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Report Dominican Republic - Fish Heads, Tails and Maws - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Dominican Republic - Fish Heads, Tails and Maws - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Fish Parts Market 2024

Fish Parts Market Size in the Dominican Republic

The Dominican fish parts market dropped modestly to $X in 2022, therefore, remained relatively stable against the previous year. In general, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.6% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Fish Parts Production in the Dominican Republic

In value terms, fish parts production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 61%. Fish parts production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Fish Parts Exports

Exports from the Dominican Republic

In 2022, after two years of growth, there was significant decline in overseas shipments of fish heads, tails and maws, when their volume decreased by -32.7% to X tons. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 733% against the previous year. The exports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, fish parts exports rose remarkably to $X in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 582%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X tons) was the main destination for fish parts exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR amounted to +34.4%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for fish heads, tails and maws exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +24.3%.

Export Prices by Country

In 2022, the average fish parts export price amounted to $X per ton, rising by 68% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -7.5% per year.

Fish Parts Imports

Imports into the Dominican Republic

Fish parts imports into the Dominican Republic fell sharply to X kg in 2022, reducing by -96.2% compared with the year before. In general, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 489%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, fish parts imports shrank dramatically to $X in 2022. Over the period under review, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 221% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, Vietnam (X kg) was the main fish parts supplier to the Dominican Republic, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam stood at -94.1%.

In value terms, Vietnam ($X) constituted the largest supplier of fish heads, tails and maws to the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam stood at -88.5%.

Import Prices by Country

The average fish parts import price stood at $X per ton in 2022, surging by 49% against the previous year. In general, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 92% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Vietnam.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +93.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of fish parts consumption was Uganda, accounting for 23% of total volume. Moreover, fish parts consumption in Uganda exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 9.4% share.
The countries with the highest volumes of in 2021 were China, the United States and Iceland, with a combined 40% share of global production. Indonesia, Tanzania, Brazil, Japan, India, Norway, Belarus, the UK, Mexico and Pakistan lagged somewhat behind, together accounting for a further 23%.
In value terms, the largest fish parts suppliers to the Dominican Republic were Spain, the United States $925) and France $824), with a combined 85% share of total imports. Italy lagged somewhat behind, comprising a further 15%.
In value terms, Hong Kong SAR remains the key foreign market for fish parts exports from the Dominican Republic.
In 2021, the average fish parts export price amounted to $18,654 per ton, with an increase of 18% against the previous year.
The average fish parts import price stood at $13,740 per ton in 2021, jumping by 50% against the previous year.

This report provides an in-depth analysis of the fish parts 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 10204250 - Fish heads, tails and maws, other edible fish offal: dried, s alted or in brine, smoked

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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