Earlier Report Observations
The market volume for beef, sheep, and goat fats in Barbados exhibited significant volatility across the 2018–2023 period. Starting at 12.1 thousand kg in 2018, consumption contracted sharply to 9.0 thousand kg in 2019, then saw a modest recovery to 9.5 thousand kg in 2020.
A further decline to 7.7 thousand kg occurred in 2021, followed by a strong rebound to 11.4 thousand kg in 2022. The market stabilized at 11.7 thousand kg in 2023, marking a return to levels close to those seen at the start of the interval.
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, kg
- 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, kg
- 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, kg
- 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, kg
- 6.1.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, $ 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, kg
- 6.2.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Barbados by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's imports to Barbados in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Barbados by countries, 2018-2024, $ 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. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ 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, sheep or goat fat in Barbados
In kind, 2017-2020, kg
Top producers of beef, sheep or goat fat, 2017-2020
World map of production of beef, sheep or goat fat, 2017-2020
Barbados produced 9,480 kg of beef, sheep, or goat fat in 2020, representing a 5.7% increase from 2019. Over the 2017-2020 period, production grew by 7.1%, with an average annual growth rate of 2.3%. The highest production level was recorded in 2018 at 9,590 kg, which marked an 8.4% increase. In contrast, 2019 saw the largest decline, with production falling by 6.5%.
Annual dynamics of production in Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.4% | (6.5%) | 5.7% | 2.3% |
Exports beef, sheep or goat fat from Barbados
According to market overview data, Barbados did not export any beef, sheep, or goat fat between 2017 and 2020.
Imports beef, sheep or goat fat to Barbados
Imports in kind, kg
In 2018, Barbados imported 2,513 kg of beef, sheep, or goat fat from abroad, which represented a sharp decline of 37.4% compared to 2017.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (37.4%) | n/a | n/a | - |
From 2017 to 2020, Canada and the United States were the sole suppliers of beef, sheep, or goat fat to Barbados, together accounting for 100.0% of total imports in volume.
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, $ US
Barbados's imports of beef, sheep, or goat fat totaled $3,568 in 2018, showing a steep year-over-year decrease of 49.6%.
Annual dynamics of product's imports to Barbados in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (49.6%) | n/a | n/a | - |
During the 2017-2020 period, Canada and the United States dominated Barbados's imports in value terms, with their combined share reaching 100.0% of total import flows.
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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