Earlier Report Observations
Grenada's milk market volume stood at 3 559 t in 2018 and fell for three consecutive years, reaching a low of 2 916 t in 2021. The trend reversed in 2022, with the market growing to 3 010 t, and further to 3 132 t in 2023.
Local milk production increased to 622 t in 2019 but then declined gradually to 581 t in 2023. Imports, which make up the bulk of supply, dropped from 3 004 t in 2018 to 2 317 t in 2021 before rebounding to 2 551 t in 2023.
Preliminary data for 2024 indicates milk imports rose to 2 796 t.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Grenada
- 5.1.1. Annual dynamics of production in Grenada in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Grenada in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Grenada
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Grenada in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Grenada by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Grenada in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Grenada by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Grenada, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Grenada by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Grenada in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Grenada by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Grenada in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Grenada by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Grenada, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Grenada by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Grenada in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Grenada by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Grenada in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Grenada by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Grenada, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Grenada by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Grenada in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Grenada by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Grenada in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Grenada by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Grenada, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Grenada by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production milk in Grenada
In kind, 2017-2020, t
Top producers of milk, 2017-2020
World map of production of milk, 2017-2020
Grenada's milk production experienced a two-year period of growth before declining. In 2019, production reached its peak at 621.6 tons, but by 2020 it had fallen to 610.0 tons, representing a 1.9% decrease from the previous year. Over the entire period from 2017 to 2020, production increased by 10%, which translates to an average annual growth rate of 3.2%. The most significant year-over-year increase occurred in 2019, when production rose by 11.9%.
Annual dynamics of production in Grenada in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.2% | 11.9% | (1.9%) | 3.2% |
Exports milk from Grenada
Exports in kind, t
In 2020, Grenada exported 3 tons of milk, showing minimal change compared to 2019. Looking at the broader timeframe from 2017 to 2020, exports surged by 11,011.1%, with an average annual growth rate of 380.7%.
Annual dynamics of product's exports from Grenada in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 380.7% |
From 2017 to 2020, Grenada's milk exports were almost exclusively directed to Trinidad and Tobago, which accounted for 100.0% of total exports in volume terms.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Grenada in kind, 2017-2020
Exports in value, K $ US
Grenada's milk exports in value terms remained stable in 2020 at 7 thousand US dollars, showing little variation from 2019. Over the period from 2017 to 2020, export value increased by 988.9%, with a compound annual growth rate of 121.6%.
Annual dynamics of product's exports from Grenada in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 121.6% |
Throughout 2017 to 2020, Trinidad and Tobago was the dominant destination for Grenada's milk exports in value terms, representing 100.0% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Grenada in value, 2017-2020
Imports milk to Grenada
Imports in kind, t
Grenada's milk imports declined for the second consecutive year. In 2020, imports amounted to 2,524 tons, a slight decrease of 2.0% from 2019. The peak import volume was recorded in 2018 at 3,004 tons. Over the period from 2017 to 2020, imports decreased by 5.5%, with an average annual decline of 1.9%. The most significant year-over-year increase occurred in 2018, when imports rose by 12.5%, while the largest decrease was in 2019, with a 14.3% drop.
Annual dynamics of product's imports to Grenada in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.5% | (14.3%) | (2.0%) | (1.9%) |
Between 2017 and 2020, the Netherlands was the largest supplier of milk to Grenada in volume terms, accounting for 61.6% of imports. Trinidad and Tobago followed with 11.6%, and the United States with 7.1%. Together, these three countries represented 80.4% of Grenada's total milk imports by volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Grenada in kind, 2017-2020
Imports in value, K $ US
Grenada's milk imports in value terms also declined for the second year in a row. In 2020, imports totaled 6,991 thousand US dollars, a decrease of 4.2% from the previous year. The highest import value was recorded in 2018 at 6,991 thousand US dollars. Over the period from 2017 to 2020, import value increased by 8.8%, with an average annual growth rate of 2.9%. The most substantial year-over-year increase was in 2018, with a rise of 24.4%, while the largest decrease occurred in 2019, with an 8.7% drop.
Annual dynamics of product's imports to Grenada in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.4% | (8.7%) | (4.2%) | 2.9% |
From 2017 to 2020, the Netherlands remained the primary supplier of milk to Grenada in value terms, holding a 62.5% share of imports. Trinidad and Tobago accounted for 15.1%, and the United States for 6.9%. Collectively, these three partners made up 84.5% of Grenada's total milk imports by value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Grenada in value, 2017-2020
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