Earlier Report Observations
Production of primary sugar crops in the Bahamas demonstrated consistent growth from 61.7 thousand tons in 2018 to 63.5 thousand tons in 2021. The market volume, almost entirely dependent on domestic output, followed a similar upward trajectory as cross-border trade remained minimal.
This expansion paused in 2022 with a slight reduction to 63.0 thousand tons, before output recovered to 63.4 thousand tons in 2023. The overall period from 2018 to 2023 was characterized by stable production within a narrow range, reflecting a resilient domestic sector.
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 the Bahamas
- 5.1.1. Annual dynamics of production in the Bahamas in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in the Bahamas 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 the Bahamas
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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, kg
- 6.1.2.1. Annual dynamics of product's imports to the Bahamas in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to the Bahamas by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to the Bahamas by countries, 2018-2024, $ 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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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, kg
- 6.2.2.1. Annual dynamics of product's imports to the Bahamas in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to the Bahamas by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to the Bahamas by countries, 2018-2024, $ 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to the Bahamas by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production primary sugar crops in the Bahamas
In kind, 2017-2020, t
Top producers of primary sugar crops, 2017-2020
World map of production of primary sugar crops, 2017-2020
The Bahamas saw its primary sugar crops production volume rise for the third year in a row. In 2020, the country produced 62 966 tonnes of primary sugar crops, marking a modest 1.1% increase from 2019. Over the 2017-2020 period, production grew by 2.6%, with an average annual growth rate of 0.9%.
Annual dynamics of production in the Bahamas in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.6% | 0.8% | 1.1% | 0.9% |
Exports primary sugar crops from the Bahamas
Market analysis indicates that the Bahamas did not export any primary sugar crops between 2017 and 2020.
Imports primary sugar crops to the Bahamas
Imports in kind, kg
The market experienced significant fluctuations during this period. Imports reached their lowest point in 2020 at 66.2 kilograms of primary sugar crops, showing a sharp 92.7% drop compared to 2019. In contrast, imports peaked in 2019 at 911.3 kilograms, with the largest increase occurring in 2018 at 226.9%. Overall, imports in 2020 were 13.8 times lower than in 2019.
Annual dynamics of product's imports to the Bahamas in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 226.9% | 93.6% | (92.7%) | (22.8%) |
From 2017 to 2020, imports of primary sugar crops to the Bahamas were heavily concentrated on the United States, which made up 93.0% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the Bahamas in kind, 2017-2020
Imports in value, $ US
The market showed an unstable trend over the timeframe. Imports in value terms hit their lowest in 2020, with primary sugar crops shipments to the Bahamas totaling 1 222 US dollars, a steep 73.7% year-on-year decline. The peak was recorded in 2019 at 4 639 US dollars, while the largest increase took place in 2018 at 160.0%. From 2017 to 2019, imports varied by 4.7 times between the highest and lowest points.
Annual dynamics of product's imports to the Bahamas in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 160.0% | 79.9% | (73.7%) | 7.2% |
During 2017-2020, the United States was the nearly exclusive supplier of primary sugar crops to the Bahamas, accounting for 93.6% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the Bahamas in value, 2017-2020
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