Report Update Nov 1, 2024

Dominican Republic - Caviar (Salmon) and Caviar Substitutes - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Caviar (Salmon) And Caviar Substitutes 2024

Market Size for Caviar (Salmon) And Caviar Substitutes in the Dominican Republic

In 2021, after three years of growth, there was significant decline in the Dominican market for caviar (salmon) and caviar substitutes, when its value decreased by -14.1% to $X. Overall, consumption recorded a mild decrease. Caviar (salmon) and caviar substitutes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Caviar (Salmon) And Caviar Substitutes in the Dominican Republic

In value terms, caviar (salmon) and caviar substitutes production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports by Country

The United States (X tons) was the main destination for caviar (salmon) and caviar substitutes exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2021 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

From 2021 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Imports of Caviar (Salmon) And Caviar Substitutes

Imports into the Dominican Republic

In 2021, the amount of caviar (salmon) and caviar substitutes imported into the Dominican Republic skyrocketed to X kg, with an increase of 96% against the previous year's figure. Overall, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when imports increased by 108% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, caviar (salmon) and caviar substitutes imports skyrocketed to $X in 2021. In general, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 131%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest supplier of caviar (salmon) and caviar substitutes to the Dominican Republic, with a 34% share of total imports. Moreover, caviar (salmon) and caviar substitutes imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold. The third position in this ranking was taken by Iceland (X kg), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.8% per year) and Iceland (-24.0% per year).

In value terms, the largest caviar (salmon) and caviar substitutes suppliers to the Dominican Republic were Iceland ($X), the United States ($X) and Germany ($X), with a combined 62% share of total imports.

Among the main suppliers, the United States, with a CAGR of +7.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for caviar (salmon) and caviar substitutes stood at $X per ton in 2021, picking up by 9.5% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, caviar (salmon) and caviar substitutes import price decreased by -1.0% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 34%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Iceland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caviar (salmon) and caviar substitutes in the world?

The countries with the highest volumes of caviar salmon) and caviar substitutes consumption in 2020 were Russia, China and India, together comprising 39% of global consumption.

What are the largest producers of caviar (salmon) and caviar substitutes in the world?

The countries with the highest volumes of caviar salmon) and caviar substitutes production in 2020 were China, Russia and India, together accounting for 34% of global production. The United States, Belarus, Japan, Brazil, Indonesia, Bangladesh, Mexico and Ethiopia lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of caviar (salmon) and caviar substitutes to the Dominican Republic?

In value terms, Iceland constituted the largest supplier of caviar salmon) and caviar substitutes to the Dominican Republic, comprising 93% of total imports. The second position in the ranking was occupied by France $539), with a 6.6% share of total imports.

What is the average import price for caviar (salmon) and caviar substitutes in the Dominican Republic?

In 2020, the average import price for caviar salmon) and caviar substitutes amounted to $10,868 per ton, with a decrease of -35.8% against the previous year.

This report provides an in-depth analysis of the market for caviar (salmon) and caviar substitutes 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 10202660 - Caviar substitutes

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023