Browse Data and Analysis

The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.

Guatemala’s imports of consumer-oriented products continue to grow, reaching $886 million in 2024, a 14 percent increase that surpassed imports of bulk and intermediate products by nearly 50 percent.

While Nigeria has a long history of subsistence-based milk production, urbanization is driving increased consumption of non-traditional dairy products.

In 2024, Nigeria created the Federal Ministry of Livestock Development to unlock potential in the country’s vast but underdeveloped livestock sector. The Ministry’s leadership has focused on increasing commercial productivity, which may lead to more interest in U.S. live animal, genetics, and animal feed product exports.

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

Guatemala’s coffee production areas remain stable, with gradual increases in output as ongoing renovation efforts begin to show results.

FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.

In MY 2023/24, Guatemala ranked as the world’s second most efficient sugarcane producer and fourth in overall sugar production efficiency. For MY 2025/26, production is forecast to remain steady, with planted and harvested areas unchanged from the previous two years, and growth expected in MY 2026/27.

Rice production in Guatemala is slowly declining due to limited access to improved seed varieties and an insufficient domestic supply of locally developed seeds.

This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.

This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.

The food and beverage processing industry in Guatemala includes around 2,200 companies and plays a crucial role in the country's economy, contributing to employment, exports, and domestic food security.