Key Market Indicators
Barbadians are projected to consume 4.3 thousand metric tons of beef by 2026, up 1% from 4 thousand metric tons in 2021. Demand has been relatively steady since 2017. Meanwhile, beef production in Barbados is forecast to dip 3% from 159 metric tons in 2021 to 133.21 metric tons by 2026. This follows a 2% year-on-year decrease since 1966. In 2021, Saint Vincent and Grenadines overtook Barbados as the country with the highest beef production. Brazil, China, and Argentina followed in second, third, and fourth place, respectively.
