Price for Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic - 2022
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic
Price for Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic (CIF) - 2022
In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $9,741 per ton, falling by -26.8% against the previous year. In general, the import price saw a perceptible decrease. The pace of growth was the most pronounced in 2017 an increase of 34%. As a result, import price reached the peak level of $21,423 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
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 -2.1% per year.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic (FOB) - 2022
The average export price for crustacean preparations; lobster, prepared or preserveds stood at $21,787 per ton in 2022, increasing by 3% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 6.9%. The export price peaked at $43,720 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 -6.7% per year.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic
In 2022, after two years of decline, there was significant growth in supplies from abroad of crustacean preparations; lobster, prepared or preserveds, when their volume increased by 119% to 735 kg. Over the period under review, imports, however, showed a precipitous contraction.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds skyrocketed to $7.2K in 2022. In general, imports, however, faced a precipitous curtailment.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.1 | 6.4 | 1.0 | 7.2 | -20.1% |
| Spain | 7.1 | 6.4 | 3.5 | N/A | -29.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.2 | 12.9 | 4.5 | 7.2 | -30.2% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to the Dominican Republic in 2022:
- United States (735.0 kg)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic
In 2022, approx. 4 tons of crustacean preparations; lobster, prepared or preserveds were exported from the Dominican Republic; with an increase of 6.7% against the previous year. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,106%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds amounted to $87K in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 976% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.1 | 7.4 | 79.4 | 87.2 | 65.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.1 | 7.4 | 79.4 | 87.2 | 65.9% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from the Dominican Republic in 2022:
- United States (4.0 tons)
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