Grenada: Pork Market 2020

Pork Market Size in Grenada

The revenue of the pork market in Grenada amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. In that year, the pork market attained its peak level of $X. From 2014 to 2018, the growth of the pork market remained at a somewhat lower figure.

Pork Production in Grenada

In value terms, pork production totaled $X in 2018 estimated in export prices. In general, pork production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Over the period under review, pork production reached its maximum level at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Pork Exports

Exports from Grenada

In 2018, the amount of pork exported from Grenada stood at X kg, remaining constant against the previous year. Overall, pork exports continue to indicate a relatively flat trend pattern. Over the period under review, pork exports reached their maximum at X tons in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, pork exports amounted to $X in 2018. In general, pork exports continue to indicate a relatively flat trend pattern. Grenada exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

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 Spain, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Denmark, Canada, the Netherlands, Brazil, Belgium, Poland and France, which together accounted for a further X terms of the main exporting countries, Poland 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 pork export price in Grenada stood at $X per ton in 2018, flattening at the previous year. Overall, the pork export price continues to indicate a relatively flat trend pattern. Grenada export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; 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 Grenada

Pork imports into Grenada amounted to X tons in 2018, picking up by X% against the previous year. Over the period under review, pork imports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, pork imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, pork imports amounted to $X in 2018. Overall, pork imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, pork imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (X tons), Japan (X tons), Italy (X tons), Germany (X tons), Mexico (X tons) and Poland (X tons) were the largest importers of pork in the world, creating 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 ($X) constitutes the largest market for imported pork into Grenada, comprising X% of global imports. The second position in the ranking was occupied by China ($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 stood at +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Italy (-X% per year).

Import Prices by Country

The pork import price in Grenada stood at $X per ton in 2018, waning by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, the import prices for pork attained their maximum at $X per ton in 2017, and then declined slightly in the following year.

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.

Source: IndexBox Platform