Earlier Report Observations
From 2018 to 2021, the beef and buffalo meat market in Suriname saw steady growth, with total volume rising from 1 784 t to 2 070 t. This increase was driven by higher domestic production, which climbed to 1 821 t, and growing imports, which reached 249 t in 2021.
The market contracted in 2022 and 2023, falling to 2 009 t and then to 1 827 t. This decline occurred alongside a reduction in production to 1 650 t and a significant drop in imports to 177 t by 2023.
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 Suriname
- 5.1.1. Annual dynamics of production in Suriname in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Suriname 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 Suriname
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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 Suriname in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Suriname 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 Suriname in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Suriname 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Suriname, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Suriname by countries, 2018-2024, $ 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, t
- 6.2.2.1. Annual dynamics of product's imports to Suriname in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Suriname 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 Suriname in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Suriname 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Suriname, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Suriname by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production beef and buffalo meat in Suriname
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
Suriname's beef and buffalo meat production has increased for the second consecutive year. In 2020, the country produced 1 783 tonnes, marking a 7.7% rise compared to the previous year. However, looking at the broader period from 2017 to 2020, overall production actually decreased by 6.3%, which translates to an average annual decline of 2.1%. The lowest production level was recorded in 2018 at 1 616 tonnes, when output fell by 15.1%—the largest drop observed during this timeframe.
Annual dynamics of production in Suriname in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.1%) | 2.5% | 7.7% | (2.1%) |
Exports beef and buffalo meat from Suriname
Exports in kind, t
Annual dynamics of product's exports from Suriname in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Guyana served as the primary and nearly exclusive market for Suriname's beef and buffalo meat exports in volume terms, accounting for 100.0% of total shipments.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Suriname in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Suriname in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017–2020 period, Guyana accounted for almost all of Suriname's beef and buffalo meat exports in value terms, with a share of 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Suriname in value, 2017-2020
Imports beef and buffalo meat to Suriname
Imports in kind, t
Suriname's beef and buffalo meat imports have risen for the second year in a row. In 2020, imports reached 230.3 tonnes, showing a modest 10.0% increase from 2019. Over the 2017–2020 span, imports grew by 2.1%, with a compound annual growth rate of 0.7%. The lowest import volume was in 2018 at 167.9 tonnes, when imports fell by 25.6%—the steepest decline in this period. This was followed by a significant rebound in 2019, with imports surging by 24.6%.
Annual dynamics of product's imports to Suriname in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (25.6%) | 24.6% | 10.0% | 0.7% |
Between 2017 and 2020, the United States was the nearly sole supplier of beef and buffalo meat to Suriname, representing 97.0% of total imports in volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Suriname in kind, 2017-2020
Imports in value, K $ US
Suriname's beef and buffalo meat imports in value terms have increased for two consecutive years. In 2020, imports were recorded at 928.3 thousand US dollars, up 32.8% year-over-year. Over the 2017–2020 period, imports rose by 10.1%, with a compound annual growth rate of 3.3%. The lowest value was in 2018 at 499.0 thousand US dollars, when imports dropped by 40.8%—the largest decrease. This was followed by a sharp recovery in 2019, with imports climbing 40.1%.
Annual dynamics of product's imports to Suriname in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (40.8%) | 40.1% | 32.8% | 3.3% |
From 2017 to 2020, the United States was the dominant source for Suriname's beef and buffalo meat imports in value terms, consistently making up 96.0% of the total.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Suriname in value, 2017-2020
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