Price for Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic (CIF) - 2023
- Price for Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic
- Exports of Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic
Price for Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for meat of bovine animals; fresh or chilled amounted to $14,280 per ton, growing by 12% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 20% month-to-month. The import price peaked in March 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.
Price for Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $3,540 per ton in 2022, shrinking by -29.3% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 36%. Over the period under review, the average export prices reached the maximum at $7,156 per ton in 2018; however, from 2019 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 Haiti amounted to +5.4% per year.
Imports of Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic
In 2022, the amount of meat of bovine animals; fresh or chilled imported into the Dominican Republic declined to 1.1K tons, dropping by -9.7% compared with the previous year. In general, total imports indicated a resilient expansion 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 +54.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of 1.2K tons, and then reduced in the following year.
In value terms, imports of meat of bovine animals; fresh or chilled fell to $14M in 2022. Overall, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. As a result, imports reached the peak of $16M, and then declined in the following year.
| Import of Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.9 | 7.9 | 15.4 | 13.7 | 11.4% |
| Guatemala | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Total | 10.0 | 8.0 | 15.8 | 13.8 | 11.3% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to the Dominican Republic in 2022:
- United States (1074.1 tons)
- Guatemala (19.6 tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic
Exports of meat of bovine animals; fresh or chilled from the Dominican Republic shrank notably to 50 kg in 2022, reducing by -98.2% against 2021 figures. In general, exports recorded a sharp descent. The smallest decline of -21.1% was in 2020.
In value terms, exports of meat of bovine animals; fresh or chilled fell rapidly to $177 in 2022. Overall, exports saw a sharp setback. The smallest decline of -21.4% was in 2020.
| Export of Meat of Bovine Animals; Fresh or Chilled in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.7 | 7.5 | 0.3 | 0.2 | -80.2% |
| Spain | 9.1 | 0.8 | 0.5 | N/A | -76.6% |
| Haiti | 24.2 | 19.5 | 3.0 | N/A | -64.8% |
| Guatemala | 2.4 | 2.6 | 1.3 | N/A | -26.4% |
| France | 3.7 | 2.6 | 0.4 | N/A | -67.1% |
| El Salvador | 25.3 | 38.0 | 7.9 | N/A | -44.1% |
| Others | 1.9 | 1.6 | 0.3 | N/A | -60.3% |
| Total | 92.3 | 72.5 | 13.7 | 0.2 | -87.1% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from the Dominican Republic in 2022:
- United States (50.0 kg)
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