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Dominican Republic - Leather Of Bovine And Equine Animals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bovine and Equine Leather in the Dominican Republic - 2023
Contents:
- Price for Bovine and Equine Leather in the Dominican Republic (CIF) - 2023
- Price for Bovine and Equine Leather in the Dominican Republic (FOB) - 2022
- Imports of Bovine and Equine Leather in the Dominican Republic
- Exports of Bovine and Equine Leather in the Dominican Republic
Price for Bovine and Equine Leather in the Dominican Republic (CIF) - 2023
In March 2023, the average bovine and equine leather import price amounted to $8,887 per ton, rising by 15% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 145% month-to-month. The import price peaked at $18,704 per ton in November 2022; however, from December 2022 to March 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Brazil ($15,242 per ton), while the price for the Czech Republic ($4,336 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 Turkey (+57.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bovine and Equine Leather in the Dominican Republic (FOB) - 2022
The average bovine and equine leather export price stood at $9,672 per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($32,575 per ton), while the average price for exports to China ($1,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bovine and Equine Leather in the Dominican Republic
In 2022, imports of leather of bovine and equine animals into the Dominican Republic dropped slightly to 5.5K tons, which is down by -4% compared with 2021 figures. Over the period under review, imports recorded a mild slump. The pace of growth appeared the most rapid in 2021 when imports increased by 110% against the previous year.
In value terms, bovine and equine leather imports rose slightly to $35M in 2022. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year.
Import of Bovine and Equine Leather in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.4 | 4.9 | 9.0 | 7.1 | -11.9% |
Mexico | 8.1 | 3.6 | 4.8 | 4.6 | -17.2% |
Italy | 5.4 | 3.0 | 4.3 | 4.5 | -5.9% |
Brazil | 1.5 | 0.5 | 1.4 | 2.9 | 24.6% |
Taiwan (Chinese) | 3.8 | 1.9 | 2.5 | 2.5 | -13.0% |
South Korea | 1.7 | 1.3 | 1.3 | 1.2 | -11.0% |
Portugal | 0.8 | 0.6 | 0.9 | 0.9 | 4.0% |
Bolivia | 0.4 | 0.4 | 1.3 | 0.8 | 26.0% |
Colombia | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
Costa Rica | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Paraguay | N/A | N/A | 0.1 | 0.1 | 0.0% |
Others | 10.3 | 3.5 | 8.1 | 10.3 | 0.0% |
Total | 43.3 | 20.3 | 34.2 | 35.3 | -6.6% |
Top Suppliers of Bovine and Equine Leather to the Dominican Republic in 2022:
- United States (1272.7 tons)
- Italy (1036.6 tons)
- Bolivia (819.8 tons)
- Mexico (484.7 tons)
- Brazil (255.1 tons)
- Taiwan (Chinese) (206.9 tons)
- Costa Rica (131.7 tons)
- Paraguay (109.4 tons)
- Colombia (99.5 tons)
- South Korea (91.2 tons)
- Portugal (80.9 tons)
Exports of Bovine and Equine Leather in the Dominican Republic
In 2022, approx. 340 tons of leather of bovine and equine animals were exported from the Dominican Republic; which is down by -56% against 2021. Overall, exports faced a dramatic slump. The smallest decline of -12.6% was in 2021.
In value terms, bovine and equine leather exports shrank remarkably to $3.3M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, the exports attained the peak of $7.2M, and then fell markedly in the following year.
Export of Bovine and Equine Leather in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 1,105 | 1,007 | 1,223 | 826 | -9.2% |
United States | 1,174 | 770 | 1,029 | 579 | -21.0% |
Germany | 654 | 761 | 1,189 | 363 | -17.8% |
Turkey | 111 | 384 | 335 | 228 | 27.1% |
Taiwan (Chinese) | 203 | 223 | 217 | 166 | -6.5% |
China | 522 | 233 | 131 | 112 | -40.1% |
Mexico | 216 | 186 | 163 | 106 | -21.1% |
Others | 1,440 | 1,833 | 2,918 | 906 | -14.3% |
Total | 5,425 | 5,396 | 7,204 | 3,285 | -15.4% |
Top Export Markets for Bovine and Equine Leather from the Dominican Republic in 2022:
- China (105.7 tons)
- Taiwan (Chinese) (61.3 tons)
- Italy (48.5 tons)
- United States (17.8 tons)
- Mexico (16.3 tons)
- Germany (15.6 tons)
- Turkey (15.5 tons)
This report provides an in-depth analysis of the market for bovine and equine leather 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 15113100 - Leather, of bovine animals, without hair, whole
- Prodcom 15113200 - Leather, of bovine animals, without hair, not whole
- Prodcom 15113300 - Leather, of equine animals, without hair
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for bovine and equine leather in the Dominican Republic.
This report provides an in-depth analysis of the global market for bovine and equine leather.
This report provides an in-depth analysis of the market for bovine and equine leather in the Dominican Republic.
This report provides an in-depth analysis of the global market for bovine and equine leather.
Explore the top 10 countries by import value of bovine and equine leather in 2023. Learn about the key players shaping the global leather trade landscape.
Explore the top 10 countries by import value of bovine and equine leather in 2023. Learn about the key players shaping the global leather trade landscape.