The war had removed Bermuda's primary trading partners, the American colonies, from the empire, and dealt a harsh blow to Bermuda's merchant shipping trade. This also suffered due to the deforestation of Bermuda, as well as the advent of metal ships and steam propulsion, for which it did not have raw materials. During the course of the following War of 1812, the primary market for Bermuda's salt disappeared as the Americans developed their own sources. Control of the Turks had passed to the Bahamas in 1819.
Why didn't Bermuda produce metal ships?
it did not have raw materials