Earlier Report Observations
Production of pig fat in Trinidad and Tobago declined from 307 tons in 2018 to 231 tons in 2020, a contraction of nearly 25%. Output partially recovered to 263 tons in 2021 but then stabilized at approximately 252 tons over the next two years.
Total market volume mirrored this trend, falling from 361 tons in 2018 to 270 tons in 2020. After a modest rebound to 290 tons in 2021 and a slight dip the following year, the market expanded significantly to 331 tons in 2023.
This growth in 2023 was supported by a notable increase in imports, which rose to 79 tons. With no exports recorded throughout the period, the market's supply depended entirely on domestic production and foreign shipments.
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 Trinidad and Tobago
- 5.1.1. Annual dynamics of production in Trinidad and Tobago in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Trinidad and Tobago 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 Trinidad and Tobago
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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 Trinidad and Tobago in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Trinidad and Tobago 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 Trinidad and Tobago in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Trinidad and Tobago 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Trinidad and Tobago 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 Trinidad and Tobago in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Trinidad and Tobago 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 Trinidad and Tobago in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Trinidad and Tobago 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Trinidad and Tobago, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Trinidad and Tobago 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, kg
- 7.1.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Trinidad and Tobago 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 Trinidad and Tobago in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Trinidad and Tobago 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/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Trinidad and Tobago 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, kg
- 7.2.2.1. Annual dynamics of product's exports from Trinidad and Tobago in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Trinidad and Tobago 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 Trinidad and Tobago in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Trinidad and Tobago 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/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Trinidad and Tobago, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Trinidad and Tobago 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, 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 Trinidad and Tobago
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
Trinidad and Tobago's production of pig fat free of lean meat and poultry fat declined for the second consecutive year. In 2020, the country produced 230.5 t, marking a modest decrease of 8.9% compared to the previous year. Over the 2017-2020 period, production fell by 19.9%, with a compound annual growth rate of 7.1%. The highest production level was recorded in 2018 at 306.8 t, which represented a 6.6% increase from the prior year. However, the largest decline occurred in 2019, with a drop of 17.5%.
Annual dynamics of production in Trinidad and Tobago in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.6% | (17.5%) | (8.9%) | (7.1%) |
Exports pig fat free of lean meat and poultry fat from Trinidad and Tobago
Exports in kind, kg
Annual dynamics of product's exports from Trinidad and Tobago 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 export pattern in kind showed a strong reliance on Germany, which accounted for 100.0% of total exports.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Trinidad and Tobago in kind, 2017-2020
Exports in value, $ US
Annual dynamics of product's exports from Trinidad and Tobago 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, exports in value terms were highly concentrated on Germany, representing 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Trinidad and Tobago in value, 2017-2020
Imports pig fat free of lean meat and poultry fat to Trinidad and Tobago
Imports in kind, kg
In 2020, Trinidad and Tobago's imports of pig fat free of lean meat and poultry fat reached 39 364 kg, reflecting a sharp decline of 34.5% compared to 2019. Between 2017 and 2020, imports decreased by 49.9%, equating to an annualized rate of 20.6%. The largest increase was recorded in 2019, with a rise of 10.3%.
Annual dynamics of product's imports to Trinidad and Tobago in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (30.7%) | 10.3% | (34.5%) | (20.6%) |
Throughout 2017-2020, the import structure in kind was primarily shaped by Canada and the United States, which together 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 Trinidad and Tobago in kind, 2017-2020
Imports in value, $ US
In 2020, Trinidad and Tobago's imports of pig fat free of lean meat and poultry fat stood at 29 062 US dollars, corresponding to a contraction of 35.1% compared to 2019. Over the 2017-2020 period, imports decreased by 38.9%, with a compound annual growth rate of 15.2%. The largest increase was recorded in 2019, with a rise of 35.7%.
Annual dynamics of product's imports to Trinidad and Tobago in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (30.7%) | 35.7% | (35.1%) | (15.2%) |
From 2017 to 2020, Canada and the United States dominated imports in value terms, with a combined share of 100.0% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Trinidad and Tobago in value, 2017-2020
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