Dominican Republic - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in the Dominican Republic - 2023
Contents:
- Coffee Extract Price in the Dominican Republic (CIF) - 2023
- Coffee Extract Price in the Dominican Republic (FOB) - 2022
- Coffee Extract Imports in the Dominican Republic
- Coffee Extract Exports in the Dominican Republic
Coffee Extract Price in the Dominican Republic (CIF) - 2023
The average coffee extract import price stood at $5,024 per ton in March 2023, reducing by -18.8% against the previous month. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in January 2023 an increase of 42% month-to-month. The import price peaked at $12,184 per ton in March 2022; however, from April 2022 to March 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($17,513 per ton), while the price for the United States ($3,294 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Mexico (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Coffee Extract Price in the Dominican Republic (FOB) - 2022
The average coffee extract export price stood at $6,614 per ton in 2022, surging by 5.6% against the previous year. In general, the export price continues to indicate mild growth. The most prominent rate of growth was recorded in 2013 an increase of 37%. Over the period under review, the average export prices hit record highs at $8,687 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,188 per ton), while the average price for exports to Chile ($3,495 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Imports in the Dominican Republic
In 2022, the amount of coffee extracts, essences and concentrates imported into the Dominican Republic shrank rapidly to 337 tons, reducing by -29.3% compared with 2021. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 117%. As a result, imports attained the peak of 476 tons, and then dropped remarkably in the following year.
In value terms, coffee extract imports declined significantly to $1.6M in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 60%. As a result, imports reached the peak of $2M, and then dropped markedly in the following year.
| Import of Coffee Extract in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 228 | 197 | 274 | 447 | 25.2% |
| Brazil | 82.2 | 102 | 248 | 380 | 66.6% |
| United States | 611 | 416 | 946 | 169 | -34.8% |
| Colombia | 225 | 45.2 | 91.3 | 144 | -13.8% |
| South Korea | 57.1 | 35.2 | 87.4 | 133 | 32.6% |
| Italy | 137 | 118 | 108 | 82.0 | -15.7% |
| United Kingdom | 286 | 153 | 146 | 76.5 | -35.6% |
| Mexico | 49.0 | 65.0 | 50.3 | 72.0 | 13.7% |
| Chile | 14.8 | 13.0 | 16.8 | 23.1 | 16.0% |
| Peru | 15.0 | 6.7 | 2.9 | 6.5 | -24.3% |
| Others | 151 | 106 | 39.6 | 101 | -12.5% |
| Total | 1,857 | 1,257 | 2,011 | 1,634 | -4.2% |
Top Suppliers of Coffee Extract to the Dominican Republic in 2022:
- Brazil (103.5 tons)
- United States (72.2 tons)
- Spain (67.2 tons)
- Colombia (24.0 tons)
- Mexico (13.2 tons)
- Italy (10.8 tons)
- United Kingdom (9.8 tons)
- South Korea (9.5 tons)
- Chile (7.7 tons)
- Peru (3.7 tons)
Coffee Extract Exports in the Dominican Republic
Coffee extract exports from the Dominican Republic dropped rapidly to 11 tons in 2022, declining by -32.1% against the previous year. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 219% against the previous year. As a result, the exports attained the peak of 16 tons, and then contracted markedly in the following year.
In value terms, coffee extract exports declined sharply to $73K in 2022. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 130%.
| Export of Coffee Extract in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.7 | 20.6 | 28.7 | 33.3 | 17.2% |
| Austria | 17.1 | 0.5 | 13.1 | 7.1 | -25.4% |
| Aruba | 39.6 | 0.9 | 17.4 | 7.1 | -43.6% |
| Turks and Caicos Islands | 7.8 | 0.4 | 13.8 | 7.1 | -3.1% |
| Chile | 0.6 | 3.4 | 6.0 | 5.5 | 109.3% |
| Spain | 5.8 | N/A | 3.7 | 3.6 | -14.7% |
| Haiti | 7.3 | 5.6 | 3.4 | 2.7 | -28.2% |
| Panama | 5.8 | 3.4 | 2.4 | 2.2 | -27.6% |
| Germany | N/A | 6.5 | 4.7 | N/A | -27.7% |
| Guatemala | 7.8 | N/A | N/A | N/A | 0% |
| Others | 13.3 | 2.5 | 7.8 | 3.8 | -34.1% |
| Total | 126 | 44.0 | 101 | 72.5 | -16.8% |
Top Export Markets for Coffee Extract from the Dominican Republic in 2022:
- United States (3.6 tons)
- Chile (1.6 tons)
- Turks and Caicos Islands (1.5 tons)
- Austria (1.4 tons)
- Aruba (1.0 tons)
- Haiti (0.6 tons)
- Panama (0.2 tons)
- Spain (0.2 tons)
This report provides an in-depth analysis of the coffee extract 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:
- Prodcom 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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