Antigua and Barbuda: Milk Market Overview 2020

Milk Market Size in Antigua and Barbuda

The revenue of the milk market in Antigua and Barbuda amounted to $X in 2018, picking up by X% against the previous year. Overall, milk consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the milk market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Milk Production in Antigua and Barbuda

In value terms, milk production stood at $X in 2018 estimated in export prices. Overall, milk production continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Over the period under review, milk production attained its peak figure level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Average yield of milk in Antigua and Barbuda totaled X kg per head in 2018, remaining relatively unchanged against the previous year. Overall, the milk yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when yield increased by X% year-to-year. Over the period under review, the average milk yield reached its maximum level at X kg per head in 2009; however, from 2010 to 2018, yield failed to regain its momentum.

In 2018, approx. X heads of producing animals were grown in Antigua and Barbuda; coming down by -X% against the previous year. Over the period under review, the number of animals for milk production continues to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2011 when the number of producing animals increased by X% year-to-year. Number of animals for milk production peaked at X heads in 2008; however, from 2009 to 2018, producing animals remained at a lower figure.

Milk Exports

Exports from Antigua and Barbuda

In 2018, the milk exports from Antigua and Barbuda stood at X tonnes, lowering by -X% against the previous year. Overall, milk exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. In that year, milk exports reached their peak of X tonnes. From 2010 to 2018, the growth of milk exports failed to regain its momentum.

In value terms, milk exports amounted to $X in 2018. Overall, milk exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. In that year, milk exports attained their peak of $X. From 2010 to 2018, the growth of milk exports remained at a somewhat lower figure.

Milk Imports

Imports into Antigua and Barbuda

Milk imports into Antigua and Barbuda amounted to X tonnes in 2018, going up by X% against the previous year. Over the period under review, milk imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, milk imports reached their peak figure at X tonnes in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, milk imports stood at $X in 2018. Over the period under review, milk imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Source: IndexBox AI Platform