Dominican Republic: Market for Dog And Cat Food 2024

Market Size for Dog And Cat Food in the Dominican Republic

The Dominican dog and cat food market dropped slightly to $X in 2021, reducing by -3.1% against the previous year. Overall, consumption recorded pronounced growth. Dog and cat food consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Dog And Cat Food in the Dominican Republic

In value terms, dog and cat food production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a tangible increase. The growth pace was the most rapid in 2016 when the production volume increased by 52% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Dog And Cat Food

Exports from the Dominican Republic

In 2021, shipments abroad of dog and cat food increased by 19% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 2,215%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, dog and cat food exports soared to $X in 2021. Over the period under review, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 2,015% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for dog and cat food exports from the Dominican Republic, with a 90% share of total exports. Moreover, dog and cat food exports to Poland exceeded the volume sent to the second major destination, Haiti (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+28.9% per year) and Cuba (-56.2% per year).

In value terms, Poland ($X) emerged as the key foreign market for dog and cat food exports from the Dominican Republic, comprising 77% of total exports. The second position in the ranking was taken by Haiti ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+14.8% per year) and Cuba (-47.1% per year).

Export Prices by Country

In 2021, the average dog and cat food export price amounted to $X per ton, remaining constant against the previous year. Overall, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dog and cat food export price decreased by -32.9% against 2016 indices. The growth pace was the most rapid in 2013 when the average export price increased by 71%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+20.8%).

Imports of Dog And Cat Food

Imports into the Dominican Republic

In 2021, dog and cat food imports into the Dominican Republic soared to X tons, growing by 25% against the previous year's figure. Overall, imports posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by 60%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, dog and cat food imports surged to $X in 2021. In general, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Mexico (X tons) and Brazil (X tons) were the main suppliers of dog and cat food imports to the Dominican Republic, together accounting for 61% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +46.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and France ($X) constituted the largest dog and cat food suppliers to the Dominican Republic, with a combined 66% share of total imports.

Mexico, with a CAGR of +38.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average dog and cat food import price amounted to $X per ton, picking up by 12% against the previous year. In general, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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