Milk and cream market in Trinidad and Tobago

Earlier Report Observations

The market volume for milk and cream in Trinidad and Tobago declined from 7 905 t in 2018 to 4 553 t in 2023. After a steady decrease to 5 589 t in 2021, the market saw a temporary recovery to 5 916 t in 2022 before a sharp contraction the following year.

Supply was consistently dependent on imports, with sources including Canada, Germany, Costa Rica, and the United Kingdom. In 2023, Barbados became a recorded supplier. No significant changes in legislation, labeling, or market access regulations for this product segment were reported during the period.

Production milk and cream in Trinidad and Tobago

In kind, 2017-2020, t

Top producers of milk and cream, 2017-2020

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

Trinidad and Tobago's milk and cream production has declined for the second year in a row. In 2020, the country produced 2 184 tonnes, marking a significant 25.6% drop compared to the previous year. Looking at the broader period from 2017 to 2020, production fell by 33.4%, with an average annual decline of 12.7%. The peak was in 2018, when output reached 3 456 tonnes, and that year also saw the largest increase at 5.3%.

Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, t

In value, 2017-2020, K $ US

Trinidad and Tobago's milk and cream production has now declined for three consecutive years. In 2020, the value of this output stood at 2 752 thousand US dollars, reflecting a 23.2% decrease year-over-year. Over the 2017-2020 period, production value dropped by 32.9%, with an average annual decline of 12.5%.

Annual dynamics of production in Trinidad and Tobago in value, 2017-2020, K $ US

Exports milk and cream from Trinidad and Tobago

Exports in kind, t

Trinidad and Tobago's exports of milk and cream have fallen for the second straight year. In 2020, the country shipped 718 tonnes abroad, which represents a gradual 3.3% reduction from 2019. Between 2017 and 2020, exports decreased by 6.9%, translating to an average annual decline of 2.4%. The highest export volume was recorded in 2018 at 797 tonnes. That year also saw the largest increase at 3.3%, while the sharpest drop occurred in 2019 with a 6.9% decrease.

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

From 2017 to 2020, the main destinations for Trinidad and Tobago's milk and cream exports in volume terms were Guyana, Barbados, and Jamaica. Guyana accounted for 47.4% of exports, Barbados for 13.3%, and Jamaica for 8.9%. Together, these three markets made up 69.6% of total export volumes.

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

World map of product's exports from Trinidad and Tobago in kind, 2017-2020

Exports in value, K $ US

Trinidad and Tobago's milk and cream exports in value terms remained broadly stable in 2020, totaling 904 thousand US dollars, with little change from the previous year. Over the 2017-2020 period, export value decreased by 6.2%, with an average annual decline of 2.1%. The lowest value was recorded in 2018 at 884 thousand US dollars, which also saw the largest decline of 8.3%. In contrast, 2019 experienced the biggest increase at 2.4%.

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

In value terms from 2017 to 2020, Guyana, Barbados, and Bunkers were the primary markets for Trinidad and Tobago's milk and cream exports. Guyana accounted for 44.5% of export value, Barbados for 14.5%, and Bunkers for 9.1%. Collectively, these three destinations absorbed 68.1% of total export value.

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

World map of product's exports from Trinidad and Tobago in value, 2017-2020

Imports milk and cream to Trinidad and Tobago

Imports in kind, t

Trinidad and Tobago's imports of milk and cream have declined for the third consecutive year. In 2020, the country imported 4 629 tonnes, which is an 8.5% decrease compared to 2019. Over the 2017-2020 period, import volumes fell by 19.9%, with an average annual decline of 7.1%.

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

From 2017 to 2020, Germany dominated Trinidad and Tobago's milk and cream imports in volume terms, accounting for 84.7% of total flows. Other trading partners held relatively minor shares during this period.

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

World map of product's imports to Trinidad and Tobago in kind, 2017-2020

Imports in value, K $ US

Trinidad and Tobago's milk and cream imports in value terms have also declined for three years in a row. In 2020, imports were valued at 5 629 thousand US dollars, showing a moderate 4.4% fall from 2019. Between 2017 and 2020, import value decreased by 11.3%, equating to an average annual decline of 3.9%.

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

In value terms from 2017 to 2020, Germany was the dominant source for Trinidad and Tobago's milk and cream imports, concentrating 71.5% of total import value. The remaining flows were distributed among multiple smaller partners.

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

World map of product's imports to Trinidad and Tobago in value, 2017-2020