Page 54 - SAC-Gender-Responsive-Market-Analysis-Final-Report-July-19-2021 (1)

3. Markets

St Lucia production costs & market pricing

Vegetables Roots & Tubers
Production & Pricing This details the average production cost and pricing in
USD/KG Lettuce Cabbage Tomatoes Bell Sweet Potato Dasheen
Peppers the current market:
Production cost
farm costs $ 1.30 $ 0.56 $ 0.51 $ 1.34 $ 0.40 $ 0.31
Local Market channel
cash margin (av) $ 0.58 $ 0.11 $ 0.83 $ 0.35 $ 0.37 $ 0.45 • Production costs are based primarily on CARDI,
% margin (av) 31% 17% 62% 21% 48% 59% FAOSTAT and Caribbean data.
farm gate price $ 1.88 $ 0.67 $ 1.34 $ 1.69 $ 0.77 $ 0.77
distribution $ 0.34 $ 0.34 $ 0.34 $ 0.34 $ 0.20 $ 0.20 • Local market pricing is based on average delivered
market price $ 2.22 $ 1.01 $ 1.69 $ 2.04 $ 0.96 $ 0.96
Retail channel prices into local food vendors.
cash margin (av) $ 0.76 $ 0.77 $ 1.94 $ 1.42 $ 1.07 $ 0.81
% margin (av) 37% 58% 79% 51% 73% 72% • Retail pricing is based on the average delivered
farm gate price $ 2.06 $ 1.33 $ 2.45 $ 2.76 $ 1.47 $ 1.12
distribution $ 0.34 $ 0.34 $ 0.34 $ 0.34 $ 0.20 $ 0.20 price paid by MASSY Stores
retail price $ 2.40 $ 1.67 $ 2.80 $ 3.10 $ 1.67 $ 1.32 • Hotel & Restaurant pricing is based on delivered
Hotel channel
cash margin (av) $ 1.50 $ 0.95 $ 2.82 $ 2.15 $ 1.39 $ 1.47 prices paid by the food service sector
% margin (av) 54% 63% 85% 62% 78% 82%
farm gate price $ 2.80 $ 1.51 $ 3.34 $ 3.49 $ 1.79 $ 1.79 • Processing prices for added-value products such as
distribution $ 0.34 $ 0.37 $ 0.34 $ 0.34 $ 0.20 $ 0.20
hotel price $ 3.14 $ 1.85 $ 3.68 $ 3.83 $ 1.99 $ 1.98 sweet potato fries and flour are based on retail shelf
Restaurant channel prices less retail margins, average manufacturing
cash margin (av) $ 2.84 $ 0.65 $ 3.22 $ 3.21 $ 1.04 $ 1.49
% margin (av) 69% 54% 86% 71% 72% 83% costs and distribution.
farm gate price $ 4.14 $ 1.21 $ 3.73 $ 4.55 $ 1.43 $ 1.80
distribution $ 0.34 $ 0.34 $ 0.34 $ 0.34 $ 0.20 $ 0.20
restaurant price $ 4.48 $ 1.55 $ 4.07 $ 4.89 $ 1.63 $ 2.00
sweet potato sweet potato
Processing channel
fries flour
cash margin (av) $ 1.38 $ 0.80
% margin (av) 78% 72%
farm gate price $ 1.78 $ 1.11
manufacturing cost $ 2.67 $ 1.67
distributor @15% $ 1.33 $ 0.83
retail margin @35% $ 3.11 $ 1.94
processed goods price $ 8.89 $ 5.56

Sustainable Agriculture in the Caribbean (SAC) Project

Slide 54