Report Update Nov 1, 2024

Dominican Republic - Frozen Carcases of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Dominican Republic: Frozen Pork Carcase Market 2024

Frozen Pork Carcase Market Size in the Dominican Republic

The Dominican frozen pork carcase market skyrocketed to $X in 2022, increasing by 262% 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). Overall, consumption posted a prominent expansion. Frozen pork carcase consumption peaked in 2022 and is likely to continue growth in the immediate term.

Frozen Pork Carcase Exports

Exports from the Dominican Republic

Frozen pork carcase exports from the Dominican Republic skyrocketed to X kg in 2022, with an increase of 60% compared with 2021 figures. In general, exports saw modest growth. The most prominent rate of growth was recorded in 2014 with an increase of 861%. As a result, the exports reached the peak of X kg. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen pork carcase exports skyrocketed to $X in 2022. Overall, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 2,333%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Antigua and Barbuda (X kg) was the main destination for frozen pork carcase exports from the Dominican Republic, accounting for a 75% share of total exports. Moreover, frozen pork carcase exports to Antigua and Barbuda exceeded the volume sent to the second major destination, the United States (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Antigua and Barbuda totaled +4.1%.

In value terms, Antigua and Barbuda ($X) and the United States ($X) appeared to be the largest markets for frozen pork carcase exported from the Dominican Republic worldwide.

Among the main countries of destination, the United States, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average frozen pork carcase export price amounted to $X per ton, surging by 57% against the previous year. In general, the export price posted a notable increase. The pace of growth was the most pronounced in 2014 an increase of 153%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Antigua and Barbuda stood at $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 (+21.5%).

Frozen Pork Carcase Imports

Imports into the Dominican Republic

In 2022, the amount of frozen carcases of pig meat imported into the Dominican Republic soared to X tons, with an increase of 241% on 2021. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,029% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen pork carcase imports skyrocketed to $X in 2022. Overall, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 886%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the United States (X tons) was the main frozen pork carcase supplier to the Dominican Republic, accounting for a 98% share of total imports. It was followed by Spain (X tons), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at +11.4%.

In value terms, the United States ($X) constituted the largest supplier of frozen carcases of pig meat to the Dominican Republic, comprising 94% of total imports. The second position in the ranking was held by Spain ($X), with a 6.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +12.8%.

Import Prices by Country

In 2022, the average frozen pork carcase import price amounted to $X per ton, increasing by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen carcases of pig meat in the world?

The country with the largest volume of frozen pork carcase consumption was Russia, accounting for 42% of total volume. Moreover, frozen pork carcase consumption in Russia exceeded the figures recorded by the second-largest consumer, Germany, twofold. The third position in this ranking was occupied by Brazil, with a 12% share.

What are the largest producers of frozen carcases of pig meat in the world?

Russia remains the largest frozen pork carcase producing country worldwide, comprising approx. 33% of total volume. Moreover, frozen pork carcase production in Russia exceeded the figures recorded by the second-largest producer, Germany, twofold. The United States ranked third in terms of total production with a 15% share.

What are the leading suppliers of frozen carcases of pig meat to the Dominican Republic?

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

What are the leading importers of frozen carcases of pig meat from the Dominican Republic?

In value terms, the United States $229) remains the key foreign market for frozen pork carcase exports from the Dominican Republic.

What is the average export price for frozen carcases of pig meat in the Dominican Republic?

The average frozen pork carcase export price stood at $12,722 per ton in 2020, surging by 7.5% against the previous year.

What is the average import price for frozen carcases of pig meat in the Dominican Republic?

In 2020, the average frozen pork carcase import price amounted to $3,201 per ton, with a decrease of -3.2% against the previous year.

This report provides an in-depth analysis of the frozen 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 10113230 - Frozen carcases and half-carcases, of pig meat

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