Earlier Report Observations
The market for dried shelled beans in Barbados displayed considerable volatility between 2018 and 2023. After starting at 204.7 tons in 2018, the market volume dipped slightly the following year before surging to a high of 256 tons in 2020.
A sharp contraction followed in 2021, bringing the market down to 189.8 tons. The subsequent recovery was strong, with volumes climbing to 213.1 tons in 2022 and reaching a new peak of 266.8 tons in 2023, marking an overall increase of approximately 30% for the period.
Domestic production remained stable at just under 120 tons annually throughout these years, indicating the market's total size movements were driven by factors other than changes in local output.
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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Barbados 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 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Barbados, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Barbados 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 dried shelled beans in Barbados
In kind, 2017-2020, t
Top producers of dried shelled beans, 2017-2020
World map of production of dried shelled beans, 2017-2020
In Barbados, dried shelled bean production reached 119.5 tonnes in 2020, showing minimal change from the previous year. Production peaked in 2018 at 120.8 tonnes, with the largest annual increase of 1.6% recorded that year. The most significant decline occurred in 2019, when production fell by 1.5%.
Annual dynamics of production in Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.6% | (1.5%) | 0.5% | 0.2% |
Exports dried shelled beans from Barbados
Market analysis indicates that Barbados did not export any dried shelled beans between 2017 and 2020.
Imports dried shelled beans to Barbados
Imports in kind, t
The market for dried shelled bean imports in Barbados displayed volatility from 2017 to 2020. Imports reached their lowest point in 2019, declining by 11.2% from the previous year. However, they rebounded sharply in 2020, increasing by 83.1% to 136.5 tonnes. Over the entire period, the difference between the peak and trough was 2.1 times.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.8% | (11.2%) | 83.1% | 28.3% |
From 2017 to 2020, the United States and Belize were the primary suppliers of dried shelled beans to Barbados, together accounting for 93.0% of total imports by volume. The remaining share was distributed among various other countries.
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
The value of dried shelled bean imports in Barbados experienced noticeable fluctuations between 2017 and 2020. Imports bottomed out in 2017 and peaked in 2020, with a 2.2-fold difference between these years. In 2019, imports declined by 9.9%, but they surged by 91.7% year-on-year in 2020 to reach 224.4 thousand US dollars.
Annual dynamics of product's imports to Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 26.3% | (9.9%) | 91.7% | 29.7% |
Throughout the 2017-2020 period, the United States was the leading source of imports by value, capturing 72.9% of total flows. The remainder was spread across several smaller markets.
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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