Turkey meat and offal market in Caribbean

Earlier Report Observations

The market volume for turkey meat and offal in the Caribbean experienced notable fluctuations between 2018 and 2023. Starting at 29 079 t in 2018, it dropped to 24 886 t the following year before recovering to 27 108 t in 2020. A subsequent decline brought the market down to 19 971 t in 2022, the lowest point in the period, after which it rebounded to 23 300 t in 2023.

In 2024, import volumes decreased to 21 281 t, while exports rose to 189 t. During this year, consumer trends shifted toward antibiotic-free and clean-label turkey products, and frozen turkey meat gained significant market share, reflecting evolving preferences that likely influenced trade flows and market composition.

Production turkey meat and offal in Caribbean

In kind, 2017-2020, t

Top producers of turkey meat and offal, 2017-2020

World map of production of turkey meat and offal, 2017-2020

Turkey meat and offal production in the Caribbean declined after two years of growth. In 2019, production reached its peak at 449.9 tonnes, but by 2020 it had fallen to 402.8 tonnes, marking a significant 10.5% decrease from the previous year. Over the entire period from 2017 to 2020, production increased by 3.3%, which translates to an average annual growth rate of 1.1%. The largest year-on-year increase occurred in 2018, when production rose by 13.5%.

Annual dynamics of production in Caribbean in kind, 2017-2020, t

Exports turkey meat and offal from Caribbean

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Export volumes hit their lowest point in 2019 at just 6 tonnes, but surged to 95 tonnes in 2020, representing a dramatic 1 600.1% increase compared to the previous year. From this low in 2019 to the high in 2020, volumes varied by a factor of 17. The largest decline was recorded in 2019, when exports dropped by 81.7%.

Annual dynamics of product's exports from Caribbean in kind, 2017-2020, t

Between 2017 and 2020, the primary buyers of turkey meat and offal from the Caribbean were Gabon, Bunkers, and the United States. Gabon accounted for 52.7% of exports in kind, Bunkers for 7.7%, and the United States for 6.9%. Together, these three destinations made up 67.3% of total exports in kind during this period.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Caribbean in kind, 2017-2020

Exports in value, K $ US

Market behavior was characterized by volatility over these years. Exports in value terms reached their lowest point in 2019 at 35 000 US dollars, but rebounded sharply to 302 000 US dollars in 2020, reflecting a substantial 753.8% increase compared to the previous year. From the trough in 2019 to the peak in 2020, exports changed by a factor of 8.5. The largest decline occurred in 2019, when exports fell by 63.8%.

Annual dynamics of product's exports from Caribbean in value, 2017-2020, K $ US

From 2017 to 2020, the leading destinations for turkey meat and offal exports from the Caribbean in value terms were Gabon, the United States, and Bunkers. Gabon accounted for 20.3% of exports in value, the United States for 20.0%, and Bunkers for 14.9%. Combined, these three markets represented 55.2% of total export flows in value during this period.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Caribbean in value, 2017-2020

Imports turkey meat and offal to Caribbean

Imports in kind, t

After a two-year decline, imports of turkey meat and offal into the Caribbean increased. In 2019, imports reached their minimum at 24 442 tonnes, but rose to 26 800 tonnes in 2020, a 9.6% increase compared to the previous year. Over the full period from 2017 to 2020, imports decreased by 14.6%, which equates to an average annual decline of 5.1%. The largest drop was recorded in 2019, when imports fell by 14.7%.

Annual dynamics of product's imports to Caribbean in kind, 2017-2020, t

Between 2017 and 2020, the United States was the dominant partner for imports of turkey meat and offal into the Caribbean in kind, holding a 77.0% share of total flows. Other markets collectively accounted for the remaining portion, forming a long tail of smaller suppliers.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Caribbean in kind, 2017-2020

Imports in value, K $ US

In 2020, the value of imported turkey meat and offal into the Caribbean reached 45 171 000 US dollars, a 4.0% increase compared to 2019. Over the period from 2017 to 2020, imports decreased by 14.2%, with a compound annual growth rate of -5.0%. The minimum value was recorded in 2019 at 43 415 000 US dollars, while the maximum occurred in 2018 at 55 330 000 US dollars. The largest decline took place in 2019, when imports fell by 21.5%, and the largest increase was in 2018, with a 5.1% rise.

Annual dynamics of product's imports to Caribbean in value, 2017-2020, K $ US

From 2017 to 2020, the United States held the dominant position in imports of turkey meat and offal into the Caribbean in value terms, accounting for 77.7% of total flows. The remaining share was distributed among various smaller destinations.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Caribbean in value, 2017-2020