Market research

Milk and cream market in Belize

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

From 2018 to 2021, the market volume for milk and cream in Belize experienced fluctuations. It grew to 7 182 tons in 2019, then dropped to 6 295 tons in 2020, before recovering to 7 072 tons in 2021.

The market stabilized at 7 109 tons in 2022, followed by a sharp 43% increase to 10 199 tons in 2023, marking the highest level in the period.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Belize
  1. 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Belize 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2025
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production milk and cream in Belize

In kind, 2018-2021, t

Top producers of milk and cream, 2018-2021

Source: SHEV.io

World map of production of milk and cream, 2018-2021

Source: SHEV.io

Milk and cream production in Belize showed a mixed trend in recent years. After declining for two consecutive years, output rebounded in 2021. That year, Belize produced 5 739 tons of milk and cream, representing a significant 26.9% increase compared to 2020. Looking at the broader period from 2018 to 2021, production grew by 14.9% overall, which translates to an average annual growth rate of 4.7%. The lowest production level was recorded in 2020 at 4 522 tons, while the steepest year-on-year decline occurred in 2019 when output fell by 8.4%.

Annual dynamics of production in Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(8.4%)	(1.2%)	26.9%	4.7%

Source: SHEV.io

Exports milk and cream from Belize

According to market research data, Belize did not export any milk or cream between 2018 and 2021.

Imports milk and cream to Belize

Imports in kind, t

Import volumes of milk and cream into Belize displayed considerable volatility during this period. The lowest point came in 2018, while imports peaked in 2019, creating a 2.1-fold difference between these two years. In 2021, Belize imported 1 333 tons of milk and cream from abroad, marking a 24.8% decrease compared to 2020. The highest import volume was recorded in 2019 at 2 605 tons. The most substantial year-on-year decline occurred in 2020 when imports dropped by 32.0%, while the largest increase happened in 2019 with a dramatic 109.1% surge.

Annual dynamics of product's imports to Belize in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	109.1%	(32.0%)	(24.8%)	2.3%

Source: SHEV.io

Between 2018 and 2021, Mexico dominated Belize's milk and cream imports in physical terms, accounting for 82.1% of total import flows. The remaining imports were distributed among various other trading partners.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Belize's milk and cream imports measured in value terms followed a similar pattern. After increasing for two consecutive years, import values declined in 2021. That year, imports totaled 1 417 thousand US dollars, representing a 33.6% decrease compared to 2020. Over the entire 2018-2021 period, import values increased by 33.5% overall, equivalent to a compound annual growth rate of 10.1%. The peak import value was recorded in 2020 at 2 134 thousand US dollars, while the largest year-on-year increase occurred in 2019 with a 65.3% rise.

Annual dynamics of product's imports to Belize in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	65.3%	21.7%	(33.6%)	10.1%

Source: SHEV.io

In value terms, Mexico also dominated Belize's milk and cream import structure between 2018 and 2021, capturing 85.1% of total import value. The remaining imports were spread across numerous smaller trading partners.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Belize in value, 2018-2021

Source: SHEV.io