Caribbean Basin: Retail Foods

  |   Attaché Report (GAIN)   |   C12023-0001

Sales in the Caribbean retail grocery sector decreased by 1.7 percent in 2022, primarily as the result of closing retail outlets in the French West Indies. At the same time, the region increased imports of consumer-oriented agricultural products by 18 percent, reaching an estimated $3 billion. Moderate growth is expected as the region continues to recover from the COVID-19 pandemic and markets such as Guyana and Turks and Caicos Islands emerge as larger players in the regional context.

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