Earlier Report Observations
The market for pig offal in Barbados expanded from 89 тыс. kg in 2018 to 92 тыс. kg in 2020. This growth was supported by a ban on poultry imports from the United Kingdom in 2020, which boosted demand for domestic pork products as local producers benefited from reduced competition.
A sharp increase in feed prices in 2021 raised production costs for pig farmers, leading to a contraction in output. Production fell to 84 тыс. kg that year, and market volume dropped to 84 тыс. kg, declining further to 81 тыс. kg in 2022.
Government financing schemes and a surge in pig farming membership helped reverse the trend in 2023, with production recovering to 83 тыс. kg and market volume reaching 84 тыс. kg. In 2024, feed price reductions and high consumer demand for pork were reported, easing production costs for farmers.
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, kg
- 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, 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 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. 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 offal in Barbados
In kind, 2017-2020, kg
Top producers of pig offal, 2017-2020
World map of production of pig offal, 2017-2020
Barbados has seen its pig offal production volume grow for the third year in a row. In 2020, the country produced 91 480 kg of pig offal, marking a modest 1.0% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 13.9%, which translates to an average annual growth rate of 4.4%.
Annual dynamics of production in Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.0% | 2.5% | 1.0% | 4.4% |
Exports pig offal from Barbados
According to market reports, Barbados did not export any pig offal between 2017 and 2020.
Imports pig offal to Barbados
Imports in kind, kg
After increasing for two years, Barbados's imports of pig offal declined. In 2019, imports peaked at 1 317 kg, but by 2020 they had dropped to 596 kg, a decrease of 54.7% compared to the previous year. The largest year-on-year increase occurred in 2018, when imports grew by 54.2%.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 54.2% | 43.8% | (54.7%) | 0.1% |
From 2017 to 2020, three key markets—the United Kingdom, the United States, and Canada—accounted for 99.2% of Barbados's total pig offal imports by volume.
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
Barbados's spending on imported pig offal has risen for the third consecutive year. In 2020, imports totaled 12 980 US dollars, reflecting a moderate 3.2% increase over the past year. Over the four-year span from 2017 to 2020, import value grew by 12.7%, averaging an annualized rate of 4.1%.
Annual dynamics of product's imports to Barbados in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.3% | 6.8% | 3.2% | 4.1% |
Between 2017 and 2020, the United States, the United Kingdom, and Canada were the top suppliers of pig offal to Barbados in value terms. The United States led with 37.7% of import value, followed by the United Kingdom at 36.0% and Canada at 20.4%. Together, these three countries accounted for 94.2% of Barbados's total pig offal import value during this period.
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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