Report Update Nov 1, 2024

Dominican Republic - Frozen Hams, Shoulders and Cuts of Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Frozen Pork Cut Market 2024

Frozen Pork Cut Market Size in the Dominican Republic

For the eleventh year in a row, the Dominican frozen pork cut market recorded growth in sales value, which increased by 68% to $X in 2022. Overall, consumption recorded a significant increase. Frozen pork cut consumption peaked in 2022 and is expected to retain growth in the immediate term.

Frozen Pork Cut Exports

Exports from the Dominican Republic

In 2022, the amount of frozen hams, shoulders and cuts of pig meat exported from the Dominican Republic surged to X kg, growing by 58% compared with the previous year. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 1,441% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, frozen pork cut exports surged to $X in 2022. Overall, exports continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2014 with an increase of 288%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X kg), France (X kg) and Haiti (X kg) were the main destinations of frozen pork cut exports from the Dominican Republic.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +43.3%), while the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for frozen hams, shoulders and cuts of pig meat exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was taken by the United States ($X), with an 8.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to France totaled +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.1% per year) and Haiti (-31.0% per year).

Export Prices by Country

In 2022, the average frozen pork cut export price amounted to $X per ton, which is down by -3.6% against the previous year. Overall, the export price saw a noticeable reduction. The growth pace was the most rapid in 2016 when the average export price increased by 853% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.6%), while the prices for the other major destinations experienced a decline.

Frozen Pork Cut Imports

Imports into the Dominican Republic

In 2022, frozen pork cut imports into the Dominican Republic surged to X tons, picking up by 71% against the previous year. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 115%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, frozen pork cut imports skyrocketed to $X in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2015 when imports increased by 117% 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.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of frozen pork cut to the Dominican Republic, with a 86% share of total imports. Moreover, frozen pork cut imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+879.2% per year) and Canada (+97.1% per year).

In value terms, the United States ($X) constituted the largest supplier of frozen hams, shoulders and cuts of pig meat to the Dominican Republic, comprising 87% of total imports. The second position in the ranking was taken by Spain ($X), with a 6.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+491.5% per year) and Canada (+98.8% per year).

Import Prices by Country

The average frozen pork cut import price stood at $X per ton in 2022, dropping by -1.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen hams, shoulders and cuts of pig meat in the world?

China constituted the country with the largest volume of frozen pork cut consumption, comprising approx. 59% of total volume. Moreover, frozen pork cut consumption in China exceeded the figures recorded by the second-largest consumer, Germany, sixfold. The third position in this ranking was occupied by Spain, with a 7% share.

What are the largest producers of frozen hams, shoulders and cuts of pig meat in the world?

The countries with the highest volumes of frozen pork cut production in 2020 were Spain, Germany and the United States, with a combined 60% share of global production.

What are the leading suppliers of frozen hams, shoulders and cuts of pig meat to the Dominican Republic?

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

What are the leading importers of frozen hams, shoulders and cuts of pig meat from the Dominican Republic?

In value terms, the United States remains the key foreign market for frozen pork cut exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was occupied by British Virgin Islands $111), with a 7.4% share of total exports.

What is the average export price for frozen hams, shoulders and cuts of pig meat in the Dominican Republic?

The average frozen pork cut export price stood at $3,452 per ton in 2020, falling by -31.1% against the previous year.

What is the average import price for frozen hams, shoulders and cuts of pig meat in the Dominican Republic?

The average frozen pork cut import price stood at $2,406 per ton in 2020, growing by 25% against the previous year.

This report provides an in-depth analysis of the frozen pork cut 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 10113250 - Frozen hams, shoulders and cuts with bone in, 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

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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
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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