Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic - 2023

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic (CIF) - 2023
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic (FOB) - 2022
  3. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic
  4. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $15,702 per ton, jumping by 143% against the previous month. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was New Zealand ($31,033 per ton), while the price for Australia ($12,701 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced a decline.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic (FOB) - 2022

The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $4,935 per ton in 2022, increasing by 12% against the previous year. Overall, the export price showed strong growth. The most prominent rate of growth was recorded in 2015 an increase of 143% against the previous year. The export price peaked at $8,614 per ton in 2017; however, from 2018 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 Haiti.

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to -0.0% per year.

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic

In 2022, purchases abroad of meat of sheep or goats; fresh, chilled or frozen was finally on the rise to reach 418 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible decline.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen skyrocketed to $5M in 2022. Overall, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3.11.10.93.43.1%
New Zealand0.40.40.71.348.1%
United States0.30.10.50.30.0%
OthersN/AN/AN/AN/A0%
Total3.81.62.15.09.6%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to the Dominican Republic in 2022:

  1. Australia (338.5 tons)
  2. New Zealand (49.9 tons)
  3. United States (28.1 tons)

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic

In 2022, shipments abroad of meat of sheep or goats; fresh, chilled or frozen was finally on the rise to reach 155 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp descent.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen surged to $765 in 2022. Overall, exports, however, continue to indicate a dramatic setback.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti2190.90.40.8-84.6%
Others1.50.2N/AN/A-86.7%
Total2211.20.40.8-84.6%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from the Dominican Republic in 2022:

  1. Haiti (154.0 kg)

Source: IndexBox Market Intelligence Platform

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