Earlier Report Observations
The goat meat market in Barbados experienced notable fluctuations between 2018 and 2023. After growing from 37 972 kg to 43 367 kg in 2019, the market contracted to 35 717 kg in 2020 before recovering to over 42 000 kg in the following years, peaking at 43 761 kg in 2022 and stabilizing at 43 352 kg in 2023.
These movements were primarily driven by changes in import volumes, which ranged from a low of 6 327 kg in 2020 to a high of 14 091 kg in 2022. Domestic production, in contrast, showed gradual growth from 29 220 kg to 29 780 kg over the same period.
Imports rose sharply to 26 052 kg in 2024.
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, 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, 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, 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, kg
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 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 goat meat in Barbados
In kind, 2017-2020, kg
Top producers of goat meat, 2017-2020
World map of production of goat meat, 2017-2020
Barbados has seen goat meat production rise for the third year in a row. In 2020, the country produced 29 390 kg of goat meat, maintaining a level similar to the previous year.
Annual dynamics of production in Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.8% | 0.2% | 0.4% | 0.4% |
Exports goat meat from Barbados
Market analysis shows that Barbados did not export any goat meat between 2017 and 2020.
Imports goat meat to Barbados
Imports in kind, kg
Barbados imported 6 327 kg of goat meat in 2020, marking a sharp decline of 55.1% compared to 2019. Over the period from 2017 to 2020, imports fell by 60.2%, which translates to an average annual decrease of 26.4%. The most significant increase occurred in 2019, when imports jumped by 61.0%.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (44.9%) | 61.0% | (55.1%) | (26.4%) |
From 2017 to 2020, New Zealand was the primary source of goat meat imports to Barbados, accounting for 76.4% of the total volume. The rest was supplied by 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 market exhibited considerable volatility during these years. Imports fluctuated significantly, with a 2.7-fold change from the peak in 2017 to the low in 2020. In 2020, the value of goat meat imports into Barbados amounted to 40.7 K $ US, representing a sharp drop of 62.2% compared to 2019. The largest increase was recorded in 2019, with a surge of 98.5%.
Annual dynamics of product's imports to Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (51.2%) | 98.5% | (62.2%) | (28.4%) |
Between 2017 and 2020, New Zealand dominated Barbados's goat meat imports in value terms, making up 79.6% of the total. The remaining imports were spread across a diverse group of smaller trading partners.
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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