Dominican Republic: Sausage Market 2024

Sausage Market Size in the Dominican Republic

In 2021, the Dominican sausage market decreased by -9.7% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Sausage Production in the Dominican Republic

In value terms, sausage production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 55%. Sausage production peaked at $X in 2020, and then fell in the following year.

Sausage Exports

Exports from the Dominican Republic

For the third year in a row, the Dominican Republic recorded decline in overseas shipments of sausages and similar products of meat, which decreased by -39% to X tons in 2021. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 333% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sausage exports fell rapidly to $X in 2021. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 321%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Haiti (X tons) was the main destination for sausage exports from the Dominican Republic, with a 94% share of total exports. Moreover, sausage exports to Haiti exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Haiti totaled -5.6%.

In value terms, Haiti ($X) remains the key foreign market for sausages and similar products of meat exports from the Dominican Republic, comprising 87% of total exports. The second position in the ranking was held by France ($X), with a 5.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Haiti amounted to -6.5%.

Export Prices by Country

The average sausage export price stood at $X per ton in 2021, growing by 3.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 53% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

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 Haiti totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.5%).

Sausage Imports

Imports into the Dominican Republic

Sausage imports into the Dominican Republic soared to X tons in 2021, growing by 38% against 2020 figures. Over the period under review, imports saw prominent growth. The growth pace was the most rapid in 2016 with an increase of 39% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, sausage imports surged to $X in 2021. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 48% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, the United States (X tons) constituted the largest sausage supplier to the Dominican Republic, with a 75% share of total imports. Moreover, sausage imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+17.3% per year) and Italy (+19.1% per year).

In value terms, the United States ($X) constituted the largest supplier of sausages and similar products of meat to the Dominican Republic, comprising 75% of total imports. The second position in the ranking was held by Spain ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+18.4% per year) and Italy (+17.0% per year).

Import Prices by Country

The average sausage import price stood at $X per ton in 2021, waning by -1.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 6.3% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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