Report Update Nov 1, 2024

Dominican Republic - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Cod, Salted or in Brine 2024

Market Size for Cod, Salted or in Brine in the Dominican Republic

The Dominican market for cod, salted or in brine shrank to $X in 2022, flattening at the previous year. Over the period under review, consumption recorded a noticeable descent. Cod, salted or in brine consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Cod, Salted or in Brine in the Dominican Republic

In value terms, cod, salted or in brine production declined modestly to $X in 2022 estimated in export price. In general, production saw a pronounced reduction. The growth pace was the most rapid in 2014 with an increase of 7.6%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Cod, Salted or in Brine

Exports from the Dominican Republic

In 2019, the amount of cod, salted or in brine exported from the Dominican Republic fell notably to X tons, dropping by -62.4% on 2018 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2018, and then declined dramatically in the following year.

In value terms, cod, salted or in brine exports dropped sharply to $X in 2019. Overall, exports recorded a abrupt shrinkage. The exports peaked at $X in 2018, and then fell notably in the following year.

Exports by Country

Haiti (X tons) was the main destination for cod, salted or in brine exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Haiti amounted to -62.4%.

In value terms, Haiti ($X) also remains the key foreign market for cod, salted or in brine exports from the Dominican Republic.

From 2012 to 2019, the average annual rate of growth in terms of value to Haiti amounted to -73.0%.

Export Prices by Country

In 2019, the average export price for cod, salted or in brine amounted to $X per ton, falling by -28.1% against the previous year. Overall, the export price showed a abrupt decrease. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Haiti.

From 2012 to 2019, the rate of growth in terms of prices for Haiti amounted to -28.1% per year.

Imports of Cod, Salted or in Brine

Imports into the Dominican Republic

In 2022, purchases abroad of cod, salted or in brine increased by 1.4% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 349%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cod, salted or in brine imports expanded sharply to $X in 2022. In general, imports showed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 376%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) constituted the largest cod, salted or in brine supplier to the Dominican Republic, with a 68% share of total imports. Moreover, cod, salted or in brine imports from Norway exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Norway totaled +35.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+0.7% per year) and the United States (+12.8% per year).

In value terms, Norway ($X), Spain ($X) and the United States ($X) constituted the largest cod, salted or in brine suppliers to the Dominican Republic.

In terms of the main suppliers, Norway, with a CAGR of +30.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for cod, salted or in brine amounted to $X per ton, rising by 3.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 21%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cods, salted or in brine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global consumption. These countries were followed by Portugal, Japan, Germany, Brazil, Indonesia, Bangladesh, the UK, Nigeria, France and Italy, which together accounted for a further 29%.

What are the largest producers of cods, salted or in brine in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 39% of global production. These countries were followed by Japan, Portugal, Germany, Iceland, Indonesia, Bangladesh, the UK, Nigeria, Brazil and France, which together accounted for a further 27%.

What are the leading suppliers of cods, salted or in brine to the Dominican Republic?

In value terms, Norway constituted the largest supplier of cods, salted or in brine to the Dominican Republic, comprising 67% of total imports. The second position in the ranking was occupied by Spain, with a 22% share of total imports.

What is the average import price for cods, salted or in brine in the Dominican Republic?

In 2021, the average import price for cods, salted or in brine amounted to $5,646 per ton, leveling off at the previous year.

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

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