Earlier Report Observations
Between 2018 and 2019, the sheep and goat meat market in Suriname remained stable at 40 tonnes, with domestic production meeting all demand and no recorded imports. Production volumes held steady around 40 tonnes annually during this period.
From 2020, imports of sheep and goat meat commenced, growing significantly and driving total market volume to a peak of 48.2 tonnes by 2022. This expansion occurred alongside broader reports of strengthened domestic livestock farming in Suriname. In 2023, the market contracted to 44.8 tonnes, coinciding with reports of a shortage of sheep meat in the country leading to price increases. That same year, new import contracts for 1,000 live sheep and goats annually were secured by companies SDS Agriculture and Industrial Farm N.V., aimed at boosting future domestic supply.
Entering 2024, the regulatory environment evolved with mandatory veterinary permits for the sale of sheep, goat, and beef meat, introducing stricter storage and environmental impact requirements. International support for agricultural development, including processing and market access, was also noted, which could influence the livestock sector.
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 Suriname
- 5.1.1. Annual dynamics of production in Suriname in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Suriname 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 Suriname
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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 Suriname in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Suriname 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 Suriname in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Suriname 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 Suriname, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Suriname 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 Suriname in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Suriname 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 Suriname in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Suriname 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 Suriname, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Suriname 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, 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 sheep and goat meat in Suriname
In kind, 2017-2020, kg
Top producers of sheep and goat meat, 2017-2020
World map of production of sheep and goat meat, 2017-2020
In 2020, Suriname produced 38,000 kg of sheep and goat meat, marking a 5.0% decline from the previous year. From 2017 to 2020, overall production fell by 5%, with a compound annual growth rate (CAGR) of -1.7%. The most notable change occurred in 2018, when production remained stable with no significant increase or decrease.
Annual dynamics of production in Suriname in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | (5.0%) | (1.7%) |
Exports sheep and goat meat from Suriname
According to market research data, Suriname did not export any sheep or goat meat between 2017 and 2020.
Imports sheep and goat meat to Suriname
Imports in kind, kg
In 2020, Suriname imported 2,834 kg of sheep and goat meat, showing little change from 2019. Over the 2017-2020 period, imports dropped by 38.2%, corresponding to a CAGR of -14.8%.
Annual dynamics of product's imports to Suriname in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | (14.8%) |
From 2017 to 2020, the United States and the Netherlands dominated Suriname's sheep and goat meat imports, together accounting for 95.9% of the total volume. Other countries contributed smaller, more varied shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Suriname in kind, 2017-2020
Imports in value, $ US
Suriname imported $19,867 worth of sheep and goat meat in 2020, with minimal variation from the prior year. Between 2017 and 2020, import value rose by 23.9%, translating to an annualized growth rate of 7.4%.
Annual dynamics of product's imports to Suriname in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 7.4% |
During 2017-2020, the United States and the Netherlands were the leading sources for Suriname's sheep and goat meat imports by value, jointly representing 95.3% of total imports. Other trade partners held substantially smaller shares.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Suriname in value, 2017-2020
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