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Report Dominican Republic - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Jun 26, 2022

Dominican Republic - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Dominican Republic: Bacon And Ham Market 2022

Bacon And Ham Market Size in the Dominican Republic

The Dominican bacon and ham market soared to $X in 2021, with an increase of X% against the previous year. Overall, consumption posted a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Bacon And Ham Production in the Dominican Republic

In value terms, bacon and ham production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a precipitous decrease. Bacon and ham production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Bacon And Ham Exports

Exports from the Dominican Republic

In 2021, approx. X tons of bacon, ham and other dried, salted or smoked pig meat were exported from the Dominican Republic; shrinking by -X% compared with the year before. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, bacon and ham exports shrank notably to $X in 2021. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for bacon and ham exports from the Dominican Republic, with a X% share of total exports. Moreover, bacon and ham exports to the United States exceeded the volume sent to the second major destination, France (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Haiti (-X% per year).

In value terms, the largest markets for bacon and ham exported from the Dominican Republic were the United States ($X), Haiti ($X) and France ($X), together accounting for X% of total exports.

France, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average bacon and ham export price stood at $X per ton in 2021, rising by X% against the previous year. In general, the export price, however, saw a perceptible reduction. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Haiti ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Bacon And Ham Imports

Imports into the Dominican Republic

Bacon and ham imports into the Dominican Republic surged to X tons in 2021, rising by X% against the previous year. Overall, imports continue to indicate prominent growth. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, bacon and ham imports surged to $X in 2021. Over the period under review, imports continue to indicate a resilient increase. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest bacon and ham supplier to the Dominican Republic, with a X% share of total imports. Moreover, bacon and ham imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), more than tenfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and Spain (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of bacon and ham to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Canada (-X% per year).

Import Prices by Country

The average bacon and ham import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the import price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Spain ($X per ton) and Germany ($X per ton), while the price for Canada ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year	Historical Period	Forecast Period	Units
2021	2007-2021	2022-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for bacon, ham and other dried, salted or smoked pig meat in the world?

The countries with the highest volumes of in 2021 were the United States, Germany and Italy, with a combined 42% share of global consumption. These countries were followed by the UK, Brazil, Mexico, Spain, Japan, France, Poland, Ireland and South Korea, which together accounted for a further 45%.

What are the largest producers of bacon, ham and other dried, salted or smoked pig meat in the world?

The countries with the highest volumes of in 2021 were the United States, Italy and Germany, together accounting for 44% of global production. The UK, Brazil, Spain, Mexico, Japan, France, Poland, Ireland, the Netherlands and South Korea lagged somewhat behind, together comprising a further 44%.

What are the leading suppliers of bacon, ham and other dried, salted or smoked pig meat to the Dominican Republic?

In value terms, the United States constituted the largest supplier of bacon and ham to the Dominican Republic, comprising 85% of total imports. The second position in the ranking was occupied by Spain, with a 6.3% share of total imports. It was followed by Canada, with a 4.9% share.

What are the leading importers of bacon, ham and other dried, salted or smoked pig meat from the Dominican Republic?

In value terms, the largest markets for bacon and ham exported from the Dominican Republic were the United States, Haiti and France $817), together comprising 99% of total exports.

What is the average export price for bacon, ham and other dried, salted or smoked pig meat in the Dominican Republic?

The average bacon and ham export price stood at $3,243 per ton in 2021, growing by 72% against the previous year.

What is the average import price for bacon, ham and other dried, salted or smoked pig meat in the Dominican Republic?

The average bacon and ham import price stood at $6,424 per ton in 2021, increasing by 3.8% against the previous year.

This report provides an in-depth analysis of the bacon and ham 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.

Product coverage:

• Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked

• Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked

• Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)

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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

GLOSSARY AND SPECIFIC TERMS

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance