What is the price of beef per kilogram/pound in Dominican Republic today?
The retail price range for Dominican Republic beef is between US$ 7.36 and US$ 9.29 per kilogram or between US$ 3.34 and US$ 4.21 per pound(lb). Click here to see today's exact prices of beef in Dominican Republic
The retail price range in Dominican peso for beef is between DOP 401.70 and DOP 506.56 per kilogram or between DOP 182.18 and DOP 229.73 per pound(lb) in Santo Domingo and Santiago de los Caballeros.
Wholesale prices
In 2024, the approximate wholesale price range for Dominican Republic beef is between US$ 5.15 and US$ 6.50 per kilogram or between US$ 2.34 and US$ 2.95 per pound(lb).
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Dominican Republic Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Dominican Republic over the last five years has seen a steady decline. In 2017, the price was 5.64 US dollars per kg, which dropped to 4.83 US dollars per kg in 2018. In 2019, the price further decreased to 3.96 US dollars per kg and in 2020, it was 4.00 US dollars per kg. The price has seen a slight increase in 2021, reaching 4.60 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Beef from Dominican Republic in 2023 will be around 4.30 US dollars per kg and in 2024, it will be around 4.00 US dollars per kg.Dominican Republic Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Dominican Republic over the last five years has been quite volatile. In 2016, the price was 4.68 US$ per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 5.64 US$ per kg. In 2018, the price dropped further to 4.83 US$ per kg. However, in 2019, the price rose to 3.96 US$ per kg and in 2020, it was 4.00 US$ per kg. The latest data shows that the import price per kilogram of Beef into Dominican Republic is 4.60 US$ per kg. Based on the current trend, it is expected that the import price per kilogram of Beef into Dominican Republic in 2023 will be around 4.50 US$ per kg and in 2024, it will be around 4.60 US$ per kg.Export values for Dominican Republic beef
The total values in export for beef in the Dominican Republic were US$ 2,175, US$ 2,111, US$ 1,619 and US$ 3,048 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Dominican Republic: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Caribbean: Aruba beef, Bahamas beef, Barbados beef, Cuba beef, Dominican Republic beef, Grenada beef, Guadeloupe beef, Haiti beef, Jamaica beef & Martinique beef.
Dominican Republic beef - Production, Exports, Imports, Seasons and HS Codes
In 2019 The Dominican Republic shipped 770 tonnes of beef. For 2019 alone, the interest in the Dominican Republic beef (meat category) has improved, with a change of 129.851 per cent compared to the year 2018. Between 2017 and 2019, beef's exports grew by 105.88% netting the exporter US$3.05m for the year 2019. the Dominican Republic's beef exports are categorised as:
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen edible bovine livers (HS code 020622)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen edible bovine tongues (HS code 020621)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen, boneless meat of bovine animals (HS code 020230)
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Dominican Republic beef export values
In 2019, the Dominican Republic shipped beef worth 3.05m USD, an improvement of 88.39% from 2018's total beef export of 1.619m USD. The annual change in value of the Dominican Republic beef between 2017 to 2018 was -23.306 percent.
The per year variation in the amount of the Dominican Republic's beef exports between 2017 and 2019 was 105.88% compared to a variation of 129.851% in the period between 2018 and 2019.
Export markets for Dominican Republic beef ( in '000$ )
the Dominican Republic brought in 6,784 tonnes of beef in 2019.