Earlier Report Observations
The beef and buffalo meat market in Barbados experienced significant volume swings between 2018 and 2023. Consumption rose to 2 244 t in 2019, then contracted over the next two years to a low of 1 981 t in 2021. A sharp rebound followed in 2022, with the market reaching 2 544 t, before a slight correction to 2 466 t in 2023.
Local production played a minor role, averaging under 180 t per year, leaving imports as the primary determinant of market size. Import trends closely tracked total consumption, peaking at 2 343 t in 2022 to drive that year's market high.
For 2024, revised import regulations were implemented, including new export certificate requirements for meat shipments to Barbados and mandatory permits for personal imports. Concurrently, local producers emphasized consumer preference for high-quality, grass-fed beef from domestic livestock.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Barbados
- 5.1.1. Annual dynamics of production in Barbados in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Barbados in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Barbados
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Barbados in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production beef and buffalo meat in Barbados
In kind, 2017-2020, t
Top producers of beef and buffalo meat, 2017-2020
World map of production of beef and buffalo meat, 2017-2020
Barbados produced 182.0 tonnes of beef and buffalo meat in 2020, representing a modest 5.5% increase compared to the previous year. Over the 2017-2020 period, production grew by 11.6%, with an average annual growth rate of 3.7%. The largest decline occurred in 2019 at 1.8%, while the most significant increase was recorded in 2018 at 7.7%.
Annual dynamics of production in Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.7% | (1.8%) | 5.5% | 3.7% |
Exports beef and buffalo meat from Barbados
Exports in kind, t
In 2020, Barbados exported 0.1 tonnes of beef and buffalo meat, marking a substantial year-over-year increase of 219.2%.
Annual dynamics of product's exports from Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 219.2% | - |
From 2017 to 2020, Barbados' exports in kind were primarily directed to Saint Vincent and the Grenadines and Trinidad and Tobago, which together accounted for 100.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Barbados in kind, 2017-2020
Exports in value, K $ US
Barbados exported beef and buffalo meat worth 1 000 US dollars in 2020, representing a 62.0% decrease compared to the previous year.
Annual dynamics of product's exports from Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (62.0%) | - |
Between 2017 and 2020, Barbados' beef and buffalo meat exports in value terms were almost entirely tied to Saint Vincent and the Grenadines, which accounted for 97.5% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Barbados in value, 2017-2020
Imports beef and buffalo meat to Barbados
Imports in kind, t
Barbados imported 1 856 tonnes of beef and buffalo meat in 2020, which is 10.4% less than the previous year. Over the 2017-2020 period, imports decreased by 12.1%, equating to an average annual decline of 4.2%. The largest increase was recorded in 2019 at 5.7%.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.2%) | 5.7% | (10.4%) | (4.2%) |
From 2017 to 2020, Uruguay (37.4% of imports in kind), the United States (32.1% of imports in kind), and New Zealand (20.4% of imports in kind) were the key sources for Barbados' imports in kind, together accounting for 89.8% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Barbados in kind, 2017-2020
Imports in value, K $ US
After a two-year uptick, beef and buffalo meat imports to Barbados declined. In 2020, Barbados imported beef and buffalo meat worth 10 542 000 US dollars, showing a significant 13.2% decrease compared to 2019. The maximum value was recorded in 2019 at 12 142 000 US dollars, which also saw the largest increase at 9.8%.
Annual dynamics of product's imports to Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.6% | 9.8% | (13.2%) | (0.1%) |
Between 2017 and 2020, the United States (45.4% of imports in value terms), Uruguay (28.4% of imports in value terms), and New Zealand (18.2% of imports in value terms) remained the principal suppliers of beef and buffalo meat to Barbados, jointly accounting for 91.9% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Barbados in value, 2017-2020
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