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Report Dominican Republic - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Dominican Republic - Flours, Meals and Pellets of Fish - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Market for Flours, Meals And Pellets Of Fish 2024

Market Size for Flours, Meals And Pellets Of Fish in the Dominican Republic

The Dominican fish meals and pellet market skyrocketed to $X in 2021, with an increase of 39% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a deep reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Flours, Meals And Pellets Of Fish

Exports from the Dominican Republic

Fish meals and pellet exports from the Dominican Republic totaled X kg in 2015, leveling off at the previous year. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2015 and are likely to see steady growth in the immediate term.

In value terms, fish meals and pellet exports amounted to $X in 2015. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2015 and are expected to retain growth in years to come.

Exports by Country

The United States (X kg) was the main destination for fish meals and pellet exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual growth rate of volume to the United States was relatively modest.

From 2015 to 2015, the average annual growth rate of value to the United States was relatively modest.

Imports of Flours, Meals And Pellets Of Fish

Imports into the Dominican Republic

In 2021, the amount of flours, meals and pellets of fish imported into the Dominican Republic skyrocketed to X kg, increasing by 58% on 2020 figures. In general, imports, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 132%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, fish meals and pellet imports surged to $X in 2021. Overall, imports, however, faced a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of 201%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest fish meals and pellet supplier to the Dominican Republic, accounting for a 85% share of total imports. Moreover, fish meals and pellet imports from the United States exceeded the figures recorded by the second-largest supplier, Norway (X kg), more than tenfold. The third position in this ranking was taken by Colombia (X kg), with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-6.7% per year) and Colombia (-3.3% per year).

In value terms, the United States ($X) constituted the largest supplier of flours, meals and pellets of fish to the Dominican Republic, comprising 44% of total imports. The second position in the ranking was taken by Norway ($X), with a 13% share of total imports. It was followed by Colombia, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-6.5% per year) and Colombia (+1.4% per year).

Import Prices by Country

In 2021, the average fish meals and pellet import price amounted to $X per ton, falling by -18.8% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 92% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest fish meals and pellet consuming country worldwide, comprising approx. 17% of total volume. Moreover, fish meals and pellet consumption in China exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. The United States ranked third in terms of total consumption with a 5.9% share.
The country with the largest volume of fish meals and pellet production was China, comprising approx. 20% of total volume. Moreover, fish meals and pellet production in China exceeded the figures recorded by the second-largest producer, Pakistan, threefold. The United States ranked third in terms of total production with a 6.8% share.
In value terms, Norway, the UK and the United States constituted the largest fish meals and pellet suppliers to the Dominican Republic.
In 2015, the average fish meals and pellet export price amounted to $6,750 per ton, stabilizing at the previous year.
The average fish meals and pellet import price stood at $13,012 per ton in 2020, rising by 9.9% against the previous year.

This report provides an in-depth analysis of the market for fish meals and pellet 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 10202200 - Flours, meals and pellets of fish, fit for human consumption, f ish livers and roes, dried, smoked, salted or in brine

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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