Earlier Report Observations
The market for edible pig offal in the Bahamas underwent a significant contraction from 2018 to 2020, with total volume dropping from 28 851 kg to 15 407 kg, a decrease of 47%. This sharp decline marked the lowest point in consumption during the period.
Beginning in 2021, the market entered a recovery phase, growing by 25% to 19 217 kg. After a slight dip to 18 794 kg in 2022, volume increased again in 2023 to 21 351 kg, indicating a gradual rebound though remaining 26% below the 2018 level.
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 the Bahamas
- 5.1.1. Annual dynamics of production in the Bahamas in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in the Bahamas 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 the Bahamas
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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 the Bahamas in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to the Bahamas 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to the Bahamas 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to the Bahamas 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 the Bahamas in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to the Bahamas 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to the Bahamas in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to the Bahamas 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to the Bahamas, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to the Bahamas 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, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, K $ 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 the Bahamas
In kind, 2017-2020, kg
Top producers of pig offal, 2017-2020
World map of production of pig offal, 2017-2020
Pig offal production in The Bahamas has declined for the third year in a row. In 2020, the country produced 15 230 kg of pig offal, marking a modest 6.4% decrease compared to 2019. Looking at the period from 2017 to 2020, production fell by 15.7%, which translates to an average annual decline of 5.5%.
Annual dynamics of production in the Bahamas in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.4%) | (3.8%) | (6.4%) | (5.5%) |
Exports pig offal from the Bahamas
Market research indicates that The Bahamas did not export any pig offal between 2017 and 2020.
Imports pig offal to the Bahamas
Imports in kind, kg
The data shows irregular changes, pointing to a volatile market environment. Imports reached their lowest point in 2020 at 177 kg, after peaking in 2018 at 11 931 kg, representing a dramatic 67-fold difference between these years. In 2020, imports saw a sharp decrease of 97.3% compared to the previous year. The largest increase occurred in 2018, with a jump of 184.1%.
Annual dynamics of product's imports to the Bahamas in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 184.1% | (45.6%) | (97.3%) | (65.2%) |
From 2017 to 2020, the United States was the overwhelmingly dominant supplier of pig offal to The Bahamas, accounting for 100.0% of total imports by volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to the Bahamas in kind, 2017-2020
Imports in value, $ US
There were noticeable fluctuations in market performance during this period. Imports hit their lowest point in 2020 at 9 671 US dollars, after reaching a peak in 2018 of 44 181 US dollars, with a 4.6-fold gap between these years. In 2020, imported pig offal volumes showed a sharp contraction of 67.3% from 2019. The largest increase was recorded in 2018, at 134.3%.
Annual dynamics of product's imports to the Bahamas in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 134.3% | (33.1%) | (67.3%) | (20.0%) |
From 2017 to 2020, the geographical pattern of imports in value terms reflected a strong dependence on the United States, which accounted for 100.0% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to the Bahamas in value, 2017-2020
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