Jamaica: Meat And Poultry Market 2020

Meat And Poultry Market Size in Jamaica

The revenue of the meat and poultry market in Jamaica amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, meat and poultry consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by X% against the previous year. Over the period under review, the meat and poultry market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Meat And Poultry Production in Jamaica

In value terms, meat and poultry production totaled $X in 2018 estimated in export prices. Overall, meat and poultry production continues to indicate prominent growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. In that year, meat and poultry production reached its peak level of $X. From 2009 to 2018, meat and poultry production growth failed to regain its momentum.

Average yield of meat and poultry in Jamaica stood at X kg per head in 2018, approximately mirroring 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 Jamaica stood at X head, approximately equating the previous year. Over the period under review, the number of animals slaughtered for meat and poultry production continues to indicate a relatively flat trend pattern.

Meat And Poultry Exports

Exports from Jamaica

In 2018, the exports of meat and poultry from Jamaica amounted to X tons, dropping by -X% against the previous year. Overall, meat and poultry exports continue to indicate a significant reduction. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, meat and poultry exports attained their maximum at X tons in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, meat and poultry exports amounted to $X in 2018. In general, meat and poultry exports continue to indicate a slight expansion. The pace of growth appeared 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 at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tons) and Brazil (X tons) represented roughly X% of total exports of meat and poultry in 2018. The Netherlands (X tons) took the next position in the ranking, followed by Germany (X tons), Poland (X tons) and Spain (X tons). All these countries together occupied approx. X% share of total exports. The following exporters - Australia (X tons), Belgium (X tons), Denmark (X tons), Canada (X tons), India (X tons) and France (X tons) - together made up X% 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Brazil ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. The Netherlands, Germany, Poland, Spain, Canada, India, Belgium, Denmark, France and Jamaica lagged somewhat behind, together accounting for a further X terms of the main exporting countries, India recorded 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 and poultry export price in Jamaica stood at $X per ton in 2018, going up by X% against the previous year. In general, the meat and poultry export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2012 an increase of X% y-o-y. Jamaica export price peaked in 2018 and is expected to retain its growth in the near future.

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

Imports into Jamaica

In 2018, the amount of meat and poultry imported into Jamaica totaled X tons, rising by X% against the previous year. In general, the total imports indicated measured growth 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. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, meat and poultry imports attained their peak figure at X tons in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, meat and poultry imports stood at $X in 2018. In general, the total imports indicated a notable expansion 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 imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, meat and poultry imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), Japan (X tons), Germany (X tons), Mexico (X tons), the U.S. (X tons), China, Hong Kong SAR (X tons), Italy (X tons), Vietnam (X tons), the UK (X tons), the Netherlands (X tons), France (X tons) and South Korea (X tons) were the largest importers of meat and poultry in the world, creating 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 Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat and poultry importing markets into Jamaica were Japan ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. Germany, South Korea, Italy, China, Hong Kong SAR, the UK, France, the Netherlands, Mexico, Vietnam and Jamaica lagged somewhat behind, together comprising a further X the main importing countries, Vietnam recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The meat and poultry import price in Jamaica stood at $X per ton in 2018, picking up by X% against the previous year. In general, the meat and poultry import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for meat and poultry reached their peak figure in 2018 and is likely to see steady growth in the near future.

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