Earlier Report Observations
Between 2018 and 2022, Grenada's market for pig fat free of lean meat and poultry fat experienced steady expansion, with production rising from 44 250 kg to 59 650 kg and driving a 35% cumulative growth in market volume. Annual increases varied from 5% to 9%, while imports remained insignificant, making domestic output the sole determinant of market size.
The trend reversed in 2023 as production fell moderately to 57 700 kg, trimming the market volume by about 3%. Despite this contraction, the market remained substantially larger than its 2018 level, and minimal import activity in subsequent years underscored its continued dependence on local supply.
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 Grenada
- 5.1.1. Annual dynamics of production in Grenada in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Grenada 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 Grenada
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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 Grenada in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Grenada 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 Grenada in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Grenada 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 Grenada, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Grenada 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 Grenada in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Grenada 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 Grenada in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Grenada 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 Grenada, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Grenada 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 pig fat free of lean meat and poultry fat in Grenada
In kind, 2017-2020, kg
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
Grenada's production of pig fat free of lean meat and poultry fat grew for the third consecutive year. In 2020, the country produced 50 440 kg, marking a 5.2% increase from 2019. From 2017 to 2020, production rose by 22.7%, which translates to an average annual growth rate of 7.1%.
Annual dynamics of production in Grenada in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.7% | 8.3% | 5.2% | 7.1% |
Exports pig fat free of lean meat and poultry fat from Grenada
According to market intelligence reports, Grenada did not export any pig fat free of lean meat and poultry fat between 2017 and 2020.
Imports pig fat free of lean meat and poultry fat to Grenada
Imports in kind, kg
In 2019, Grenada imported 14.0 kg of pig fat free of lean meat and poultry fat, representing a sharp decline of 87.8% compared to the previous year.
Annual dynamics of product's imports to Grenada in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (87.8%) | n/a | - |
From 2017 to 2020, the United States was the primary supplier of pig fat free of lean meat and poultry fat to Grenada, accounting for 89.1% of total imports in kind, while other partners held relatively smaller shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Grenada in kind, 2017-2020
Imports in value, $ US
In 2019, Grenada imported approximately 166.3 US dollars worth of pig fat free of lean meat and poultry fat, a significant increase of 311.9% from the year before.
Annual dynamics of product's imports to Grenada in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 311.9% | n/a | - |
Between 2017 and 2020, Trinidad and Tobago and the United States were the leading sources for imports in value terms, together making up 85.7% of total flows, with other partners contributing the remainder.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Grenada in value, 2017-2020
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