Market research

Milk market in Saint Vincent and the Grenadines

Release date: Mar 30, 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 2023, the milk market in Saint Vincent and the Grenadines showed considerable volatility. After a slight dip in 2019, market volume jumped to 3 190 t in 2020, the highest point in the period, but then dropped sharply to 2 627 t in 2021. It partially recovered in 2022 and 2023, stabilizing around 2 800 t. These swings were primarily driven by changes in imports, which accounted for the bulk of supply, while domestic production remained between 800 t and 970 t.

In 2024, milk imports declined to 1 051 t, a level notably lower than previous years. Hurricane Beryl, which struck in July 2024, disrupted food supply chains and caused shortages of powdered baby milk. Concurrently, the agricultural sector saw a 16% decline in value added since 2021, likely affecting local milk output. On the demand side, tourist arrivals rose by 25%, supported by the entry of new air carriers and investments in hotel developments, which bolstered consumption in the hospitality sector.

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 Saint Vincent and the Grenadines
  1. 5.1.1. Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Saint Vincent and the Grenadines 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Saint Vincent and the Grenadines by countries, 2018-2024, $ 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 Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Saint Vincent and the Grenadines 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Saint Vincent and the Grenadines by countries, 2018-2024, $ US/t
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 Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Saint Vincent and the Grenadines 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Saint Vincent and the Grenadines by countries, 2018-2024, $ US/t
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 Saint Vincent and the Grenadines in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Saint Vincent and the Grenadines 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Saint Vincent and the Grenadines, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Saint Vincent and the Grenadines 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 in Saint Vincent and the Grenadines

In kind, 2017-2020, t

Top producers of milk, 2017-2020

Source: SHEV.io

World map of production of milk, 2017-2020

Source: SHEV.io

Milk production in Saint Vincent and the Grenadines rebounded after a two-year decline. In 2019, production reached its lowest point at 809.7 tonnes, but then increased by 19.5% in 2020 to 967.4 tonnes. Over the 2017-2020 period, production grew by 8.6%, with an average annual growth rate of 2.8%. The largest decline occurred in 2018 at 4.9%.

Annual dynamics of production in Saint Vincent and the Grenadines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.9%)	(4.4%)	19.5%	2.8%

Source: SHEV.io

Exports milk from Saint Vincent and the Grenadines

Exports in kind, t

Milk exports from Saint Vincent and the Grenadines showed significant volatility during this period. The lowest point was in 2017, while exports peaked in 2019 at 8 tonnes, representing a massive 2 907.8% increase. By 2020, exports plummeted to 0.0 tonnes, marking a sharp 99.7% drop from the previous year. The difference between the 2017 low and 2019 high was 835-fold.

Annual dynamics of product's exports from Saint Vincent and the Grenadines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2 677.8%	2 907.8%	(99.7%)	36.7%

Source: SHEV.io

From 2017 to 2020, New Zealand was the primary destination for milk exports from Saint Vincent and the Grenadines, consistently receiving 96.4% of total exports in volume terms.

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

Source: SHEV.io

World map of product's exports from Saint Vincent and the Grenadines in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Export values for milk from Saint Vincent and the Grenadines followed an unstable pattern. The lowest value was recorded in 2017, while 2019 saw the peak at 30 000 US dollars, representing a dramatic 32 243.6% increase. In 2020, export values fell sharply to 100 US dollars, a 99.7% decrease year-over-year. The difference between the 2017 low and 2019 high was 1 078-fold.

Annual dynamics of product's exports from Saint Vincent and the Grenadines in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	233.3%	32 243.6%	(99.7%)	49.4%

Source: SHEV.io

Throughout 2017-2020, New Zealand dominated milk export values from Saint Vincent and the Grenadines, consistently accounting for 99.3% of total export flows.

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

Source: SHEV.io

World map of product's exports from Saint Vincent and the Grenadines in value, 2017-2020

Source: SHEV.io

Imports milk to Saint Vincent and the Grenadines

Imports in kind, t

Milk imports to Saint Vincent and the Grenadines recovered after a two-year decline. In 2019, imports hit their lowest point at 1 929 tonnes, but then rose by 15.2% in 2020 to 2 223 tonnes. Over the 2017-2020 period, imports increased by 6.1%, with an average annual growth rate of 2.0%. The largest decline occurred in 2019 at 4.9%.

Annual dynamics of product's imports to Saint Vincent and the Grenadines in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.1%)	(4.9%)	15.2%	2.0%

Source: SHEV.io

Between 2017 and 2020, three key markets—New Zealand, Peru, and Germany—collectively accounted for 54.1% of total milk imports by volume to Saint Vincent and the Grenadines.

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

Source: SHEV.io

World map of product's imports to Saint Vincent and the Grenadines in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Import values for milk to Saint Vincent and the Grenadines rebounded following a two-year decrease. In 2019, import values were at their lowest at 4 140 000 US dollars, but then increased by 20.5% in 2020 to 4 991 000 US dollars. Over the 2017-2020 period, import values grew by 10.6%, with an average annual growth rate of 3.4%. The largest decline was recorded in 2018 at 6.6%.

Annual dynamics of product's imports to Saint Vincent and the Grenadines in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.6%)	(1.8%)	20.5%	3.4%

Source: SHEV.io

From 2017 to 2020, the main sources for milk imports by value were New Zealand (32.6% of total), Peru (14.6%), and the Netherlands (12.2%), together representing 59.5% 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 Saint Vincent and the Grenadines in value, 2017-2020

Source: SHEV.io