Dominican Republic - Hen Eggs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Chicken Egg Market 2024
Chicken Egg Market Size in the Dominican Republic
The Dominican chicken egg market was estimated at $X in 2022, surging by 9.2% against the previous year. Overall, consumption, however, posted a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.
Chicken Egg Production in the Dominican Republic
In value terms, chicken egg production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 89% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.
Chicken Egg Exports
Exports from the Dominican Republic
In 2022, overseas shipments of chicken eggs increased by 394% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, faced a dramatic setback. The pace of growth was the most pronounced in 2014 with an increase of 632%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.
In value terms, chicken egg exports skyrocketed to $X in 2022. Overall, exports, however, faced a significant decline. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
Exports by Country
Haiti (X tons) was the main destination for chicken egg exports from the Dominican Republic, accounting for a 89% share of total exports. Moreover, chicken egg exports to Haiti exceeded the volume sent to the second major destination, France (X tons), eightfold.
From 2012 to 2022, the average annual growth rate of volume to Haiti stood at -35.3%.
In value terms, Haiti ($X) remains the key foreign market for chicken eggs exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was taken by France ($X), with an 8.2% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Haiti totaled -32.4%.
Export Prices by Country
The average chicken egg export price stood at $X per ton in 2022, growing by 45% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chicken egg export price decreased by -11.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 91%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to France amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+4.4%).
Chicken Egg Imports
Imports into the Dominican Republic
Chicken egg imports into the Dominican Republic skyrocketed to X tons in 2022, jumping by 290% compared with the year before. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 80,204%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, chicken egg imports skyrocketed to $X in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2016 when imports increased by 66,120%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Belgium (X tons) was the main chicken egg supplier to the Dominican Republic, with a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +2,814.7%.
In value terms, Belgium ($X) constituted the largest supplier of chicken eggs to the Dominican Republic.
From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +2,667.2%.
Import Prices by Country
In 2022, the average chicken egg import price amounted to $X per ton, growing by 50% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 when the average import price increased by 142% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.3% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the chicken egg 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:
- FCL 1062 - Hen eggs
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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