Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic - 2023

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic (CIF) - 2023
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic (FOB) - 2022
  3. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic
  4. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $7,190 per ton, jumping by 93% against the previous month. Over the period under review, the import price posted a resilient increase. The pace of growth was the most pronounced in August 2022 an increase of 220% against the previous month. As a result, import price attained the peak level of $11,592 per ton. From September 2022 to March 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was China ($8,090 per ton), while the price for Indonesia stood at $7,135 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic (FOB) - 2022

The average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $6,514 per ton in 2022, surging by 47% against the previous year. Over the period under review, the export price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2021 an increase of 52%. Over the period under review, the average export prices attained the peak figure at $8,192 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +4.8% per year.

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic

In 2022, after two years of decline, there was significant growth in overseas purchases of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s, when their volume increased by 181% to 380 tons. In general, imports, however, showed a dramatic decline.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16953778.081669.0%
Indonesia21263.49.745729.2%
Vietnam19911118.232.2-45.5%
United States10533.74.30.2-87.6%
Argentina73.226.412.6N/A-58.5%
Guyana112N/AN/AN/A0%
Chile1,022937240N/A-51.5%
Singapore27.631.29.6N/A-41.0%
Brazil11037.04.4N/A-80.0%
Others12222037.09.1-57.9%
Total2,1511,9984141,315-15.1%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to the Dominican Republic in 2022:

  1. China (224.6 tons)
  2. Indonesia (147.1 tons)
  3. Vietnam (7.2 tons)
  4. United States (0.1 tons)

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic

In 2022, shipments abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s was finally on the rise to reach 74 kg after two years of decline. In general, exports, however, showed a dramatic downturn.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $482 in 2022. Over the period under review, exports, however, recorded a sharp contraction.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti93635891.0454-21.4%
Others43.016.02.028.0-13.3%
Total97937493.0482-21.0%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from the Dominican Republic in 2022:

  1. Haiti (73.0 kg)

Source: IndexBox Market Intelligence Platform

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