars, which also saw the largest decline of 48.0% that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(18.8%)	(48.0%)	15.2%	(21.4%)

Source: SHEV.io

Between 2017 and 2020, Guyana was the leading destination for Barbados's milk and cream exports by value, accounting for 65.7% of the total. Antigua and Barbuda followed with 11.6%, and Grenada with 6.1%. Together, these three markets represented 83.3% of Barbados's export value in this category.

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

Source: SHEV.io

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

Source: SHEV.io

Imports milk and cream to Barbados

Imports in kind, t

Barbados saw a third consecutive year of growth in milk and cream imports by volume. In 2020, imports reached 341.4 tonnes, a sharp 98.4% increase from the previous year. Over the 2017-2020 period, import volume surged by 269.7%, with a compound annual growth rate (CAGR) of 54.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	48.8%	25.2%	98.4%	54.6%

Source: SHEV.io

From 2017 to 2020, Trinidad and Tobago and Germany were the primary sources for Barbados's milk and cream imports by volume, together making up 87.0% of the total. The remaining imports were distributed among various smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Barbados recorded a third straight year of rising milk and cream import values. In 2020, imports totaled 130.9 thousand US dollars, showing a significant 72.5% year-on-year increase. Over the 2017-2020 period, import value grew by 135.4%, with a compound annual growth rate (CAGR) of 33.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	22.3%	11.6%	72.5%	33.0%

Source: SHEV.io

During the 2017-2020 period, Trinidad and Tobago dominated Barbados's milk and cream imports by value, holding a 78.1% share of total flows. The remainder was spread across multiple other destinations.

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

Source: SHEV.io

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

Source: SHEV.io