Price for Frozen Sheep (Including Lamb) Boneless Cuts in the Dominican Republic - 2022

Contents:

  1. Price for Frozen Sheep (Including Lamb) Boneless Cuts in the Dominican Republic (CIF) - 2022
  2. Imports of Frozen Sheep (Including Lamb) Boneless Cuts in the Dominican Republic

Price for Frozen Sheep (Including Lamb) Boneless Cuts in the Dominican Republic (CIF) - 2022

The average import price for frozen sheep (including lamb) boneless cutses stood at $8,115 per ton in 2022, waning by -9.8% against the previous year. Over the last six-year period, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2020 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $10,529 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($22,500 per ton), while the price for Australia ($17,162 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Frozen Sheep (Including Lamb) Boneless Cuts in the Dominican Republic

Imports of frozen sheep (including lamb) boneless cutses into the Dominican Republic skyrocketed to 63 tons in 2022, with an increase of 162% compared with 2021 figures. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 413% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of frozen sheep (including lamb) boneless cutses soared to $515K in 2022. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 338%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Frozen Sheep (Including Lamb) Boneless Cuts in the Dominican Republic (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United States0.12.62.1358.3%
AustraliaN/AN/A1.80%
Germany1.01.70.1-68.4%
United KingdomN/AN/AN/A0%
Others48.5214511224.6%
Total49.7218515221.9%

Top Suppliers of Frozen Sheep (Including Lamb) Boneless Cuts to the Dominican Republic in 2022:

  1. United States (0.1 tons)
  2. Australia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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