What is the price of milk & cream per kilogram/pound in Barbados today?
The retail price range for Barbados milk & cream is between US$ 4.42 and US$ 8.35 per kilogram or between US$ 2.00 and US$ 3.79 per pound(lb). Click here to see today's exact prices of milk & cream in Barbados
The retail price range in Barbados Dollar for milk & cream is between BBD 8.84 and BBD 16.71 per kilogram or between BBD 4.01 and BBD 7.58 per pound(lb) in Bridgetown and Holetown.
Wholesale prices
In 2024, the approximate wholesale price range for Barbados milk & cream is between US$ 3.09 and US$ 5.85 per kilogram or between US$ 1.40 and US$ 2.65 per pound(lb).
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Barbados Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Barbados over the last five years has seen a steady decline. In 2017, the price was 0.38 US $ per kg, followed by 0.27 US $ per kg in 2018. In 2019, the price increased to 0.38 US $ per kg, before rising to 0.99 US $ per kg in 2020. The price then jumped to 1.51 US $ per kg in 2021 and 1.13 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Milk & Cream from Barbados in 2023 will be 0.90 US $ per kg and 0.77 US $ per kg in 2024.The milk & cream exports from Barbados are classified as:
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
Barbados Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Barbados over the last five years has been relatively stable. In 2017, the price was $0.38, followed by a slight decrease to $0.27 in 2018. The price then increased to $0.38 in 2019 before reaching a peak of $0.99 in 2020. The price then dropped to $1.51 in 2021 before settling at $1.13 in 2022. Based on this data, it is likely that the import price per kilogram of Milk & Cream into Barbados will remain relatively stable in the next two years, with a predicted price of $1.13 for 2023 and $1.14 for 2024.Export values for Barbados milk & cream
The total values in export for milk & cream in Barbados were US$ 357, US$ 270, US$ 231 and US$ 118 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Barbados: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Caribbean: Aruba milk & cream, Bahamas milk & cream, Barbados milk & cream, Cuba milk & cream, Dominican Republic milk & cream, Grenada milk & cream, Guadeloupe milk & cream, Haiti milk & cream, Jamaica milk & cream & Martinique milk & cream.
Barbados milk & cream - Production, Exports, Imports, Seasons and HS Codes
The volume of milk & cream shipped by Barbados in 2020 was 179 tonnes. In 2019 Barbados sold 314 tonnes of milk & cream. Through 2019 alone, the market for Barbados milk & cream (processed category) has decreased, with a change of -62.972 % compared to the year 2018. Between 2017 and 2019, milk & cream's exports decreased by -56.27 percent earning the country US$0.12m for the year 2019. Barbados' milk & cream exports are classified as:
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
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Barbados milk & cream export values
In 2019, Barbados supplied milk & cream with a value of 0.12m USD, a contraction of -48.05% from 2018's total milk & cream export of 0.231m USD. The annual change in value of Barbados milk & cream between 2017 to 2018 was -14.444%.
The annual/yearly change in the quantity of Barbados' milk & cream exports between 2017 and 2019 was -56.27 per cent compared to a variation of -62.972% in the period between 2018 and 2019.
Export markets for Barbados milk & cream ( in '000$ )
Barbados' best performing export markets for milk & cream are Guyana, Trinidad and Tobago, Saint Vincent and the Grenadines, Saint Lucia and Grenada.
Barbados ordered 2,026 tonnes of milk & cream in 2019.