Price for Fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat in the Dominican Republic - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic (CIF) - 2023
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic (FOB) - 2022
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic (CIF) - 2023
The average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $15,420 per ton in March 2023, picking up by 5% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 50% against the previous month. As a result, import price attained the peak level of $19,117 per ton. From August 2022 to March 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to -0.3% per month.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic (FOB) - 2022
In 2022, the average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $3,540 per ton, shrinking by -29.4% against the previous year. Over the period under review, the export price saw a noticeable descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 59% against the previous year. As a result, the export price attained the peak level of $6,145 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.0% per year.
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic
In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into the Dominican Republic dropped remarkably to 395 tons, declining by -29.7% against the year before. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports reached the peak of 562 tons, and then reduced dramatically in the following year.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat reduced notably to $5.5M in 2022. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of $7.2M, and then reduced remarkably in the following year.
Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.8 | 4.0 | 7.0 | 5.5 | -1.8% |
Nicaragua | N/A | N/A | 0.2 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.8 | 4.0 | 7.2 | 5.5 | -1.8% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to the Dominican Republic in 2022:
- United States (395.0 tons)
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic
Exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from the Dominican Republic contracted rapidly to 50 kg in 2022, falling by -98.2% against 2021 figures. Overall, exports saw a sharp downturn. The smallest decline of -62% was in 2020.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat fell remarkably to $177 in 2022. In general, exports recorded a precipitous contraction. The smallest decline of -68.9% was in 2020.
Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 79.5 | 33.5 | 13.4 | 0.2 | -86.4% |
Haiti | 90.2 | 2.8 | N/A | N/A | -96.9% |
Guatemala | N/A | 16.5 | N/A | N/A | 0% |
Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
Total | 170 | 52.9 | 13.7 | 0.2 | -89.4% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from the Dominican Republic in 2022:
- United States (50.0 kg)
This report provides an in-depth analysis of the fresh beef carcase market in the Dominican Republic.
This report provides an in-depth analysis of the beef market in the Dominican Republic.
This report provides an in-depth analysis of the meat and poultry market in the Dominican Republic.
This report provides an in-depth analysis of the meat market in the Dominican Republic.
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
This report provides an in-depth analysis of the global fresh beef carcase market.
This report provides an in-depth analysis of the global beef market.
This report provides an in-depth analysis of the global meat and poultry market.
This report provides an in-depth analysis of the global meat market.
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
Discover the top-10 countries leading the world in importing fresh beef carcase in 2022. Explore key statistics and market insights.
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms