Earlier Report Observations
The market for lard and poultry fats in Barbados showed consistent expansion from 2018 to 2023, with domestic production driving overall market volume. Output grew from 732.5 tonnes in 2018 to 950.8 tonnes in 2023, an increase of nearly 30%, despite a minor dip in 2022. This growth phase was characterized by year-on-year gains, with the most pronounced rise occurring between 2019 and 2021.
Market size closely followed the production trend, as imports remained negligible throughout most of the period. The supply was almost entirely domestic, indicating that local production capacity successfully met internal demand. The market demonstrated resilience by recovering quickly after the 2022 contraction, reaching a new high in 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 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, 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. 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 Barbados in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/kg
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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 Barbados in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Barbados by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Barbados in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Barbados by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Barbados, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Barbados by countries, 2018-2024, $ US/kg
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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, 2018-2024
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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 lard and poultry fats in Barbados
In kind, 2017-2020, t
Top producers of lard and poultry fats, 2017-2020
World map of production of lard and poultry fats, 2017-2020
Barbados has seen a steady rise in lard and poultry fats production for three years in a row. In 2020, the country produced 886.6 tonnes, marking a 9.1% increase from the previous year. Looking at the period from 2017 to 2020, production grew by 30.1%, which translates to an average annual growth rate of 9.2%.
Annual dynamics of production in Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.5% | 10.9% | 9.1% | 9.2% |
Exports lard and poultry fats from Barbados
Exports in kind, kg
Annual dynamics of product's exports from Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, the United States was the nearly exclusive buyer of lard and poultry fats from Barbados, accounting for 100.0% of total exports in kind.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Barbados in kind, 2017-2020
Exports in value, $ US
Annual dynamics of product's exports from Barbados in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017–2020 period, the United States served as the primary market for Barbados's lard and poultry fats exports, consistently representing 100.0% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Barbados in value, 2017-2020
Imports lard and poultry fats to Barbados
Imports in kind, kg
Annual dynamics of product's imports to Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, the United Kingdom and the United States were the two main sources for imports in kind, together making up 100.0% of total import volumes.
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
Annual dynamics of product's imports to Barbados in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, the United States and the United Kingdom dominated 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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