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Caribbean Export Development Agency Conduct a Study on the Demand for Specialty Foods in CARIFORUM Market Submitted to: Caribbean Export Development Agency September, 2015 Poincetta Drive, PO Box 454, St. Aroment Commonwealth of Dominica Tel: 767-277-6233 or 954-762-7403 Email: [email protected] or [email protected] Contents 1. Background ............................................................................................................................. 6 1.1. Study Rationale .................................................................................................................... 8 1.2. Executive Summary ............................................................................................................. 9 2. Regulatory and Trade Agreements ......................................................................................... 9 2.1. The CARICOM Single Market and Economy (CSME) ...................................................... 9 2.2. Other measures: ................................................................................................................. 10 2.3. Article 164 ......................................................................................................................... 11 3. Regional Overview ............................................................................................................... 12 3.1. Summary ............................................................................................................................ 12 3.2. Market Share ...................................................................................................................... 13 3.3. Consumer Survey Summary .............................................................................................. 16 3.4. Importer/Distributor ........................................................................................................... 16 3.4.1. Survey Results ................................................................................................................ 16 3.5. CARIFORUM Manufacturers Benchmarking ................................................................... 20 3.5.1. Coconut .......................................................................................................................... 21 3.5.1.1. Coconut Oil................................................................................................................. 21 3.15. Import Duties.................................................................................................................. 36 3.16. Country Reports ............................................................................................................. 37 3.16.1. Antigua & Barbuda ..................................................................................................... 37 3.16.1.1. Country Overview ...................................................................................................... 37 3.16.1.2. Market Size ................................................................................................................. 37 3.16.1.3. Other Market Considerations...................................................................................... 37 3.16.1.4. Consumers Survey Summary ..................................................................................... 38 3.16.1.5. Key Supermarkets....................................................................................................... 39 3.16.1.6. Manufacturers ............................................................................................................. 40 3.16.1.7. Importers/Distributors ................................................................................................ 40 3.16.2. Regulatory Conditions ................................................................................................ 41 3.16.4. Duties and Taxes ........................................................................................................ 42 3.16.5. Other conditions ......................................................................................................... 43 3.16.6. Market Opportunities .................................................................................................. 43 2 3.16.6.1. CARIFORM Suppliers ............................................................................................... 43 3.16.6.2. International Competition Antigua ............................................................................. 44 3.17. St. Lucia ......................................................................................................................... 46 3.17.1.1. Country Overview ...................................................................................................... 46 3.17.1.2. Market Size ................................................................................................................. 46 3.17.1.3. Other Market Considerations...................................................................................... 47 3.17.1.4. Consumers .................................................................................................................. 47 3.17.1.5. Supermarkets St. Lucia ............................................................................................... 48 3.17.1.6. Manufacturers St. Lucia ............................................................................................ 48 3.17.1.7. Importers/Distributors ................................................................................................ 49 3.17.1.8. Regulatory Conditions ................................................................................................ 51 3.17.1.9. Duties and Taxes ........................................................................................................ 52 3.17.1.10. Price Control ........................................................................................................... 53 3.17.2. Competitor & Trending Analysis ............................................................................... 53 3.17.2.1. CARIFORUM ............................................................................................................ 53 3.17.2.2. International ................................................................................................................ 54 3.17.3. Barbados ..................................................................................................................... 56 3.17.3.1. Country Overview ...................................................................................................... 56 3.17.3.2. Market Size ................................................................................................................. 56 3.17.3.3. Other Market Considerations...................................................................................... 56 3.17.3.4. Consumers Survey Results ......................................................................................... 57 3.17.3.5. Supermarkets .............................................................................................................. 58 3.17.3.6. Manufacturers Barbados ............................................................................................. 58 3.17.3.7. Importers/Distributors ................................................................................................ 60 3.17.3.8. Regulatory Conditions ................................................................................................ 60 3.17.3.8.1. Duties and Taxes ..................................................................................................... 61 3.17.4. Competitor and Trending Analysis............................................................................. 62 3.17.4.1. CARIFORUM ............................................................................................................ 62 3.17.4.2. International ................................................................................................................ 62 3.17.5. Trinidad & Tobago ..................................................................................................... 64 3.17.5.1. Country Overview ...................................................................................................... 64 3.17.5.2. Market Size ................................................................................................................. 65 3.17.5.3. Other Market Considerations...................................................................................... 65 3.17.5.4. Consumers Survey Summary ..................................................................................... 66 3 3.17.5.5. Supermarkets .............................................................................................................. 67 3.17.5.6. Manufacturers ............................................................................................................. 67 3.17.5.7. Importers/Distributors ................................................................................................ 70 3.17.5.8. Regulatory Conditions ................................................................................................ 70 3.17.5.8.1. Duties and Taxes ..................................................................................................... 71 3.17.5.9. Market Opportunities .................................................................................................
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