Earlier Report Observations
The market for sheep and goat meat in Barbados contracted steadily from 2018 to 2021, with total volume falling by 20% from 1 491 tons to 1 192 tons. This downward trend reversed in 2022 when the market expanded by 16% to 1 382 tons and grew further to 1 426 tons in 2023.
Imports, which make up the majority of supply, followed a similar path: declining from 1 218 tons in 2018 to a low of 993 tons in 2020 before recovering to 1 183 tons in 2023. Domestic production varied between 189 tons and 272 tons annually, representing a smaller and more volatile share of the 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 Barbados
- 5.1.1. Annual dynamics of production in Barbados in kind, 2018-2023, t
- 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, 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 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, t
- 6.1.2.1. Annual dynamics of product's imports to Barbados in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Barbados 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 Barbados in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Barbados 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 Barbados, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Barbados 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 Barbados in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Barbados 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 Barbados in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Barbados 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 Barbados, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Barbados by countries, 2018-2024, $ US/t
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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, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 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 sheep and goat meat in Barbados
In kind, 2017-2020, t
Top producers of sheep and goat meat, 2017-2020
World map of production of sheep and goat meat, 2017-2020
In 2020, Barbados produced 256.8 tons of sheep and goat meat, marking a modest 5.7% increase from 2019. Over the period from 2017 to 2020, production grew by 2.9%, which translates to an annualized growth rate of 1.0%. The lowest production level was observed in 2019 at 242.9 tons, while the peak occurred in 2018 with 272.5 tons. The most significant decline took place in 2019, dropping by 10.8%, whereas the largest increase was recorded in 2018, rising by 9.2%.
Annual dynamics of production in Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.2% | (10.8%) | 5.7% | 1.0% |
Exports sheep and goat meat from Barbados
Market study findings indicate that Barbados did not export any sheep and goat meat between 2017 and 2020.
Imports sheep and goat meat to Barbados
Imports in kind, t
Barbados experienced a third consecutive year of decline in sheep and goat meat imports. In 2020, imports totaled 993 tons, representing an 8.6% decrease compared to 2019. From 2017 to 2020, imports fell by 23.3%, equating to an annualized decline of 8.5%.
Annual dynamics of product's imports to Barbados in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.9%) | (10.9%) | (8.6%) | (8.5%) |
During the 2017–2020 period, the import structure for sheep and goat meat was heavily concentrated on New Zealand, which accounted for 82.9% of total imports. Other markets played a relatively minor role in the import flows.
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, K $ US
Barbados saw a second consecutive year of decline in the value of sheep and goat meat imports. In 2020, imports amounted to 6 141 thousand US dollars, reflecting a modest 9.7% drop from 2019. Between 2017 and 2020, import values decreased by 7.4%, corresponding to an annualized rate of decline of 2.5%. The highest value was recorded in 2018 at 7 111 thousand US dollars, which also saw the largest increase of 7.2%.
Annual dynamics of product's imports to Barbados in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.2% | (4.3%) | (9.7%) | (2.5%) |
From 2017 to 2020, New Zealand dominated Barbados's sheep and goat meat imports in value terms, capturing 80.5% of the total. The remaining imports were distributed among a diverse array of smaller trading partners.
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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