Dominican Republic - Bellies And Cuts Of Swine (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Salted, Dried, or Smoked Swine Bellies in the Dominican Republic - 2023
Contents:
- Price for Salted, Dried, or Smoked Swine Bellies in the Dominican Republic (CIF) - 2023
- Price for Salted, Dried, or Smoked Swine Bellies in the Dominican Republic (FOB) - 2022
- Imports of Salted, Dried, or Smoked Swine Bellies in the Dominican Republic
- Exports of Salted, Dried, or Smoked Swine Bellies in the Dominican Republic
Price for Salted, Dried, or Smoked Swine Bellies in the Dominican Republic (CIF) - 2023
The average import price for swine bellies (salted, in brine, dried or smoked) stood at $5,874 per ton in March 2023, declining by -4.5% against the previous month. Overall, the import price continues to indicate a slight decrease. The growth pace was the most rapid in May 2022 an increase of 23% against the previous month. As a result, import price attained the peak level of $9,371 per ton. From June 2022 to March 2023, the average import prices remained at a lower figure.
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 -1.7% per month.
Price for Salted, Dried, or Smoked Swine Bellies in the Dominican Republic (FOB) - 2022
In 2022, the average export price for swine bellies (salted, in brine, dried or smoked) amounted to $8,393 per ton, with a decrease of -2.9% against the previous year. Over the period under review, the export price, however, continues to indicate measured growth. The pace of growth appeared the most rapid in 2021 an increase of 98% against the previous year. Over the period under review, the average export prices reached the maximum at $12,006 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($25,605 per ton), while the average price for exports to the United States amounted to $3,160 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saint Kitts and Nevis (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Salted, Dried, or Smoked Swine Bellies in the Dominican Republic
Imports of swine bellies (salted, in brine, dried or smoked) into the Dominican Republic surged to 1.1K tons in 2022, jumping by 47% on 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of swine bellies (salted, in brine, dried or smoked) soared to $8.3M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Salted, Dried, or Smoked Swine Bellies in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.7 | 2.9 | 4.4 | 8.2 | 30.4% |
Spain | N/A | N/A | 0.1 | 0.1 | 0.0% |
Germany | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Canada | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Total | 4.1 | 3.1 | 4.8 | 8.3 | 26.5% |
Top Suppliers of Salted, Dried, or Smoked Swine Bellies to the Dominican Republic in 2022:
- United States (1081.8 tons)
- Spain (24.6 tons)
Exports of Salted, Dried, or Smoked Swine Bellies in the Dominican Republic
After three years of growth, overseas shipments of swine bellies (salted, in brine, dried or smoked) decreased by -42.6% to 163 kg in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 337% against the previous year. As a result, the exports reached the peak of 284 kg, and then dropped notably in the following year.
In value terms, exports of swine bellies (salted, in brine, dried or smoked) dropped markedly to $1.4K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 767%. As a result, the exports attained the peak of $2.5K, and then shrank notably in the following year.
Export of Salted, Dried, or Smoked Swine Bellies in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 416 | 96.0 | 1,746 | 973 | 32.7% |
United States | 83.0 | 155 | 708 | 395 | 68.2% |
Others | N/A | 32.0 | N/A | N/A | 0% |
Total | 499 | 283 | 2,454 | 1,368 | 40.0% |
Top Export Markets for Salted, Dried, or Smoked Swine Bellies from the Dominican Republic in 2022:
- United States (125.0 kg)
- Haiti (38.0 kg)
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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