Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the Dominican Republic - 2023

Contents:

  1. Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the Dominican Republic (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the Dominican Republic

Price for Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the Dominican Republic (CIF) - 2022

In 2022, the average import price for fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s amounted to $6,093 per ton, growing by 32% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($13,634 per ton), while the price for Norway ($5,548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the Dominican Republic

In 2022, purchases abroad of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s increased by 19% to 278 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of fish fillets; frozen, cod (gadus morhua, gadus ogac, gadus macrocephalus)s skyrocketed to $1.7M in 2022. Overall, imports, however, recorded a perceptible descent.

Import of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2671,5245771,4895.5%
Portugal4.647.466.888.2167.7%
Norway35.932.419.118.6-19.7%
Others49619041896.6-42.0%
Total1,8031,7941,0811,693-2.1%

Top Suppliers of Fish Fillets; Frozen, Cod (Gadus Morhua, Gadus Ogac, Gadus Macrocephalus) to the Dominican Republic in 2022:

  1. China (260.6 tons)
  2. Portugal (6.8 tons)
  3. Norway (3.4 tons)

Source: IndexBox Market Intelligence Platform

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