Dominican Republic - Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat and Fish Extracts in the Dominican Republic - 2023
Contents:
- Price for Meat and Fish Extracts in the Dominican Republic (CIF) - 2022
- Price for Meat and Fish Extracts in the Dominican Republic (FOB) - 2022
- Imports of Meat and Fish Extracts in the Dominican Republic
- Exports of Meat and Fish Extracts in the Dominican Republic
Price for Meat and Fish Extracts in the Dominican Republic (CIF) - 2022
In 2022, the average meat and fish extracts import price amounted to $575 per ton, which is down by -44.5% against the previous year. In general, the import price continues to indicate a dramatic slump. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. The import price peaked at $8,040 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,748 per ton), while the price for South Korea ($121 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-13.7%), while the prices for the other major suppliers experienced a decline.
Price for Meat and Fish Extracts in the Dominican Republic (FOB) - 2022
In 2022, the average meat and fish extracts export price amounted to $3,263 per ton, dropping by -3.2% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 12%. Over the period under review, the average export prices reached the peak figure at $12,000 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to -5.0% per year.
Imports of Meat and Fish Extracts in the Dominican Republic
In 2022, approx. 14 tons of extracts and juices of meat, fish, crustaceans and molluscs were imported into the Dominican Republic; picking up by 40% against the previous year. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 153%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, meat and fish extracts imports dropped notably to $8K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 82%. As a result, imports attained the peak of $10K, and then declined sharply in the following year.
| Import of Meat and Fish Extracts in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.0 | 5.3 | 8.4 | 7.3 | 34.5% |
| Italy | N/A | N/A | 0.2 | 0.2 | 0.0% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.4 | 1.6 | 0.4 | 58.7% |
| Total | 3.1 | 5.6 | 10.3 | 8.0 | 37.2% |
Top Suppliers of Meat and Fish Extracts to the Dominican Republic in 2022:
- France (12.5 tons)
- Italy (0.4 tons)
- South Korea (0.3 tons)
Exports of Meat and Fish Extracts in the Dominican Republic
Meat and fish extracts exports from the Dominican Republic shrank significantly to 19 kg in 2022, with a decrease of -45.7% against 2021. Overall, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 1,650%.
In value terms, meat and fish extracts exports dropped markedly to $62 in 2022. Over the period under review, exports faced a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 1,867% against the previous year.
| Export of Meat and Fish Extracts in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 129 | 6.0 | 118 | 62.0 | -21.7% |
| Jamaica | 7.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 136 | 6.0 | 118 | 62.0 | -23.0% |
Top Export Markets for Meat and Fish Extracts from the Dominican Republic in 2022:
- United States (19.0 kg)
This report provides an in-depth analysis of the market for meat and fish extracts 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 10891400 - Extracts and juices of meat, fish, crustaceans, molluscs or other aquatic invertebrates
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
-
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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