Wheat bran, sharps and residues market in Saint Vincent and the Grenadines

Earlier Report Observations

From 2018 to 2023, the market volume for wheat bran, sharps and residues in Saint Vincent and the Grenadines fluctuated between approximately 5 100 t and 5 500 t. The period saw a gradual increase from 5 204 t in 2019 to a peak of 5 537 t in 2022, followed by a decline to 5 128 t in the final year.

The market's movement was primarily shaped by changes in domestic production, which ranged from 5 330 t to 5 720 t, alongside variable export volumes that subtracted between 79 t and 507 t from the available supply each year. The highest domestic consumption occurred in 2022, correlating with that year's production level and lower exports.

Production wheat bran, sharps and residues in Saint Vincent and the Grenadines

In kind, 2017-2020, t

Top producers of wheat bran, sharps and residues, 2017-2020

World map of production of wheat bran, sharps and residues, 2017-2020

Saint Vincent and the Grenadines saw its production of wheat bran, sharps, and residues increase after a two-year decline. In 2020, the country produced 5 720 tonnes, marking a 4.8% rise from the previous year. However, looking at the period from 2017 to 2020, overall production fell by 11.6%, which translates to an average annual decrease of 4.0%. The lowest production level was recorded in 2019 at 5 460 tonnes, while the sharpest drop occurred in 2018 with a 15.3% decline.

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

In value, 2017-2020, K $ US

The value of wheat bran, sharps, and residues production in Saint Vincent and the Grenadines declined for the third year in a row. In 2020, the output was valued at 666 thousand US dollars, representing a significant 14.2% decrease compared to the previous year. From 2017 to 2020, production value dropped by 52.5%, averaging an annual decline of 21.9%.

Annual dynamics of production in Saint Vincent and the Grenadines in value, 2017-2020, K $ US

Exports wheat bran, sharps and residues from Saint Vincent and the Grenadines

Exports in kind, t

The export market for wheat bran, sharps, and residues from Saint Vincent and the Grenadines showed considerable volatility during this period. In 2018, exports hit their lowest point at 120.8 tonnes, with a 10.6% decline that year. However, they rebounded sharply in 2019, surging by 112.0%. By 2020, exports reached 507.5 tonnes, reflecting a substantial 98.3% increase from 2019. Overall, from 2018 to 2020, exports varied widely, with a peak-to-trough difference of 4.2 times.

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

From 2017 to 2020, the main markets for Saint Vincent and the Grenadines' exports of wheat bran, sharps, and residues in volume terms were Barbados, Saint Lucia, and Trinidad and Tobago. Barbados accounted for 37.2% of exports, Saint Lucia for 33.9%, and Trinidad and Tobago for 19.4%. Together, these three countries represented 90.4% of total export flows.

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

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

Exports in value, $ US

Exports of wheat bran, sharps, and residues from Saint Vincent and the Grenadines increased for the second consecutive year. In 2020, exports were valued at 59 086 US dollars, up 62.4% from 2019. Over the 2017-2020 period, export value grew by 102.1%, with a compound annual growth rate of 26.4%. The lowest value was recorded in 2018 at 22 650 US dollars, which saw a 22.5% decline that year.

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

In terms of value, the primary destinations for Saint Vincent and the Grenadines' exports of wheat bran, sharps, and residues from 2017 to 2020 were Barbados, Saint Lucia, and Trinidad and Tobago. Barbados held a 49.6% share of export value, Saint Lucia 27.6%, and Trinidad and Tobago 11.4%. Collectively, these markets made up 88.6% of total export flows.

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

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

Imports wheat bran, sharps and residues to Saint Vincent and the Grenadines

Imports in kind, t

In 2018, Saint Vincent and the Grenadines imported a total of value_last_year tonnes of wheat bran, sharps, and residues, which represented a dramatic increase of 1 587.6% compared to the previous year.

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

From 2017 to 2020, imports of wheat bran, sharps, and residues to Saint Vincent and the Grenadines were almost entirely sourced from the United States, which accounted for 100.0% of total import volume.

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

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

Imports in value, $ US

In 2018, Saint Vincent and the Grenadines imported wheat bran, sharps, and residues valued at value_last_year US dollars, corresponding to a sharp 89.3% rise from the previous year.

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

During the 2017-2020 period, the United States dominated imports of wheat bran, sharps, and residues to Saint Vincent and the Grenadines in value terms, with a 100.0% share of total import flows.

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

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