Dominican Republic - Fish Fillets and Other Fish Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fillets and Other Fish Meat in the Dominican Republic - 2023
Contents:
- Price for Fish Fillets and Other Fish Meat in the Dominican Republic (CIF) - 2022
- Price for Fish Fillets and Other Fish Meat in the Dominican Republic (FOB) - 2022
- Imports of Fish Fillets and Other Fish Meat in the Dominican Republic
- Exports of Fish Fillets and Other Fish Meat in the Dominican Republic
Price for Fish Fillets and Other Fish Meat in the Dominican Republic (CIF) - 2022
The average import price for fish fillets and other fish meat stood at $4,128 per ton in 2022, growing by 38% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. Over the period under review, average import prices reached the maximum at $5,211 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,430 per ton), while the price for Vietnam ($2,684 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish Fillets and Other Fish Meat in the Dominican Republic (FOB) - 2022
In 2022, the average export price for fish fillets and other fish meat amounted to $9,483 per ton, picking up by 25% against the previous year. Overall, the export price saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the average export price increased by 456% against the previous year. Over the period under review, the average export prices reached the maximum at $51,630 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($15,857 per ton), while the average price for exports to Italy ($2,841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+61.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish Fillets and Other Fish Meat in the Dominican Republic
In 2022, approx. 11K tons of fish fillets and other fish meat were imported into the Dominican Republic; with an increase of 35% against 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fish fillets and other fish meat surged to $47M in 2022. Overall, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Fish Fillets and Other Fish Meat in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 8.3 | 5.4 | 8.6 | 18.0 | 29.4% |
Chile | 5.8 | 4.8 | 6.2 | 12.6 | 29.5% |
China | 8.1 | 6.3 | 6.5 | 11.3 | 11.7% |
United States | 1.3 | 1.2 | 1.4 | 2.0 | 15.4% |
Indonesia | 0.4 | 0.2 | 0.4 | 0.7 | 20.5% |
Others | 3.5 | 0.9 | 2.2 | 2.7 | -8.3% |
Total | 27.5 | 18.7 | 25.4 | 47.3 | 19.8% |
Top Suppliers of Fish Fillets and Other Fish Meat to the Dominican Republic in 2022:
- Vietnam (6.7K tons)
- China (2.7K tons)
- Chile (1.2K tons)
- Indonesia (0.2K tons)
- United States (0.1K tons)
Exports of Fish Fillets and Other Fish Meat in the Dominican Republic
In 2022, after two years of decline, there was significant growth in overseas shipments of fish fillets and other fish meat, when their volume increased by 4,371% to 8.4 tons. Over the period under review, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fish fillets and other fish meat skyrocketed to $79K in 2022. In general, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Fish Fillets and Other Fish Meat in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | N/A | N/A | N/A | 59.7 | 0% |
Germany | N/A | 0.2 | N/A | 19.3 | 882.3% |
Italy | N/A | N/A | N/A | 0.4 | 0% |
Spain | 25.9 | 1.3 | N/A | N/A | -95.0% |
United States | 1.8 | 4.4 | 0.4 | N/A | -52.9% |
France | 19.8 | 0.2 | N/A | N/A | -99.0% |
Jamaica | 2.1 | 3.9 | N/A | N/A | 85.7% |
Others | 3.0 | 7.8 | 1.0 | N/A | -42.3% |
Total | 52.6 | 17.8 | 1.4 | 79.3 | 14.7% |
Top Export Markets for Fish Fillets and Other Fish Meat from the Dominican Republic in 2022:
- Chile (7.0 tons)
- Germany (1.2 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the market for fish fillets and other fish meat in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10201100 - Fresh or chilled fish fillets and other fish meat without bones
- Prodcom 10201400 - Frozen fish fillets
- Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
- Prodcom 10201110 -
- Prodcom 10201510 -
- Prodcom 10201520 -
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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