Earlier Report Observations
The market volume for sheep and goat meat in the Bahamas showed considerable variability from 2018 to 2023. Starting at 1 261 tons in 2018, it contracted to 1 100 tons in 2019 before surging to 1 441 tons in 2020. Over the full period, the market grew by 19%, reaching 1 504 tons in 2023. Domestic production remained marginal, accounting for only a small fraction of total supply, while imports dictated the overall market size.
Following the peak in 2020, market volume adjusted downward to 1 305 tons in 2021 and then stabilized with modest growth to 1 326 tons in 2022. The final year of the period saw a renewed expansion to 1 504 tons in 2023. With no exports recorded, the market's movements were entirely driven by changes in import volumes, which mirrored the consumption trends.
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, t
- 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, 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 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, t
- 6.1.2.1. Annual dynamics of product's imports to the Bahamas in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to the Bahamas 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 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, t
- 6.2.2.1. Annual dynamics of product's imports to the Bahamas in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to the Bahamas 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 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, 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 the Bahamas
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
Sheep and goat meat production in the Bahamas has increased for the second consecutive year. In 2020, production reached 204.2 t, marking a 0.7% year-over-year rise. The lowest production level was recorded in 2018 at 202.2 t, while the largest decline occurred in the same year at 0.0%.
Annual dynamics of production in the Bahamas in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.0%) | 0.3% | 0.7% | 0.3% |
Exports sheep and goat meat from the Bahamas
Desk-based market research indicates that there were no exports of sheep and goat meat from the Bahamas between 2017 and 2020.
Imports sheep and goat meat to the Bahamas
Imports in kind, t
Following a two-year decline, sheep and goat meat imports to the Bahamas have rebounded. In 2020, imports totaled 1 237 t, reflecting a significant 37.9% increase compared to the previous year. From 2017 to 2020, imports grew by 15.2%, equivalent to an annualized rate of 4.8%. The lowest import volume was recorded in 2019 at 897 t, with the largest drop occurring that year at 15.3%.
Annual dynamics of product's imports to the Bahamas in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.4%) | (15.3%) | 37.9% | 4.8% |
Between 2017 and 2020, the United States (44.0% of imports in kind), the Dominican Republic (16.7%), and Australia (11.3%) were the top suppliers of sheep and goat meat to the Bahamas. Together, these three countries accounted for 71.9% of total imports in kind.
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, K $ US
Sheep and goat meat imports to the Bahamas in monetary terms have risen for the second year in a row. In 2020, imports amounted to 7 055 K $ US, showing a modest 1.2% year-over-year increase. The lowest value was recorded in 2018 at 6 828 K $ US, with the largest decline that year at 1.8%. The most significant increase occurred in 2019 at 2.1%.
Annual dynamics of product's imports to the Bahamas in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.8%) | 2.1% | 1.2% | 0.5% |
From 2017 to 2020, the United States (50.6% of imports in value terms), the Dominican Republic (16.4%), and Australia (10.6%) formed the core group of partners for sheep and goat meat imports to the Bahamas in monetary terms. Collectively, they represented 77.5% 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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