Dominican Republic - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Drier Price in the Dominican Republic - 2023
Contents:
- Prepared Drier Price in the Dominican Republic (CIF) - 2022
- Prepared Drier Price in the Dominican Republic (FOB) - 2022
- Prepared Drier Imports in the Dominican Republic
- Prepared Drier Exports in the Dominican Republic
Prepared Drier Price in the Dominican Republic (CIF) - 2022
The average prepared drier import price stood at $5,616 per ton in 2022, rising by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2017 when the average import price increased by 60%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
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 the United States ($8,421 per ton), while the price for China ($3,540 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Drier Price in the Dominican Republic (FOB) - 2022
The average prepared drier export price stood at $4,583 per ton in 2022, dropping by -14.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. As a result, the export price attained the peak level of $5,334 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,144 per ton), while the average price for exports to Haiti ($3,124 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 the United States (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Drier Imports in the Dominican Republic
In 2022, approx. 502 tons of prepared driers were imported into the Dominican Republic; surging by 27% compared with 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, prepared drier imports skyrocketed to $2.8M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Prepared Drier in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 317 | 621 | 416 | 1,098 | 51.3% |
United States | 389 | 408 | 698 | 865 | 30.5% |
Colombia | N/A | N/A | 150 | 400 | 166.7% |
Spain | 215 | 78.4 | 243 | 291 | 10.6% |
Egypt | N/A | N/A | 49.1 | 94.6 | 92.7% |
China | 35.1 | 22.5 | 8.7 | 64.8 | 22.7% |
India | 199 | N/A | N/A | N/A | 0% |
Netherlands | 187 | N/A | N/A | N/A | 0% |
Saudi Arabia | N/A | 65.4 | 32.3 | N/A | -50.6% |
Others | 49.4 | 55.5 | 126 | 5.1 | -53.1% |
Total | 1,392 | 1,250 | 1,722 | 2,819 | 26.5% |
Top Suppliers of Prepared Drier to the Dominican Republic in 2022:
- Thailand (231.9 tons)
- United States (102.7 tons)
- Colombia (80.7 tons)
- Spain (49.4 tons)
- China (18.3 tons)
- Egypt (17.6 tons)
Prepared Drier Exports in the Dominican Republic
Prepared drier exports from the Dominican Republic dropped to 22 tons in 2022, waning by -4.7% on 2021. In general, exports showed a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 14%.
In value terms, prepared drier exports dropped significantly to $99K in 2022. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $121K, and then fell dramatically in the following year.
Export of Prepared Drier in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 49.3 | 48.9 | 54.6 | 41.4 | -5.7% |
Jamaica | 20.9 | 21.7 | 41.9 | 38.5 | 22.6% |
Suriname | N/A | N/A | N/A | 8.0 | 0% |
United States | N/A | N/A | 1.2 | 5.5 | 358.3% |
Costa Rica | 2.7 | 2.2 | 3.3 | 3.7 | 11.1% |
Trinidad and Tobago | 24.5 | 8.8 | 8.0 | N/A | -42.9% |
Guyana | N/A | 5.3 | 3.3 | N/A | -37.7% |
Others | 8.3 | 1.6 | 9.1 | 2.2 | -35.8% |
Total | 106 | 88.5 | 121 | 99.3 | -2.2% |
Top Export Markets for Prepared Drier from the Dominican Republic in 2022:
- Haiti (13.2 tons)
- Jamaica (5.5 tons)
- Suriname (1.2 tons)
- United States (0.8 tons)
- Costa Rica (0.7 tons)
This report provides an in-depth analysis of the prepared drier 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 20302220 - Prepared driers
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
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