Bahamas: Meat And Poultry Market Overview 2020

Meat And Poultry Market Size in Bahamas

The revenue of the meat and poultry market in Bahamas amounted to $X in 2018, stabilizing at the previous year. Overall, the total market indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat and poultry consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Bahamas meat and poultry consumption peaked at $X in 2017, leveling off in the following year.

Meat And Poultry Production in Bahamas

In value terms, meat and poultry production totaled $X in 2018 estimated in export prices. Overall, meat and poultry production continues to indicate a deep reduction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. In that year, meat and poultry production reached its peak level of $X. From 2011 to 2018, meat and poultry production growth remained at a somewhat lower figure.

In 2018, the average yield of meat and poultry in Bahamas totaled X kg per head, therefore, remained relatively stable against the previous year. Overall, the meat and poultry yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat and poultry production in Bahamas totaled X head, remaining constant against the previous year. Overall, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern.

Meat And Poultry Exports

Exports from Bahamas

In 2018, the meat and poultry exports from Bahamas amounted to X tonnes, surging by X% against the previous year. Overall, meat and poultry exports continue to indicate resilient growth. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, meat and poultry exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat and poultry exports amounted to $X in 2018. Over the period under review, meat and poultry exports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Bahamas exports peaked at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, the U.S. (X tonnes) and Brazil (X tonnes) represented the largest exporters of meat and poultryaround the world, together accounting for approx. X% of total exports. It was distantly followed by the Netherlands (X tonnes), Germany (X tonnes), Poland (X tonnes) and Spain (X tonnes), together creating a X% share of total exports. Australia (X tonnes), Belgium (X tonnes), Denmark (X tonnes), Canada (X tonnes), India (X tonnes) and France (X tonnes) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bahamas, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Brazil ($X) and Australia ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. The Netherlands, Germany, Poland, Spain, Canada, India, Belgium, Denmark, France and Bahamas lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat and poultry export price in Bahamas stood at $X per tonne in 2018, waning by -X% against the previous year. In general, the meat and poultry export price continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, the export prices for meat and poultry reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Australia ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat And Poultry Imports

Imports into Bahamas

In 2018, the imports of meat and poultry into Bahamas amounted to X tonnes, waning by -X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Over the period under review, meat and poultry imports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, meat and poultry imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, meat and poultry imports attained their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of meat and poultry imports in 2018 were China (X tonnes), Japan (X tonnes), Germany (X tonnes), Mexico (X tonnes), the U.S. (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), Viet Nam (X tonnes), the UK (X tonnes), the Netherlands (X tonnes), France (X tonnes) and South Korea (X tonnes), together reaching X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry importing markets into Bahamas were Japan ($X), the U.S. ($X) and China ($X), together comprising X% of total imports. Germany, South Korea, Italy, China, Hong Kong SAR, the UK, France, the Netherlands, Mexico, Viet Nam and Bahamas lagged somewhat behind, together comprising a further X Nam recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat and poultry import price in Bahamas stood at $X per tonne in 2018, approximately mirroring the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 an increase of X% against the previous year. In that year, the import prices for meat and poultry reached their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the import prices for meat and poultry failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform