Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic (CIF) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic (FOB) - 2022
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,434 per ton, dropping by -14.5% against the previous month. Over the period under review, import price indicated a mild expansion from March 2022 to March 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, import price for offal, edible; of swine, (other than livers), frozen decreased by -14.5% against February 2023 indices. The growth pace was the most rapid in July 2022 an increase of 34% month-to-month. The import price peaked at $1,981 per ton in November 2022; however, from December 2022 to March 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($1,549 per ton), while the price for the UK ($1,264 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 UK (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic (FOB) - 2022
In 2022, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $2,381 per ton, reducing by -6% against the previous year. In general, the export price, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2016 an increase of 77%. The export price peaked at $65,000 per ton in 2018; however, from 2019 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 +0.0% per year.
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic
Imports of offal, edible; of swine, (other than livers), frozen into the Dominican Republic surged to 5.1K tons in 2022, jumping by 81% compared with the previous year. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of swine, (other than livers), frozen soared to $6.7M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 5.6 | 0% |
| United States | 1.1 | 2.0 | 3.1 | 1.0 | -3.1% |
| Others | 0.9 | N/A | 0.4 | 0.1 | -51.9% |
| Total | 2.0 | 2.1 | 3.5 | 6.7 | 49.6% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to the Dominican Republic in 2022:
- United Kingdom (4.4K tons)
- United States (0.6K tons)
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic
In 2022, shipments abroad of offal, edible; of swine, (other than livers), frozen increased by 320% to 63 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic shrinkage.
In value terms, exports of offal, edible; of swine, (other than livers), frozen skyrocketed to $150 in 2022. Over the period under review, exports, however, recorded a precipitous shrinkage.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 753 | 262 | 38.0 | 150 | -41.6% |
| Haiti | 457 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,210 | 262 | 38.0 | 150 | -50.1% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from the Dominican Republic in 2022:
- United States (63.0 kg)
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