Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (FOB) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (CIF) - 2022
- Exports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
- Imports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $486 per ton in 2022, jumping by 51% against the previous year. In general, the export price, however, recorded a abrupt decrease. The export price peaked at $1,734 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($1,680 per ton), while the average price for exports to the United States ($266 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+133.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $634 per ton, waning by -23.8% against the previous year. In general, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7.1%. Over the period under review, average import prices hit record highs at $1,762 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,740 per ton), while the price for the United States ($501 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
In 2022, the amount of cereals; grain sorghum, other than seeds exported from the Dominican Republic soared to 44 tons, increasing by 226% on the year before. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereals; grain sorghum, other than seeds soared to $21K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 1.6 | 9.4 | 487.5% | ||
| Haiti | N/A | 6.3 | 0% | ||
| Venezuela | N/A | 4.5 | 0% | ||
| Aruba | N/A | 1.0 | 0% | ||
| France | 1.6 | N/A | 0% | ||
| Others | 1.1 | N/A | 0% | ||
| Total | 4.3 | 21.2 | 393.0% | ||
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from the Dominican Republic in 2022:
- United States (35.3 tons)
- Haiti (4.9 tons)
- Venezuela (2.7 tons)
- Aruba (0.7 tons)
Imports of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic
In 2022, after three years of growth, there was significant decline in purchases abroad of cereals; grain sorghum, other than seeds, when their volume decreased by -38.2% to 2.2 tons. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 138% against the previous year.
In value terms, imports of cereals; grain sorghum, other than seeds declined sharply to $1.4K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 110%.
| Import of Cereals; Grain Sorghum, Other than Seed in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 245 | 356 | 5.0 | 1,018 | 60.8% |
| Netherlands | 45.0 | 90.0 | 12.0 | 200 | 64.4% |
| Italy | 108 | 332 | 71.0 | 141 | 9.3% |
| Spain | 307 | 701 | 217 | 58.0 | -42.6% |
| Nicaragua | N/A | N/A | 2,703 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 705 | 1,479 | 3,008 | 1,417 | 26.2% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to the Dominican Republic in 2022:
- United States (2033.0 kg)
- Italy (100.0 kg)
- Netherlands (73.0 kg)
- Spain (29.0 kg)
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