Report Dominican Republic - Frozen Fish and Seafood - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Dominican Republic - Frozen Fish and Seafood - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Market for Frozen Fish And Seafood 2022

Market Size for Frozen Fish And Seafood in the Dominican Republic

The Dominican frozen fish and seafood market skyrocketed to $X in 2021, increasing by X% against the previous year. Overall, consumption saw a strong increase. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the near future.

Production of Frozen Fish And Seafood in the Dominican Republic

In value terms, frozen fish and seafood production rose markedly to $X in 2021 estimated in export price. In general, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Frozen Fish And Seafood

Exports from the Dominican Republic

In 2021, shipments abroad of frozen fish and seafood was finally on the rise to reach X tons after three years of decline. In general, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, frozen fish and seafood exports rose remarkably to $X in 2021. Overall, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), the United States (X tons) and Hong Kong SAR (X tons) were the main destinations of frozen fish and seafood exports from the Dominican Republic.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fish and seafood exported from the Dominican Republic were the United States ($X), Brazil ($X) and Canada ($X), together comprising X% of total exports.

Among the main countries of destination, Brazil, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen fish and seafood export price stood at $X per ton in 2021, falling by -X% against the previous year. Overall, the export price recorded a mild downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Haiti ($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 the United States (+X%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Fish And Seafood

Imports into the Dominican Republic

In 2021, approx. X tons of frozen fish and seafood were imported into the Dominican Republic; increasing by X% compared with the previous year's figure. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen fish and seafood imports soared to $X in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), India (X tons) and Vietnam (X tons) were the main suppliers of frozen fish and seafood imports to the Dominican Republic.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Honduras (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Vietnam ($X) appeared to be the largest frozen fish and seafood suppliers to the Dominican Republic, with a combined X% share of total imports. These countries were followed by Chile, Honduras, the United States, Mexico, Argentina and Canada, which together accounted for a further X the main suppliers, Honduras, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fish and seafood import price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Honduras ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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 frozen fish and seafood in the world?
+
China remains the largest frozen fish and seafood consuming country worldwide, accounting for 31% of total volume. Moreover, frozen fish and seafood consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold. Russia ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of frozen fish and seafood in the world?
+
China constituted the country with the largest volume of frozen fish and seafood production, comprising approx. 29% of total volume. Moreover, frozen fish and seafood production in China exceeded the figures recorded by the second-largest producer, Russia, fourfold. India ranked third in terms of total production with a 5% share.
What are the leading suppliers of frozen fish and seafood to the Dominican Republic?
+
In value terms, India, China and Vietnam constituted the largest frozen fish and seafood suppliers to the Dominican Republic, together accounting for 66% of total imports. These countries were followed by Chile, Honduras, the United States, Mexico, Argentina and Canada, which together accounted for a further 20%.
What are the leading importers of frozen fish and seafood from the Dominican Republic?
+
In value terms, the United States, Brazil and Canada constituted the largest markets for frozen fish and seafood exported from the Dominican Republic worldwide, together comprising 49% of total exports.
What is the average export price for frozen fish and seafood in the Dominican Republic?
+
The average frozen fish and seafood export price stood at $8,226 per ton in 2021, declining by -7% against the previous year.
What is the average import price for frozen fish and seafood in the Dominican Republic?
+
In 2021, the average frozen fish and seafood import price amounted to $3,997 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the market for frozen fish and seafood 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 10201330 - Frozen whole salt water fish
• Prodcom 10201360 - Frozen whole fresh water fish
• Prodcom 10201400 - Frozen fish fillets
• Prodcom 10201500 - Frozen fish meat without bones (excluding fillets)
• Prodcom 10201600 - Frozen fish livers and roes
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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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