Saint Vincent and the Grenadines: Pork Market 2020

Pork Market Size in Saint Vincent and the Grenadines

The revenue of the pork market in Saint Vincent and the Grenadines amounted to $X in 2018, surging by X% against the previous year. Over the period under review, the total market indicated a temperate increase from 2007 to 2018: its value decreased 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. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the pork market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Pork Production in Saint Vincent and the Grenadines

In value terms, pork production stood at $X in 2018 estimated in export prices. Over the period under review, pork production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Saint Vincent and the Grenadines pork production peaked in 2018 and is likely to continue its growth in the near future.

Pork Exports

Exports from Saint Vincent and the Grenadines

In 2018, the amount of pork exported from Saint Vincent and the Grenadines amounted to X tons, jumping by X% against the previous year. Overall, pork exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, pork exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, pork exports totaled $X in 2018. Over the period under review, pork exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Saint Vincent and the Grenadines exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The exports of the ten major exporters of pork, namely the U.S., Germany, Spain, Denmark, Canada, the Netherlands, Belgium, Brazil, Poland and France, represented more than two-thirds 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 Vincent and the Grenadines, while the other leaders experienced more modest paces of growth.

In value terms, the largest pork markets from Saint Vincent and the Grenadines were the U.S. ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. Denmark, Canada, the Netherlands, Brazil, Belgium, Poland, France and Saint Vincent and the Grenadines lagged somewhat behind, together comprising a further X Vincent and the Grenadines experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The pork export price in Saint Vincent and the Grenadines stood at $X per ton in 2018, surging by X% against the previous year. In general, the pork export price continues to indicate a resilient increase. The growth pace was the most rapid in 2013 when the export price increased by X% y-o-y. Over the period under review, the export prices for pork reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

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

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

Pork Imports

Imports into Saint Vincent and the Grenadines

In 2018, the amount of pork imported into Saint Vincent and the Grenadines amounted to X tons, surging by X% against the previous year. Over the period under review, pork imports, however, continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. In that year, pork imports attained their peak of X tons. From 2015 to 2018, the growth of pork imports remained at a somewhat lower figure.

In value terms, pork imports stood at $X in 2018. Overall, pork imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. In that year, pork imports reached their peak of $X. From 2015 to 2018, the growth of pork imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), Japan (X tons), Italy (X tons), Germany (X tons), Mexico (X tons) and Poland (X tons) represented the major importers of pork in the world, constituting X% of total import. The following importers - South Korea (X tons), the UK (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Russia (X tons) and France (X tons) - together made up X% of total imports.

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

In value terms, Japan ($X) constitutes the largest market for imported pork into Saint Vincent and the Grenadines, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Japan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

The pork import price in Saint Vincent and the Grenadines stood at $X per ton in 2018, declining by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, the import prices for pork attained their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Mexico ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform