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Dominican Republic - Sheep and Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Market for Sheep And Goat Meat 2024
Market Size for Sheep And Goat Meat in the Dominican Republic
In 2023, the Dominican sheep and goat meat market increased by X% to $X, rising for the second year in a row after seven years of decline. In general, consumption, however, showed a abrupt shrinkage. Sheep and goat meat consumption peaked at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.
Production of Sheep And Goat Meat in the Dominican Republic
In value terms, sheep and goat meat production fell slightly to $X in 2023 estimated in export price. In general, production continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a lower figure.
The average yield of sheep and goat meat in the Dominican Republic totaled X kg per head in 2023, stabilizing at 2022 figures. In general, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the yield increased by X%. The sheep and goat meat yield peaked at X kg per head in 2016; however, from 2017 to 2023, the yield remained at a lower figure.
The number of animals slaughtered for sheep and goat meat production in the Dominican Republic shrank to X heads in 2023, standing approx. at 2022 figures. Over the period under review, the number of producing animals, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, this number hit record highs at X heads in 2014; however, from 2015 to 2023, producing animals failed to regain momentum.
Exports of Sheep And Goat Meat
Exports from the Dominican Republic
In 2023, exports of sheep and goat meat from the Dominican Republic reached X tons, growing by X% compared with the previous year. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, sheep and goat meat exports reached $X in 2023. In general, exports recorded a strong increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Bahamas (X tons) was the main destination for sheep and goat meat exports from the Dominican Republic, with a approx. X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Bahamas stood at X%.
In value terms, Bahamas ($X) also remains the key foreign market for sheep and goat meat exports from the Dominican Republic.
From 2012 to 2023, the average annual growth rate of value to Bahamas totaled X%.
Export Prices by Country
The average sheep and goat meat export price stood at $X per ton in 2023, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bahamas.
From 2012 to 2023, the rate of growth in terms of prices for Bahamas amounted to X% per year.
Imports of Sheep And Goat Meat
Imports into the Dominican Republic
In 2023, approx. X tons of sheep and goat meat were imported into the Dominican Republic; jumping by X% compared with the previous year. Overall, imports showed measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sheep and goat meat imports skyrocketed to $X in 2023. Over the period under review, imports enjoyed slight growth. Imports peaked at $X in 2013; afterwards, it flattened through to 2023.
Imports by Country
In 2023, Australia (X tons) constituted the largest sheep and goat meat supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, sheep and goat meat imports from Australia exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Argentina (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Argentina (X% per year).
In value terms, Australia ($X) constituted the largest supplier of sheep and goat meat 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 New Zealand, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and New Zealand (X% per year).
Import Prices by Country
In 2023, the average sheep and goat meat import price amounted to $X per ton, falling by X% against the previous year. In general, the import price recorded a mild downturn. The growth pace was the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2022, and then dropped significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for sheep and goat meat 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:
- FCL 1017 - Goat meat
- FCL 977 - Meat of sheep
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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