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Dominican Republic - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingManuka Price in the Dominican Republic - 2023
Contents:
- Manuka Price in the Dominican Republic (FOB) - 2022
- Manuka Price in the Dominican Republic (CIF) - 2022
- Manuka Exports in the Dominican Republic
- Manuka Imports in the Dominican Republic
Manuka Price in the Dominican Republic (FOB) - 2022
The average manuka export price stood at $2,465 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 13%. Over the period under review, the average export prices reached the peak figure at $2,960 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Aruba amounted to +22.1% per year.
Manuka Price in the Dominican Republic (CIF) - 2022
The average manuka import price stood at $6,999 per ton in 2022, rising by 4.6% against the previous year. Over the period under review, the import price recorded a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $7,115 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($11,270 per ton), while the price for France ($5,288 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Manuka Exports in the Dominican Republic
In 2022, approx. 432 tons of manuka were exported from the Dominican Republic; picking up by 1.9% on 2021 figures. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 6.6% against the previous year. As a result, the exports attained the peak of 433 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, manuka exports rose slightly to $1.1M in 2022. In general, exports, however, continue to indicate a perceptible decrease.
Export of Manuka in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,015 | 1,068 | 1,004 | 1,024 | 0.3% |
France | 63.1 | 0.8 | 1.1 | 21.6 | -30.0% |
Others | 53.0 | 15.3 | 39.1 | 18.8 | -29.2% |
Total | 1,131 | 1,085 | 1,044 | 1,065 | -2.0% |
Top Export Markets for Manuka from the Dominican Republic in 2022:
- United States (419.5 tons)
- France (5.5 tons)
Manuka Imports in the Dominican Republic
Manuka imports into the Dominican Republic reduced to 4.8 tons in 2022, falling by -14.6% compared with 2021 figures. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 35%.
In value terms, manuka imports reduced to $33K in 2022. In general, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $37K, and then reduced in the following year.
Import of Manuka in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 23.2 | 12.5 | 2.1 | 19.6 | -5.5% |
United States | 0.5 | 14.9 | 15.2 | 11.7 | 186.0% |
France | 0.5 | 0.4 | 12.9 | 1.3 | 37.5% |
Italy | 0.6 | 0.3 | 7.1 | 0.7 | 5.3% |
Others | 10.9 | 1.3 | N/A | N/A | -88.1% |
Total | 35.7 | 29.3 | 37.3 | 33.3 | -2.3% |
Top Suppliers of Manuka to the Dominican Republic in 2022:
- Spain (3.0 tons)
- United States (1.5 tons)
- France (0.2 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the manuka 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 1182 - Honey
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
- 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
This report provides an in-depth analysis of the manuka market in the Dominican Republic.
This report provides an in-depth analysis of the honey market in the Dominican Republic.
This report provides an in-depth analysis of the global manuka market.
This report provides an in-depth analysis of the global honey market.
This report provides an in-depth analysis of the manuka market in the Dominican Republic.
This report provides an in-depth analysis of the honey market in the Dominican Republic.
This report provides an in-depth analysis of the global manuka market.
This report provides an in-depth analysis of the global honey market.
Explore the top import markets for Manuka honey and discover key statistics and market trends. Find out which countries are leading in the import value of Manuka honey.
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Global honey market production was estimated at X million USD in 2015, which was X million USD (or X%) below the peak production level of 2013.
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