Swine; Live Price in the Dominican Republic - 2022

Swine; Live Price in the Dominican Republic (FOB) - 2022

In 2022, the average swine; live export price amounted to $232 per unit, increasing by 287% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 64,300% against the previous year. Over the period under review, the average export prices reached the peak figure at $818 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.8% per year.

Swine; Live Price in the Dominican Republic (CIF) - 2022

In 2022, the average swine; live import price amounted to $913 per unit, picking up by 13% against the previous year. In general, the import price recorded pronounced growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.6% per year.

Swine; Live Exports in the Dominican Republic

In 2022, shipments abroad of swine; live increased by 100% to 2 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous contraction. The exports peaked at 11 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, swine; live exports surged to $464 in 2022. Over the period under review, exports, however, recorded a sharp contraction. The exports peaked at $4.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Swine; Live in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4.4	0.1	0.1	0.5	-51.6%
Venezuela	N/A	0.8	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	4.4	0.9	0.1	0.5	-51.6%

Top Export Markets for Swine; Live from the Dominican Republic in 2022:

United States (2.0 units)

Swine; Live Imports in the Dominican Republic

In 2022, supplies from abroad of swine; live decreased by -3.9% to 446 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 134%. Imports peaked at 464 units in 2021, and then fell slightly in the following year.

In value terms, swine; live imports rose notably to $407K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 158% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.