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attributable to increased domestic demand for bottled water particularly during the post hurricane Tomas period. Table 3: Production of Food & Beverages (EC$ Millions) Commodity 2007 2008 2009 2010 Change Food Products 11.7 10.9 10.2 8.3 -18.4% Non-Alcoholic Beverages 16.3 16.2 17.2 20.9 21.9% Alcoholic Beverages 53.3 46.5 55.2 55.5 0.6% Total 81.3 73.6 82.5 84.7 2.7% Production of alcoholic beverages was relatively unchanged in 2010, albeit posting a marginal increase of 0.6 percent. In the first half of the year, growth of 2.8 percent was registered in the value of alcoholic beverages, owing to the introduction of a new rum product (Chairman Silver) for export to the US market. Higher export demand and the introduction of some new beverages on the market also contributed to this favourable outturn. However, as a result of a weak performance in the third quarter, the value of output declined by 1.2 percent in the second half occasioned by the passage of hurricane Tomas in the fourth quarter, which dampened overall demand during the Christmas season. The decline in the value of food products was indicative of the adverse impact of the drought on domestic supplies of agricultural inputs in the first half of 2010, compounded by the hurricane. Electrical Products Over the review period, the value of electrical products increased by 7.1 percent to $37.8 million due to production of the more highly priced digital filters. Paper and Paperboards In 2010, the value of production of corrugated paper and paper products decreased by 12.8percent to $22.5 million on account of lower production of banana boxes. This was influenced by a considerable fall in Saint Lucia‟s banana exports to the United Kingdom, 18
which led to a 46.1 percent contraction in the total value of banana boxes to $4.0 million. During the review period, export demand weakened due to a substantial loss of market share in Dominica, amidst intense competition from other suppliers. However, the value of commercial boxes produced inched up by 0.9 percent to $18.5 million, partly reflecting increased volumes. The share of the domestic market for commercial boxes remained unchanged at 90.0percent. Other Products The other sub-sectors which together accounted for 15.1 percent of the total value of manufacturing output, expanded by 18.5 percent to $26.3 million in 2010. There was a significant increase in the value of furniture produced from $2.1 million to $6.2 million, owing to a rise in exports to the sub-region. Notably, the value of basic industrial chemicals more than doubled from $0.8 million to $2.1 million. Increases of 10.7 percent and 2.4 percent were posted in the value of plastic products and wood & wood products respectively. The value of metal roofing products contracted further by 17.9percentto $9.7 million in 2010, driven by a decline of almost half in the first half of the year. This overshadowed the 28.5 percent growth recorded in the second half, suggesting a pick up of construction and renovation activity by both commercial houses and private dwellings, particularly in the aftermath of hurricane Tomas. 19
Page 2 and 3: NOTE /ACKNOWLEDGEMENT The data cont
Page 4 and 5: List of Tables Page 1. Selected Glo
Page 6 and 7: Area SAINT LUCIA - DATA SHEET (Squa
Page 9 and 10: CHAPTER ONE EXTERNAL ECONOMIC DEVEL
Page 11 and 12: The adverse effects of the financia
Page 13 and 14: 61.2 percent of GDP. The external c
Page 15 and 16: Growth in the tourism sector is est
Page 17 and 18: oxes and clothing materials account
Page 19 and 20: for 42.2 percent of stay-over arriv
Page 21 and 22: ates posted by some hotels. All cat
Page 23 and 24: Additionally, the decline of 30.4 p
Page 25: During 2010, the performance of the
Page 29 and 30: Economic Infrastructure During the
Page 31 and 32: Table 5: Summary of Expenditure on
Page 33 and 34: TRANSPORT Preliminary indicators su
Page 35 and 36: US$ per barrel Road Transport The c
Page 37 and 38: Reflective of growing demand, elect
Page 39 and 40: have increased by 11.5 percent in 2
Page 41 and 42: 2000/01 2001/02 2002/03 2003/04 200
Page 43 and 44: EC$M) Non-Tax Revenue Despite a 16.
Page 45 and 46: Current Transfers Spending on curre
Page 47 and 48: million. There was also an increase
Page 49 and 50: epresenting 25.3 percent of central
Page 51 and 52: Credit by Economic Activity A revie
Page 53 and 54: Insurance 4 The global financial cr
Page 55 and 56: Financial Performance The industry
Page 57 and 58: CHAPTER SIX EXTERNAL SECTOR TRADE A
Page 59 and 60: upward movement of 16.9 percent was
Page 61 and 62: estimated pick-up in remittances fr
Page 63 and 64: An analysis of the population data
Page 65 and 66: Recurrent expenditure per primary s
Page 67 and 68: Efficiency The number of dropouts h
Page 69 and 70: Quality The number of teachers incr
Page 71 and 72: Skills Training The National Enrich
Page 73 and 74: Notwithstanding the dampening effec
Page 75 and 76: CENTRAL GOVERNMENT FISCAL OPERATION
Page 77 and 78:
Economic Activity 2000 2001 2002 20
Page 79 and 80:
TABLE 4 (Rebased) Gross Domestic Pr
Page 81 and 82:
2001r 2002r 2003r 2004r 2005r 2006r
Page 83 and 84:
TABLE 8 MONTHLY ARRIVALS BY CATEGOR
Page 85 and 86:
Period 2000 2001 2002 2003 2004 200
Page 87 and 88:
Country 1997 1998 1999 2000 2001 20
Page 89 and 90:
TABLE 18 EGG PRODUCTION 2004 2005 2
Page 91 and 92:
TABLE 24 MANUFACTURING PRODUCTION C
Page 93 and 94:
TABLE 26 AIRPORT TRAFFIC STATISTICS
Page 95 and 96:
2004 2005 2006 2007 2008r 2009r 201
Page 97 and 98:
2001 2002 2003 2004 2005 2006 2007
Page 99 and 100:
TABLE 33 CONSUMER PRICE INDEX Annua
Page 101 and 102:
2002/03 2003/04 2004/05 2005/06r 20
Page 103 and 104:
2002/03 2003/04 2004/05 2005/06 200
Page 105 and 106:
TABLE 40 TOTAL PUBLIC SECTOR OUTSTA
Page 107 and 108:
TABLE 42 DISTRIBUTION OF GOVERNMENT
Page 109 and 110:
LISTING OF OFFICIAL DEBT as at Dece
Page 111 and 112:
LISTING OF OFFICIAL DEBT as at Dece
Page 113 and 114:
TABLE 45 Composition of Debt by Eco
Page 115 and 116:
DEPOSITS 2003 2004 2005r 2006 2007
Page 117 and 118:
2004 2005 2006 2007 2008 2009 2010
Page 119 and 120:
2003 2004 2005 2006 2007 2008r 2009
Page 121 and 122:
TABLE 55 IMPORTS BY STANDARD INTERN
Page 123 and 124:
TABLE 59 DOMESTIC EXPORTS BY STANDA
Page 125 and 126:
TABLE 62 BALANCE OF PAYMENTS (EC$Mi
Page 127 and 128:
TABLE 64 ESTIMATED MID-YEAR POPULAT
Page 129 and 130:
TABLE 66 PRIMARY SCHOOLS ANALYSIS O
Page 131 and 132:
TABLE 68 CAMBRIDGE ADVANCED LEVEL E
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