Saint Kitts and Nevis: Meat Market 2020

Meat Market Size in Saint Kitts and Nevis

The revenue of the meat market in Saint Kitts and Nevis amounted to $X in 2018, going up by X% against the previous year. Overall, meat consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, the meat market attained its peak level of $X. From 2009 to 2018, the growth of the meat market remained at a somewhat lower figure.

Meat Production in Saint Kitts and Nevis

In value terms, meat production totaled $X in 2018 estimated in export prices. Over the period under review, meat production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. In that year, meat production reached its peak level of $X. From 2009 to 2018, meat production growth failed to regain its momentum.

Average yield of meat in Saint Kitts and Nevis totaled X kg per head in 2018, therefore, remained relatively stable against the previous year. Overall, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat production in Saint Kitts and Nevis stood at X head, remaining relatively unchanged against the previous year. Overall, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Saint Kitts and Nevis

In 2018, the amount of meat exported from Saint Kitts and Nevis totaled X tons, picking up by X% against the previous year. In general, meat exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Saint Kitts and Nevis exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, meat exports amounted to $X in 2018. In general, meat exports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Saint Kitts and Nevis exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, the U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons) represented the largest exporters of meat in the world, mixing up X% of total export.

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

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Saint Kitts and Nevis, which together accounted for a further X the main exporting countries, India experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The meat export price in Saint Kitts and Nevis stood at $X per ton in 2018, approximately equating the previous year. In general, the meat export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices for meat attained their peak figure at $X per ton in 2008; however, from 2009 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 New Zealand ($X per ton), while Denmark ($X per ton) 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 Imports

Imports into Saint Kitts and Nevis

Meat imports into Saint Kitts and Nevis amounted to X tons in 2018, stabilizing at the previous year. Over the period under review, the total imports indicated a tangible increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Saint Kitts and Nevis imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, meat imports amounted to $X in 2018. Over the period under review, the total imports indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, meat imports reached their maximum in 2018 and are likely to continue its growth in the near future.

Imports by Country

China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons) represented roughly X% of total imports of meat in 2018.

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

In value terms, the largest meat importing markets into Saint Kitts and Nevis were Japan ($X), the U.S. ($X) and China ($X), together comprising X% of total imports. Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Saint Kitts and Nevis 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-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat import price in Saint Kitts and Nevis stood at $X per ton in 2018, jumping by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. In that year, the import prices for meat reached their peak level and is likely to continue its growth in the immediate term.

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

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

Source: IndexBox Platform