Price for Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic - 2023

Contents:

  1. Price for Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic (CIF) - 2023
  2. Price for Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic (FOB) - 2022
  3. Imports of Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic
  4. Exports of Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic

Price for Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic (CIF) - 2023

In March 2023, the average import price for frozen lamb carcasses and half-carcasseses amounted to $14,457 per ton, jumping by 120% against the previous month. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $15,238 per ton in November 2022; however, from December 2022 to March 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($30,555 per ton), while the price for Australia totaled $12,694 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $4,583 per ton, rising by 4.2% against the previous year. Overall, the export price showed tangible growth. The growth pace was the most rapid in 2014 an increase of 251% against the previous year. The export price peaked at $15,308 per ton in 2017; however, from 2018 to 2022, the export prices stood 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 2013 to 2022, the rate of growth in terms of prices for France amounted to +125.1% per year.

Imports of Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic

In 2022, approx. 366 tons of frozen lamb carcasses and half-carcasseses were imported into the Dominican Republic; growing by 141% compared with the previous year. In general, imports, however, saw a deep slump.

In value terms, frozen lamb carcasses and half-carcasses imports skyrocketed to $4.3M in 2022. Over the period under review, imports saw perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3,1097888573,064-0.5%
New Zealand3612866711,01941.3%
United States29047.4405244-5.6%
Others16.49.05.4N/A-42.6%
Total3,7761,1301,9384,3274.6%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to the Dominican Republic in 2022:

  1. Australia (306.8 tons)
  2. New Zealand (35.7 tons)
  3. United States (23.2 tons)

Exports of Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic

In 2022, after two years of decline, there was significant decline in overseas shipments of frozen lamb carcasses and half-carcasseses, when their volume decreased by -52% to 12 kg. Overall, exports showed a sharp decline.

In value terms, frozen lamb carcasses and half-carcasses exports shrank remarkably to $55 in 2022. In general, exports showed a dramatic shrinkage.

Export of Frozen Lamb Carcasses and Half-Carcasses in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States176N/A11055.0-32.1%
OthersN/AN/AN/AN/A0%
Total176N/A11055.0-32.1%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from the Dominican Republic in 2022:

  1. United States (12.0 kg)

Source: IndexBox Market Intelligence Platform

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