Earlier Report Observations
From 2018 to 2020, the beef and buffalo meat market in Belize contracted, with volume falling from 1 791 t to 1 582 t. During this phase, the domestic cattle industry demonstrated potential for growth, while buffalo meat started to attract consumer interest in local markets owing to its perceived nutritional benefits.
A steady recovery began in 2021, lifting the market volume to 1 907 t by 2023. This expansion aligned with a broader consumer shift toward healthier, low-fat protein sources, which strengthened demand for buffalo meat in Belize.
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, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 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 Belize
- 5.1.1. Annual dynamics of production in Belize in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Belize 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 Belize
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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, kg
- 6.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, kg
- 6.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, $ US
- 6.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
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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, kg
- 6.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2025, kg
- 6.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2025, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2025, $ US
- 6.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2025, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2025, $ US/t
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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, kg
- 7.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2025, kg
- 7.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, $ US
- 7.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ US/t
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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, kg
- 7.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2025, kg
- 7.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2025, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2025, $ US
- 7.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2025, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2025, $ US/t
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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, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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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 Belize
In kind, 2018-2021, t
Top producers of beef and buffalo meat, 2018-2021
World map of production of beef and buffalo meat, 2018-2021
Belize's beef and buffalo meat production volume increased after two consecutive years of decline. In 2021, the country produced 1 660 tons, marking a moderate 5.2% increase from the previous year. Looking at the broader period from 2018 to 2021, production fell by 6.9%, which translates to an average annual decline of 2.4%. The lowest production level was recorded in 2020 at 1 578 tons, which also saw the largest year-on-year decrease of 9.5%.
Annual dynamics of production in Belize in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.2%) | (9.5%) | 5.2% | (2.4%) |
Exports beef and buffalo meat from Belize
According to industry reports, Belize did not export any beef and buffalo meat between 2018 and 2021.
Imports beef and buffalo meat to Belize
Imports in kind, kg
The data shows irregular changes, pointing to a volatile market environment. The lowest import volume was recorded in 2020 at 4 280 kg, while the highest was in 2021 at 7 876 kg, representing an 84.0% increase from the previous year. The peak-to-trough ratio between these years was 1.8 times. The largest decline occurred in 2019, with a drop of 31.3%.
Annual dynamics of product's imports to Belize in kind, 2018-2021, kg
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (31.3%) | (19.3%) | 84.0% | 0.7% |
From 2018 to 2021, Belize's beef and buffalo meat imports were heavily dependent on the United States, which accounted for 99.5% of total import volumes.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Belize in kind, 2018-2021
Imports in value, $ US
After two years of decline, Belize's beef and buffalo meat import values increased. In 2021, imports totaled 20 040 US dollars, up 4.5% from 2020. Over the 2018–2021 period, import values decreased by 60.4%, with a compound annual growth rate of -26.5%. The lowest value was recorded in 2020 at 19 176 US dollars, while the largest decline occurred in 2019, falling by 55.7%.
Annual dynamics of product's imports to Belize in value, 2018-2021, $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (55.7%) | (14.5%) | 4.5% | (26.5%) |
Throughout 2018–2021, the United States dominated the geographical structure of Belize's beef and buffalo meat imports in value terms, accounting for 99.6% of total import flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Belize in value, 2018-2021
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