Dominican Republic: Market for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather 2024

Market Size for Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in the Dominican Republic

The Dominican market for sheep, goat, swine or reptile leather, excluding chamois leather surged to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Production of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather in the Dominican Republic

In value terms, production of sheep, goat, swine or reptile leather, excluding chamois leather skyrocketed to $X in 2023 estimated in export price. Over the period under review, production, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Exports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Exports from the Dominican Republic

In 2023, overseas shipments of sheep, goat, swine or reptile leather, excluding chamois leather decreased by X% to X square meters for the first time since 2020, thus ending a two-year declining trend. Overall, exports showed a significant decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X square meters in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of sheep, goat, swine or reptile leather, excluding chamois leather shrank sharply to $X in 2023. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for exports of sheep, goat, swine or reptile leather, excluding chamois leather from the Dominican Republic, with a X% share of total exports. Moreover, exports of sheep, goat, swine or reptile leather, excluding chamois leather to the United States exceeded the volume sent to the second major destination, Canada (X square meters), fourfold.

From 2012 to 2023, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Portugal (X% per year).

From 2012 to 2023, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Portugal (X% per year).

Export Prices by Country

The average export price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per square meter in 2023, with an increase of X% against the previous year. In general, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per square meter in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per square meter), while the average price for exports to Portugal ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep, Goat, Swine or Reptile Leather, excluding Chamois Leather

Imports into the Dominican Republic

For the eighth consecutive year, the Dominican Republic recorded decline in purchases abroad of sheep, goat, swine or reptile leather, excluding chamois leather, which decreased by X% to X square meters in 2023. Over the period under review, imports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports of attained the peak figure at X square meters in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, imports of sheep, goat, swine or reptile leather, excluding chamois leather declined remarkably to $X in 2023. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

China (X square meters), Mexico (X square meters) and the United States (X square meters) were the main suppliers of imports of sheep, goat, swine or reptile leather, excluding chamois leather to the Dominican Republic, with a combined X% share of total imports. Thailand, Hong Kong SAR and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of sheep, goat, swine or reptile leather, excluding chamois leather to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Mexico (X% per year).

Import Prices by Country

The average import price for sheep, goat, swine or reptile leather, excluding chamois leather stood at $X per square meter in 2023, declining by X% against the previous year. Overall, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Brazil ($X per square meter), while the price for Mexico ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform