Earlier Report Observations
The market for pig fat in Barbados saw moderate growth from 2018 to 2020, with volume peaking at 183 tons. This expansion was followed by a significant contraction over the next two years, dropping to 163 tons by 2022, before a slight recovery to 166 tons in 2023.
Domestic production closely tracked the overall market size, indicating it was the primary determinant of supply. Imports remained at very low levels throughout the period, having a minimal effect on total market volume.
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 pig fat free of lean meat and poultry fat in Barbados
In kind, 2017-2020, t
Top producers of pig fat free of lean meat and poultry fat, 2017-2020
World map of production of pig fat free of lean meat and poultry fat, 2017-2020
Barbados has seen pig fat free of lean meat and poultry fat production rise for the third year in a row. In 2020, the country produced 183 tonnes, showing a modest 1.0% increase from the previous year. Over the 2017-2020 period, production grew by 13.9%, with an average annual growth rate of 4.4%.
Annual dynamics of production in Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.1% | 2.5% | 1.0% | 4.4% |
Exports pig fat free of lean meat and poultry fat 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, Trinidad and Tobago dominated the export partner structure in kind, consistently representing 100.0% of total flows.
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 | - |
Throughout 2017-2020, Trinidad and Tobago was the dominant player in the value-based exports of pig fat free of lean meat and poultry fat from Barbados, consistently accounting for 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Barbados in value, 2017-2020
Imports pig fat free of lean meat and poultry fat to Barbados
Imports in kind, kg
The market showed noticeable fluctuations during this period. Import volumes reached their lowest point in 2020 and peaked in 2019, with a 16-fold difference between these years. In 2020, Barbados imported a total of {value_last_year} kg of pig fat free of lean meat and poultry fat, which is 93.7% lower than in 2019. The maximum volume was recorded in 2019 at 1 297 kg, with the largest increase of 102.0% also occurring that year.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 64.6% | 102.0% | (93.7%) | (40.8%) |
From 2017 to 2020, nearly all imports in kind of pig fat free of lean meat and poultry fat to Barbados came from the United States, which accounted for 100.0% of total flows.
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
Market behavior was volatile during these years. Imports hit their lowest point in 2020 and peaked in 2018, with a 120-fold difference between these two years. In 2020, cross-border shipments of pig fat free of lean meat and poultry fat to Barbados totaled 66 US dollars, representing a 98.1% drop compared to 2019. The maximum value was recorded in 2018 at 7 850 US dollars, with the largest increase of 123.4% also occurring that year.
Annual dynamics of product's imports to Barbados in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 123.4% | (56.7%) | (98.1%) | (73.5%) |
Throughout 2017-2020, the United States was the almost exclusive supplier of pig fat free of lean meat and poultry fat to Barbados, holding a 100.0% share of total imports in value terms.
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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