Dominica: Meat Market 2020

Meat Market Size in Dominica

The revenue of the meat market in Dominica amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the meat market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Meat Production in Dominica

In value terms, meat production totaled $X in 2018 estimated in export prices. Overall, meat production continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2016 when production volume increased by X% year-to-year. Dominica meat production peaked at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Average yield of meat in Dominica totaled X kg per head in 2018, standing approx. at the previous year. In general, the meat yield continues to indicate a relatively flat trend pattern.

In 2018, the number of animals slaughtered for meat production in Dominica stood at X head, remaining stable against the previous year. In general, the number of animals slaughtered for meat production continues to indicate a relatively flat trend pattern.

Meat Exports

Exports from Dominica

In 2018, the amount of meat exported from Dominica amounted to X kg, declining by -X% against the previous year. In general, meat exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, meat exports reached their peak figure at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, meat exports totaled $X in 2018. Overall, meat exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Dominica exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The countries with the highest levels of meat exports in 2018 were the U.S. (X tons), Germany (X tons), Spain (X tons), Brazil (X tons), Australia (X tons), the Netherlands (X tons), Denmark (X tons), India (X tons), Canada (X tons), Poland (X tons), Belgium (X tons) and New Zealand (X tons), together finishing at X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat markets from Dominica were the U.S. ($X), Australia ($X) and Brazil ($X), with a combined X% share of total exports. These countries were followed by Germany, the Netherlands, Spain, New Zealand, Canada, India, Denmark, Poland, Belgium and Dominica, which together accounted for a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the meat export price in Dominica amounted to $X per ton, growing by X% against the previous year. Over the period under review, the meat export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the export prices for meat attained their peak figure in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was New Zealand ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports into Dominica

Meat imports into Dominica totaled X tons in 2018, growing by X% against the previous year. Overall, meat imports, however, continue to indicate a drastic curtailment. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. In that year, meat imports attained their peak of X tons. From 2010 to 2018, the growth of meat imports remained at a somewhat lower figure.

In value terms, meat imports stood at $X in 2018. In general, meat imports, however, continue to indicate a significant slump. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Dominica imports peaked at $X in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tons), Japan (X tons), the U.S. (X tons), Italy (X tons), Germany (X tons), Mexico (X tons), South Korea (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), the UK (X tons), Poland (X tons) and the Netherlands (X tons) were the largest importers of meat in the world, mixing up X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets into Dominica were Japan ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Germany, Italy, South Korea, China, Hong Kong SAR, the UK, the Netherlands, Vietnam, Mexico, Poland and Dominica, which together accounted for a further X terms of the main importing countries, Vietnam recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the meat import price in Dominica amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the meat import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the import price increased by X% y-o-y. Over the period under review, the import prices for meat attained their peak figure at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform