Dominican Republic: Battered Fish Fillet Market 2025

Battered Fish Fillet Market Size in the Dominican Republic

In 2021, the Dominican battered fish fillet market decreased by -7.9% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Battered fish fillet consumption peaked at $X in 2020, and then fell in the following year.

Battered Fish Fillet Production in the Dominican Republic

In value terms, battered fish fillet production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 35%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Battered Fish Fillet Exports

Exports from the Dominican Republic

In 2021, overseas shipments of fish fillets in batter or breadcrumbs increased by 53% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2015 when exports increased by 740%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, battered fish fillet exports soared to $X in 2021. Over the period under review, exports, however, showed a perceptible decline. The pace of growth was the most pronounced in 2015 when exports increased by 401% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Turks and Caicos Islands (X tons) was the main destination for battered fish fillet exports from the Dominican Republic, with a 73% share of total exports. Moreover, battered fish fillet exports to Turks and Caicos Islands exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was taken by Haiti (X kg), with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume to Turks and Caicos Islands amounted to +78.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-18.6% per year) and Haiti (+20.3% per year).

In value terms, the largest markets for battered fish fillet exported from the Dominican Republic were France ($X), Turks and Caicos Islands ($X) and Germany ($X), together accounting for 96% of total exports.

Turks and Caicos Islands, with a CAGR of +53.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average battered fish fillet export price amounted to $X per ton, surging by 39% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 47% against the previous year. Over the period under review, the average export prices attained the maximum 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Haiti ($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 France (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.

Battered Fish Fillet Imports

Imports into the Dominican Republic

Battered fish fillet imports into the Dominican Republic plummeted to X tons in 2021, shrinking by -49.6% on 2020. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 1,292% against the previous year. Imports peaked at X tons in 2020, and then declined sharply in the following year.

In value terms, battered fish fillet imports dropped markedly to $X in 2021. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 759%. Imports peaked at $X in 2020, and then fell remarkably in the following year.

Imports by Country

Ecuador (X tons), Peru (X tons) and Spain (X tons) were the main suppliers of battered fish fillet imports to the Dominican Republic, together comprising 76% of total imports. Iceland, the United States, Argentina, Ireland and China lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +190.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest battered fish fillet suppliers to the Dominican Republic were Iceland ($X), Spain ($X) and Ecuador ($X), with a combined 72% share of total imports. These countries were followed by the United States, Ireland, Peru, Argentina and China, which together accounted for a further 17%.

Among the main suppliers, Argentina, with a CAGR of +152.1%, 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

In 2021, the average battered fish fillet import price amounted to $X per ton, approximately equating the previous year. In general, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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 Iceland ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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