Report Update May 1, 2024

Dominican Republic - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in the Dominican Republic

In 2020, the Dominican frozen yellowfin tuna market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption saw a dramatic setback. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Frozen Yellowfin Tuna Exports

Exports from the Dominican Republic

For the eighth year in a row, the Dominican Republic recorded growth in overseas shipments of frozen yellowfin tuna, which increased by X% to X tons in 2020. In general, exports posted significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen yellowfin tuna exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The U.S. (X tons) was the main destination for frozen yellowfin tuna exports from the Dominican Republic, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) also remains the key foreign market for frozen yellowfin tuna exports from the Dominican Republic.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%.

Export Prices by Country

The average frozen yellowfin tuna export price stood at $X per ton in 2020, growing by X% against the previous year. In general, the export price saw a buoyant increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Frozen Yellowfin Tuna Imports

Imports into the Dominican Republic

In 2020, purchases abroad of frozen yellowfin tuna decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, frozen yellowfin tuna imports fell significantly to $X in 2020. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Panama (X tons) constituted the largest frozen yellowfin tuna supplier to the Dominican Republic, with a X% share of total imports. Moreover, frozen yellowfin tuna imports from Panama exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold.

From 2007 to 2020, the average annual growth rate of volume from Panama stood at +X%.

In value terms, Panama ($X) constituted the largest supplier of frozen yellowfin tuna to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Panama totaled -X%.

Import Prices by Country

The average frozen yellowfin tuna import price stood at $X per ton in 2020, falling by -X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Vietnam ($X per ton), while the price for Panama amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna consumption in 2020 were Thailand, Taiwan Chinese) and Spain, together comprising 37% of global consumption. Papua New Guinea, Vietnam, Japan, Italy, Panama, Seychelles, France, Mauritius, China and Indonesia lagged somewhat behind, together comprising a further 46%.

What are the largest producers of frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna production in 2020 were Taiwan Chinese), Papua New Guinea and France, together comprising 41% of global production.

What are the leading suppliers of frozen yellowfin tuna to the Dominican Republic?

In value terms, Panama constituted the largest supplier of frozen yellowfin tuna to the Dominican Republic, comprising 69% of total imports. The second position in the ranking was occupied by Vietnam, with a 31% share of total imports.

What are the leading importers of frozen yellowfin tuna from the Dominican Republic?

In value terms, the U.S. remains the key foreign market for frozen yellowfin tuna exports from the Dominican Republic.

What is the average export price for frozen yellowfin tuna in the Dominican Republic?

The average frozen yellowfin tuna export price stood at $5,133 per ton in 2020, rising by 193% against the previous year.

What is the average import price for frozen yellowfin tuna in the Dominican Republic?

The average frozen yellowfin tuna import price stood at $1,449 per ton in 2020, dropping by -38.8% against the previous year.

This report provides an in-depth analysis of the frozen yellowfin tuna 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 2025.

Product coverage:

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023