Price for Insects; Live, Other than Bees in the Dominican Republic - 2023
Contents:
- Price for Insects; Live, Other than Bees in the Dominican Republic (CIF) - 2022
- Imports of Insects; Live, Other than Bees in the Dominican Republic
Price for Insects; Live, Other than Bees in the Dominican Republic (CIF) - 2022
The average import price for insects; live, other than beeses stood at $0.1 per thousand units in 2022, increasing by 8.8% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 57% against the previous year. The import price peaked at $0.1 per thousand units in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($0.1 per thousand units), while the price for Israel (less than $0.1 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.7%), while the prices for the other major suppliers experienced a decline.
Imports of Insects; Live, Other than Bees in the Dominican Republic
After two years of decline, overseas purchases of insects; live, other than beeses increased by 1,465% to 766M units in 2022. Overall, imports, however, showed a abrupt decline. Imports peaked at 951M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, insects; live, other than bees imports skyrocketed to $60K in 2022. Over the period under review, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Insects; Live, Other than Bees in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 11.7 | 3.8 | 2.7 | 52.2 | 64.6% |
| Netherlands | 9.7 | 4.5 | 0.5 | 3.8 | -26.8% |
| Israel | 12.2 | 4.4 | 0.2 | 2.1 | -44.4% |
| United States | N/A | N/A | N/A | 1.7 | 0% |
| Mexico | 9.0 | N/A | N/A | N/A | 0% |
| Others | 4.8 | 4.3 | 0.1 | N/A | -85.6% |
| Total | 47.4 | 16.9 | 3.5 | 59.9 | 8.1% |
Top Suppliers of Insects; Live, Other than Bees to the Dominican Republic in 2022:
- Belgium (570.2M units)
- Israel (93.4M units)
- Netherlands (87.8M units)
- United States (14.6M units)
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