{"id":39310,"date":"2023-07-25T15:51:09","date_gmt":"2023-07-25T20:51:09","guid":{"rendered":"https:\/\/www.incredibleegg.org\/?page_id=39310"},"modified":"2023-07-25T15:52:24","modified_gmt":"2023-07-25T20:52:24","slug":"caribbean","status":"publish","type":"page","link":"https:\/\/www.incredibleegg.org\/professionals\/import-export\/for-us-egg-suppliers\/key-markets\/caribbean\/","title":{"rendered":"Caribbean"},"content":{"rendered":"
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Home<\/a><\/span><\/span><\/p><\/div>\n

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Caribbean<\/h1>\n <\/div>\n <\/div>\n\n \"Caribbean\" <\/div>\n<\/div>\n\n
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Market Overview<\/strong><\/p>\n<\/div>\n\n

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  • Market for $27 million in U.S. table egg and egg products exports during 2016, equivalent to more than 33 million dozen eggs and accounting for 13.3% of $203 million total value of U.S. exports<\/li>\n\n\n\n
  • Table eggs represented almost $24 million of this total, accounting for 19% of total value of U.S. table egg exports in 2016<\/li>\n\n\n\n
  • Egg product exports, valued at $3.3 million, accounted for about 4% of total value of U.S. egg product exports\u2014both values and shares were records<\/li>\n\n\n\n
  • More than 40 million people in Caribbean, excluding U.S. Territories and Belize, Guyana and Suriname<\/li>\n\n\n\n
  • Record 29.3 million overnight tourist arrivals and 26.3 million cruise ship passenger arrivals reported by Caribbean Tourism Organization in 2016<\/li>\n\n\n\n
  • Air traffic to Caribbean projected to grow 3.4% annually over next 20 years, reaching 76.5 million passengers annually by 2035, according to IATA forecasts<\/li>\n\n\n\n
  • 2010-14, prior to AI, U.S. egg and products exports to Caribbean equivalent to 8.8 million dozen annually<\/li>\n\n\n\n
  • 2016, total jumped to more than 33 million dozen, 1.1 million case-equivalents, more than 90% as table eggs<\/li>\n\n\n\n
  • January \u2013 April 2017, table egg exports dropped sharply, while egg products grew<\/li>\n\n\n\n
  • Caribbean egg production varies substantially year-to-year, limiting availability to consumers and others without imports<\/li>\n\n\n\n
  • Caribbean Economic Community (CARICOM) countries reliant on imports for 1\/3-1\/2 of egg consumption. Top markets in dependence on egg imports:
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    • Haiti, Guyana, Bahamas and Trinidad & Tobago, importing half or more of supply, at least in some years<\/li>\n\n\n\n
    • Bermuda, Jamaica, Dominican Republic, Suriname and St. Kitts imported 10-49%<\/li>\n<\/ul>\n<\/div><\/li>\n<\/ul>\n<\/div>\n\n
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      Market Opportunity<\/strong><\/p>\n<\/div>\n\n

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      • Egg consumption generally underdeveloped in much of region<\/li>\n\n\n\n
      • Combination of potential demand growth from local populations and tourists<\/li>\n\n\n\n
      • Use of egg products especially low<\/li>\n\n\n\n
      • Health and nutrition challenges, especially among mothers and young children and elderly and school children<\/li>\n\n\n\n
      • High levels of obesity, 53-69%, except in Haiti, with significant levels of hypertension, diabetes and cardiovascular disease
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        • Increasing egg consumption can potentially be part of strategy to improve nutrition and health<\/li>\n<\/ul>\n<\/div><\/li>\n\n\n\n
        • Tripling export value from 2016 level, going forward, with medium-term goal of 150 eggs per capita average consumption, likely attainable and allows for stronger local production
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          • Will require major market development effort and substantial commitment of resources<\/li>\n\n\n\n
          • Represents medium-term goal of 100 million dozen equivalent eggs and products<\/li>\n<\/ul>\n<\/div><\/li>\n<\/ul>\n<\/div>\n\n
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            Target Segments<\/strong><\/p>\n<\/div>\n\n

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            • Foodservice\/HRI, including QSRs and casual dining, airline and other catering<\/li>\n\n\n\n
            • Food manufacturing with focus on baking, frozen foods and baking mixes<\/li>\n\n\n\n
            • Grocery\/Modern super and hypermarkets.<\/li>\n\n\n\n
            • Importers\/Distributors<\/li>\n<\/ul>\n<\/div>","protected":false},"excerpt":{"rendered":"

              Market Overview Market Opportunity Target Segments<\/p>\n","protected":false},"author":1,"featured_media":39307,"parent":39297,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-39310","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nCaribbean - American Egg Board<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.incredibleegg.org\/professionals\/import-export\/for-us-egg-suppliers\/key-markets\/caribbean\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caribbean - American Egg Board\" \/>\n<meta property=\"og:description\" content=\"Market Overview Market Opportunity Target Segments\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.incredibleegg.org\/professionals\/import-export\/for-us-egg-suppliers\/key-markets\/caribbean\/\" \/>\n<meta property=\"og:site_name\" content=\"American Egg Board\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-25T20:52:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incredibleegg.org\/wp-content\/uploads\/2023\/07\/caribbean-thumb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"324\" \/>\n\t<meta property=\"og:image:height\" content=\"114\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.incredibleegg.org\\\/professionals\\\/import-export\\\/for-us-egg-suppliers\\\/key-markets\\\/caribbean\\\/\",\"url\":\"https:\\\/\\\/www.incredibleegg.org\\\/professionals\\\/import-export\\\/for-us-egg-suppliers\\\/key-markets\\\/caribbean\\\/\",\"name\":\"Caribbean - 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