Price for Fish Meal; Fit for Human Consumption in the Dominican Republic - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in the Dominican Republic (CIF) - 2022
- Imports of Fish Meal; Fit for Human Consumption in the Dominican Republic
Price for Fish Meal; Fit for Human Consumption in the Dominican Republic (CIF) - 2022
In 2022, the average import price for fish meal; fit for human consumptia amounted to $9,598 per ton, growing by 3% against the previous year. Overall, the import price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of 94% against the previous year. As a result, import price attained the peak level of $18,151 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($61,524 per ton), while the price for the United States ($2,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Fish Meal; Fit for Human Consumption in the Dominican Republic
In 2022, after two years of decline, there was significant growth in overseas purchases of fish meal; fit for human consumptia, when their volume increased by 41% to 423 kg. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of fish meal; fit for human consumptia surged to $4.1K in 2022. Over the period under review, imports, however, showed a deep contraction.
| Import of Fish Meal; Fit for Human Consumption in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,635 | 1,218 | 766 | 1,292 | -7.5% |
| Spain | 1,106 | 907 | 625 | 927 | -5.7% |
| United States | 1,223 | 904 | 562 | 751 | -15.0% |
| China | 1,173 | 815 | 476 | 599 | -20.1% |
| Colombia | 850 | 616 | 375 | 491 | -16.7% |
| Others | N/A | 857 | N/A | N/A | 0% |
| Total | 5,987 | 5,317 | 2,804 | 4,060 | -12.1% |
Top Suppliers of Fish Meal; Fit for Human Consumption to the Dominican Republic in 2022:
- United States (359.0 kg)
- Norway (21.0 kg)
- Spain (20.0 kg)
- China (13.0 kg)
- Colombia (10.0 kg)
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