Report Update Nov 1, 2024

Dominican Republic - Fresh or Chilled Carcases of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Fresh Pork Carcase Market 2024

Fresh Pork Carcase Market Size in the Dominican Republic

The Dominican fresh pork carcase market dropped to $X in 2022, which is down by -7.8% 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). Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Fresh Pork Carcase Exports

Exports from the Dominican Republic

After five years of decline, overseas shipments of fresh or chilled carcases of pig meat increased by 2.3% to X kg in 2022. Overall, exports, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2015 when exports increased by 798%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, fresh pork carcase exports totaled $X in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 851%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Haiti (X kg) was the main destination for fresh pork carcase exports from the Dominican Republic, accounting for a 100% share of total exports. It was followed by the United States (X kg), with a 0.3% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Haiti totaled -13.5%.

In value terms, Haiti ($X) remains the key foreign market for fresh or chilled carcases of pig meat exports from the Dominican Republic, comprising 100% of total exports. The second position in the ranking was held by the United States ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Haiti stood at -16.0%.

Export Prices by Country

In 2022, the average fresh pork carcase export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 88%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Haiti amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.4%).

Fresh Pork Carcase Imports

Imports into the Dominican Republic

Fresh pork carcase imports into the Dominican Republic fell to X tons in 2022, with a decrease of -6.4% against the previous year's figure. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 666% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fresh pork carcase imports contracted to $X in 2022. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 with an increase of 548% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) was the main fresh pork carcase 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 the United States totaled -7.2%.

In value terms, the United States ($X) constituted the largest supplier of fresh or chilled carcases of pig meat to the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -5.6%.

Import Prices by Country

In 2022, the average fresh pork carcase import price amounted to $X per ton, falling by -1.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled carcases of pig meat in the world?

Germany remains the largest fresh pork carcase consuming country worldwide, comprising approx. 41% of total volume. Moreover, fresh pork carcase consumption in Germany exceeded the figures recorded by the second-largest consumer, Russia, twofold. Italy ranked third in terms of total consumption with a 12% share.

What are the largest producers of fresh or chilled carcases of pig meat in the world?

Germany remains the largest fresh pork carcase producing country worldwide, accounting for 39% of total volume. Moreover, fresh pork carcase production in Germany exceeded the figures recorded by the second-largest producer, Russia, twofold. Italy ranked third in terms of total production with a 12% share.

What are the leading suppliers of fresh or chilled carcases of pig meat to the Dominican Republic?

In value terms, the United States constituted the largest supplier of fresh pork carcase to the Dominican Republic.

What are the leading importers of fresh or chilled carcases of pig meat from the Dominican Republic?

In value terms, the largest markets for fresh pork carcase exported from the Dominican Republic were the United States and Haiti.

What is the average export price for fresh or chilled carcases of pig meat in the Dominican Republic?

In 2021, the average fresh pork carcase export price amounted to $3,076 per ton, growing by 3.5% against the previous year.

What is the average import price for fresh or chilled carcases of pig meat in the Dominican Republic?

The average fresh pork carcase import price stood at $2,761 per ton in 2021, falling by -22.1% against the previous year.

This report provides an in-depth analysis of the fresh pork carcase 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 10111230 - Fresh or chilled carcases and half-carcases, of pig meat (including fresh meat packed with salt as a temporary preservative)

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023