Market research

Milk and cream market in the Bahamas

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 milk and cream in the Bahamas grew substantially from 5 030 t in 2018 to 8 153 t in 2023, an increase of 62% over the six-year period. This expansion was primarily fueled by a sharp rise in imports, which more than doubled from 2 983 t to 6 091 t, while domestic production saw only a modest rise from 2 047 t to 2 062 t.

A notable market contraction in 2019 was followed by a dramatic 39% surge in 2020, lifting the total volume to 6 687 t. Growth continued through 2021 and 2022, though at a slower pace, with the market reaching 7 779 t in 2022 before a final uptick to 8 153 t in 2023. The stable but limited local production underscores the market's heavy reliance on imported supplies throughout 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, 2018-2024
    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 the Bahamas
  1. 5.1.1. Annual dynamics of production in the Bahamas in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in the Bahamas 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 the Bahamas in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to the Bahamas by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to the Bahamas by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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 the Bahamas in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to the Bahamas by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to the Bahamas by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from the Bahamas in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from the Bahamas by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from the Bahamas in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from the Bahamas by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from the Bahamas, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from the Bahamas by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from the Bahamas in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from the Bahamas by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from the Bahamas in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from the Bahamas by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from the Bahamas, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from the Bahamas by countries, 2018-2024, $ US/kg
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 the Bahamas

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

Milk and cream production in the Bahamas increased for the second consecutive year. In 2020, production reached 2 055 tonnes, remaining relatively stable compared to the previous year. Over the period from 2017 to 2020, production decreased by 26.7%, which translates to an annualized decline of 9.8%. The lowest production level was recorded in 2018 at 2 047 tonnes. The largest year-on-year decline occurred in 2018 at 27.0%, while the largest increase was in 2019 at 0.2%.

Annual dynamics of production in the Bahamas in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(27.0%)	0.2%	0.2%	(9.8%)

Source: SHEV.io

Exports milk and cream from the Bahamas

Market analysis data indicates that there were no exports of milk and cream from the Bahamas between 2017 and 2020.

Imports milk and cream to the Bahamas

Imports in kind, t

The market showed an unstable trend throughout the period. Imports reached their lowest point in 2017 and peaked in 2020, with a 2.7-fold difference between these years. In 2020, imported milk and cream volumes in the Bahamas totaled 4 632 tonnes, marking a sharp increase of 68.0% compared to the previous year. The largest decline was recorded in 2019 at 7.6%, while the largest increase occurred in 2018 at 74.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	74.0%	(7.6%)	68.0%	39.3%

Source: SHEV.io

From 2017 to 2020, the United States was the dominant and nearly exclusive source for milk and cream imports to the Bahamas, accounting for 93.3% of total imports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Milk and cream import value in the Bahamas declined for the second consecutive year. In 2020, imports stood at 8 189 thousand US dollars, reflecting a significant drop of 11.9% from the year before. Over the 2017-2020 period, imports decreased by 12.1%, with a compound annual growth rate of -4.2%. The highest value was recorded in 2018 at 10 726 thousand US dollars. The largest decline occurred in 2019 at 13.3%, while the largest increase was in 2018 at 15.1%.

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	15.1%	(13.3%)	(11.9%)	(4.2%)

Source: SHEV.io

Throughout 2017-2020, the United States played a dominant role in milk and cream imports to the Bahamas in value terms, consistently representing 93.6% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io