Price for Frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) in the Dominican Republic - 2023

Contents:

  1. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic (CIF) - 2022
  2. Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic (FOB) - 2022
  3. Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic
  4. Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic (CIF) - 2022

In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $15,723 per ton, declining by -4.8% against the previous year. In general, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 86%. Over the period under review, average import prices reached the maximum at $16,522 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27,865 per ton), while the price for Australia ($10,055 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 (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic (FOB) - 2022

In 2022, the average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $4,250 per ton, dropping by -6.2% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 825%. The export price peaked at $6,857 per ton in 2016; however, from 2017 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 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +4.9% per year.

Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic

Imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into the Dominican Republic soared to 31 tons in 2022, increasing by 614% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $483K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
New Zealand15.18.5239297.8%
Australia21.427.4187195.6%
United States95.83.957.3-22.7%
Germany27.615.3N/A-44.6%
Others28.116.0N/A-43.1%
Total18871.148360.3%

Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to the Dominican Republic in 2022:

  1. Australia (18.6 tons)
  2. New Zealand (10.0 tons)
  3. United States (2.1 tons)

Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic

Exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) from the Dominican Republic contracted rapidly to 8 kg in 2022, with a decrease of -46.7% on the previous year's figure. In general, exports saw a precipitous curtailment.

In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted sharply to $34 in 2022. Over the period under review, exports saw a sharp curtailment.

Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in the Dominican Republic (USD)
COUNTRY20212022CAGR,
2021-2022
United States68.034.0-50.0%
OthersN/AN/A0%
Total68.034.0-50.0%

Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from the Dominican Republic in 2022:

  1. United States (8.0 kg)

Source: IndexBox Market Intelligence Platform

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