Dominican Republic - Vegetable Products - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Product Price in the Dominican Republic - 2023
Contents:
- Vegetable Product Price in the Dominican Republic (FOB) - 2022
- Vegetable Product Price in the Dominican Republic (CIF) - 2022
- Vegetable Product Exports in the Dominican Republic
- Vegetable Product Imports in the Dominican Republic
Vegetable Product Price in the Dominican Republic (FOB) - 2022
The average vegetable product export price stood at $3,358 per ton in 2022, with a decrease of -23.5% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 30%. The export price peaked at $5,736 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +3.7% per year.
Vegetable Product Price in the Dominican Republic (CIF) - 2022
In 2022, the average vegetable product import price amounted to $630 per ton, falling by -13.4% against the previous year. In general, the import price faced a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. Over the period under review, average import prices attained the peak figure at $2,492 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,826 per ton), while the price for Spain stood at $515 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.2%).
Vegetable Product Exports in the Dominican Republic
In 2022, vegetable product exports from the Dominican Republic shrank sharply to 1.1 tons, reducing by -90.2% against the previous year. Overall, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year.
In value terms, vegetable product exports dropped notably to $3.6K in 2022. Over the period under review, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 72%.
Export of Vegetable Product in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 65.0 | 16.4 | 38.9 | 3.3 | -63.0% |
Turks and Caicos Islands | 5.0 | 4.2 | 3.5 | N/A | -16.3% |
France | 6.4 | 2.2 | 2.1 | N/A | -42.7% |
Canada | 3.0 | 3.8 | 0.2 | N/A | -74.2% |
Others | 5.2 | 1.2 | 3.0 | 0.3 | -61.4% |
Total | 84.7 | 27.8 | 47.8 | 3.6 | -65.1% |
Top Export Markets for Vegetable Product from the Dominican Republic in 2022:
- United States (1060.0 kg)
Vegetable Product Imports in the Dominican Republic
In 2022, purchases abroad of vegetable products decreased by -47.9% to 5.8 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 154%. As a result, imports attained the peak of 11 tons, and then fell remarkably in the following year.
In value terms, vegetable product imports contracted remarkably to $3.7K in 2022. Over the period under review, imports, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2021 with an increase of 99%. As a result, imports attained the peak of $8.1K, and then shrank significantly in the following year.
Import of Vegetable Product in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 3.2 | 4.0 | 5.7 | 2.7 | -5.5% |
United States | N/A | 0.1 | 2.4 | 0.9 | 200.0% |
Others | 0.3 | N/A | N/A | N/A | 0% |
Total | 3.4 | 4.1 | 8.1 | 3.7 | 2.9% |
Top Suppliers of Vegetable Product to the Dominican Republic in 2022:
- Spain (5.3 tons)
- United States (0.5 tons)
This report provides an in-depth analysis of the vegetable product 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 156 - Sugar cane
- FCL 161 - Sugar crops nes
- FCL 459 - Chicory roots
- FCL 460 - Vegetable products, fresh or dry nes
- FCL 461 - Carobs
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, HARVESTED AREA 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
- Area Harvested, 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
This report provides an in-depth analysis of the vegetable product market in the Dominican Republic.
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This report provides an in-depth analysis of the sugar cane market in the Dominican Republic.
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This report provides an in-depth analysis of the global vegetable product market.
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
In 2015, the country with the largest volume of the chicory output was Belgium (X thousand tons), accounting for X% of global production.
Despite somewhat disappointing export numbers in 2014, Italy continued to lead the way in the global chicory trade. In 2014, Italy exported X thousand tons of chicory totaling X million USD, X% under the previous year. Its primary trading partner w
Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9%
Global sugar beet consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the countries with the highest levels of sugar beet production were France (X thousand tons), Germany (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
The Netherlands dominates in the global sugar beet trade. In 2014, the Netherlands exported X thousand tons of sugar beet totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its tot
Global sugar cane consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the country with the largest volume of the sugar cane output was Brazil (X thousand tons), accounting for X% of global production.
Spain continued its dominance in the global sugar cane trade. In 2014, Spain exported X kt of sugar cane totaling $X, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total sugar cane exports in