Earlier Report Observations
The market for pig fat free of lean meat and poultry fat in Jamaica experienced a notable contraction from 809 t in 2018 to 726 t in 2020, followed by a sustained expansion phase. This V-shaped trajectory saw the market decline by 10% over two years before entering a period of robust growth.
Recovery began in 2021, with the market volume increasing to 785 t. The most significant acceleration occurred in 2022, when the market grew by 21% to reach 950 t. Growth continued into 2023, pushing the market to a new high of 1 003 t, which represented a 24% increase over the 2018 level.
By 2023, the market had not only recovered from its earlier decline but had established a clear upward trend, with the three-year growth period adding 277 t to 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 Jamaica
- 5.1.1. Annual dynamics of production in Jamaica in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Jamaica 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 Jamaica
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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 Jamaica in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Jamaica 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 Jamaica in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Jamaica 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 Jamaica, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Jamaica 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 Jamaica in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Jamaica 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 Jamaica in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Jamaica 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 Jamaica, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Jamaica by countries, 2018-2024, $ US/t
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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, t
- 7.1.2.1. Annual dynamics of product's exports from Jamaica in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Jamaica by countries, 2018-2024, t
- 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, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Jamaica in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Jamaica by countries, 2018-2024, K $ 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/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Jamaica, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Jamaica by countries, 2018-2024, $ US/t
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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, t
- 7.2.2.1. Annual dynamics of product's exports from Jamaica in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Jamaica by countries, 2018-2024, t
- 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, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Jamaica in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Jamaica by countries, 2018-2024, K $ 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/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Jamaica, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Jamaica by countries, 2018-2024, $ US/t
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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, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ 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 Jamaica
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
Jamaica's production of pig fat free of lean meat and poultry fat has declined for the third year in a row. In 2020, the country produced 726 tonnes, which represents a 4.4% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 10.9%, averaging an annual decline of 3.8%.
Annual dynamics of production in Jamaica in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.0%) | (4.9%) | (4.4%) | (3.8%) |
Exports pig fat free of lean meat and poultry fat from Jamaica
Market research indicates that Jamaica 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 Jamaica
Imports in kind, kg
Imports of pig fat free of lean meat and poultry fat into Jamaica have risen for the second consecutive year. In 2019, import volume reached 13 753 kg, marking a 32.5% increase from 2018. From 2017 to 2019, imports surged by 10 006.6%, with an average annual growth rate of 365.8%.
Annual dynamics of product's imports to Jamaica in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7 526.6% | 32.5% | n/a | - |
From 2017 to 2020, Jamaica's imports of pig fat free of lean meat and poultry fat were almost entirely sourced from the United States, which accounted for 100.0% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Jamaica in kind, 2017-2020
Imports in value, $ US
The value of pig fat free of lean meat and poultry fat imports into Jamaica has increased for the second year in a row. In 2019, Jamaica imported approximately 17 152 US dollars worth of this product, showing a sharp rise of 187.0% compared to 2018. Over the 2017-2019 period, import value grew by 6 242.2%, with a compound annual growth rate of 298.8%.
Annual dynamics of product's imports to Jamaica in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 109.5% | 187.0% | n/a | - |
Between 2017 and 2020, the United States dominated Jamaica's import structure in value terms, holding a 100.0% share of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Jamaica in value, 2017-2020
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