Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic - 2022
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic (FOB) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic (CIF) - 2022
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $3,477 per ton, with an increase of 21% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 65%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($5,560 per ton), while the average price for exports to the United States totaled $3,301 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+76.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $2,681 per ton, with a decrease of -30.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 88% against the previous year. The import price peaked at $5,484 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2,728 per ton) and the Netherlands ($2,295 per ton), while the price for Italy ($2,056 per ton) and Spain ($2,182 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic
In 2022, shipments abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -16.9% to 341 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 76%. As a result, the exports attained the peak of 455 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds amounted to $1.2M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 192% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 264 | 497 | 771 | 1,039 | 57.9% |
| Spain | 18.3 | 52.2 | 108 | 145 | 99.4% |
| Haiti | N/A | 48.9 | 55.1 | N/A | 12.7% |
| Chile | N/A | 229 | 245 | N/A | 7.0% |
| Others | 1.6 | 1.1 | 1.0 | 1.4 | -4.4% |
| Total | 284 | 829 | 1,180 | 1,186 | 61.0% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from the Dominican Republic in 2022:
- United States (314.9 tons)
- Spain (26.1 tons)
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic
In 2022, purchases abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -64.7% to 6.8 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, imports attained the peak of 39 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds shrank significantly to $18K in 2022. In general, imports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, imports attained the peak of $79K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 49.6 | 77.4 | 73.1 | 17.1 | -29.9% |
| Netherlands | 1.2 | 1.0 | 0.8 | 0.6 | -20.6% |
| Spain | 0.7 | 0.6 | 0.5 | 0.4 | -17.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 51.8 | 79.2 | 74.6 | 18.3 | -29.3% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to the Dominican Republic in 2022:
- United States (6.3 tons)
- Netherlands (0.3 tons)
- Spain (0.2 tons)
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