Report Update Nov 1, 2024

Dominican Republic - Egg Products - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Egg Product Market 2024

Egg Product Market Size in the Dominican Republic

The Dominican egg product market declined sharply to $X in 2021, with a decrease of -17.3% against the previous year. In general, consumption saw a perceptible contraction. Egg product consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Egg Product Production in the Dominican Republic

In value terms, egg product production dropped sharply to $X in 2021 estimated in export price. Overall, production saw a perceptible descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 50% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Egg Product Exports

Exports from the Dominican Republic

In 2021, shipments abroad of egg products increased by 59% to X kg, rising for the second consecutive year after three years of decline. In general, exports, however, saw a sharp downturn. The growth pace was the most rapid in 2015 with an increase of 625% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, egg product exports contracted to $X in 2021. Overall, exports, however, faced a dramatic curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 496%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X kg) was the main destination for egg product exports from the Dominican Republic, accounting for a 81% share of total exports. Moreover, egg product exports to Haiti exceeded the volume sent to the second major destination, the United States (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Haiti stood at +31.9%.

In value terms, the United States ($X) and Haiti ($X) were the largest markets for egg product exported from the Dominican Republic worldwide.

Haiti, with a CAGR of +10.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average egg product export price stood at $X per ton in 2021, shrinking by -41.8% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 107% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Haiti stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.

Egg Product Imports

Imports into the Dominican Republic

After six years of decline, supplies from abroad of egg products increased by 29% to X tons in 2021. Overall, imports, however, continue to indicate a deep reduction. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, egg product imports soared to $X in 2021. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), Spain (X tons) and Denmark (X tons) were the main suppliers of egg product imports to the Dominican Republic, with a combined 78% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +29.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest egg product suppliers to the Dominican Republic were Denmark ($X), the United States ($X) and France ($X), together comprising 77% of total imports. These countries were followed by Germany, Spain and the Netherlands, which together accounted for a further 20%.

In terms of the main suppliers, Spain, with a CAGR of +17.6%, recorded 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

The average egg product import price stood at $X per ton in 2021, with an increase of 29% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.7%), 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 egg products in the world?

The country with the largest volume of egg product consumption was China, comprising approx. 17% of total volume. Moreover, egg product consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of egg products in the world?

The country with the largest volume of egg product production was China, accounting for 17% of total volume. Moreover, egg product production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.8% share.

What are the leading suppliers of egg products to the Dominican Republic?

In value terms, Denmark, the United States and Germany appeared to be the largest egg product suppliers to the Dominican Republic, with a combined 100% share of total imports.

What are the leading importers of egg products from the Dominican Republic?

In value terms, Haiti emerged as the key foreign market for egg product exports from the Dominican Republic, comprising 98% of total exports. The second position in the ranking was occupied by the United States $312), with a 1.8% share of total exports.

What is the average export price for egg products in the Dominican Republic?

In 2020, the average egg product export price amounted to $2,823 per ton, reducing by -35.5% against the previous year.

What is the average import price for egg products in the Dominican Republic?

The average egg product import price stood at $3,744 per ton in 2020, rising by 66% against the previous year.

This report provides an in-depth analysis of the egg product market 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 10891230 - Egg products, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved (excluding albumin, in the shell)

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