
Dominican Republic - Animal Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
Dominican Republic: Animal Fats Market 2022
Animal Fats Market Size in the Dominican Republic
The Dominican animal fats market contracted sharply to $X in 2021, waning by -X% against the previous year. In general, consumption, however, recorded a prominent increase. Animal fats consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Animal Fats Production in the Dominican Republic
In value terms, animal fats production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Animal fats production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.
Animal Fats Imports
Imports into the Dominican Republic
Animal fats imports into the Dominican Republic shrank notably to X tons in 2021, falling by -X% on 2020. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, animal fats imports dropped dramatically to $X in 2021. Overall, imports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, the United States (X tons) was the main animal fats supplier to the Dominican Republic, with a approx. X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -X%.
In value terms, the United States ($X) constituted the largest supplier of animal fats to the Dominican Republic.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +X%.
Import Prices by Country
In 2021, the average animal fats import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +X% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the animal fats market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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