Dominican Republic: Market for Lamb and Sheep Meat 2025

Market Size for Lamb and Sheep Meat in the Dominican Republic

The Dominican lamb and sheep meat market declined modestly to $X in 2021, falling by -3.8% against the previous year. Overall, consumption recorded a abrupt decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Lamb and Sheep Meat in the Dominican Republic

In value terms, lamb and sheep meat production rose slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2015 with an increase of 12%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

The average yield of lamb and sheep meat in the Dominican Republic totaled X kg per head in 2021, approximately equating 2020. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 0.8% against the previous year. Over the period under review, the average lamb and sheep meat yield attained the peak level at X kg per head in 2016; however, from 2017 to 2021, the yield failed to regain momentum.

In 2021, the number of animals slaughtered for lamb and sheep meat production in the Dominican Republic totaled X heads, therefore, remained relatively stable against 2020. In general, the number of producing animals saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the number of producing animals increased by 5% against the previous year. The number of animals slaughtered for lamb and sheep meat production peaked in 2021 and is expected to retain growth in the near future.

Exports of Lamb and Sheep Meat

Exports from the Dominican Republic

For the third consecutive year, the Dominican Republic recorded growth in shipments abroad of lamb and sheep meat, which increased by 12% to X tons in 2021. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 299%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, lamb and sheep meat exports rose rapidly to $X in 2021. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 200% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bahamas (X tons) was the main destination for lamb and sheep meat exports from the Dominican Republic, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bahamas amounted to +15.9%.

In value terms, Bahamas ($X) also remains the key foreign market for lamb and sheep meat exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to Bahamas amounted to +9.0%.

Export Prices by Country

The average lamb and sheep meat export price stood at $X per ton in 2021, increasing by 2.5% against the previous year. In general, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bahamas.

From 2012 to 2021, the rate of growth in terms of prices for Bahamas amounted to -6.0% per year.

Imports of Lamb and Sheep Meat

Imports into the Dominican Republic

In 2021, supplies from abroad of lamb and sheep meat increased by 32% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a perceptible reduction. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, lamb and sheep meat imports skyrocketed to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Australia (X tons) was the main supplier of lamb and sheep meat to the Dominican Republic, with a 105% share of total imports. Moreover, lamb and sheep meat imports from Australia exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold. The third position in this ranking was held by the United States (X tons), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from Australia stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.1% per year) and the United States (-16.6% per year).

In value terms, Australia ($X) constituted the largest supplier of lamb and sheep meat to the Dominican Republic, comprising 104% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by New Zealand, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Australia stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.8% per year) and New Zealand (-8.7% per year).

Import Prices by Country

In 2021, the average lamb and sheep meat import price amounted to $X per ton, surging by 7.9% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2019 an increase of 12% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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