Price for Apples, Pears and Quinces; Fresh in the Dominican Republic - 2023
Contents:
- Price for Apples, Pears and Quinces; Fresh in the Dominican Republic (CIF) - 2023
- Price for Apples, Pears and Quinces; Fresh in the Dominican Republic (FOB) - 2022
- Imports of Apples, Pears and Quinces; Fresh in the Dominican Republic
- Exports of Apples, Pears and Quinces; Fresh in the Dominican Republic
Price for Apples, Pears and Quinces; Fresh in the Dominican Republic (CIF) - 2023
The average import price for apples, pears and quinces; freshes stood at $1,858 per ton in March 2023, which is down by -7.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 14% against the previous month. The import price peaked at $2,000 per ton in February 2023, and then declined in the following month.
Average prices varied somewhat amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($1,942 per ton), while the price for Chile stood at $1,433 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.8%).
Price for Apples, Pears and Quinces; Fresh in the Dominican Republic (FOB) - 2022
The average export price for apples, pears and quinces; freshes stood at $2,954 per ton in 2022, jumping by 18% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, apples, pears and quinces; fresh export price increased by +84.8% against 2018 indices. The growth pace was the most rapid in 2016 when the average export price increased by 52% against the previous year. As a result, the export price reached the peak level of $3,007 per ton; afterwards, it flattened through to 2022.
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 Haiti amounted to -0.7% per year.
Imports of Apples, Pears and Quinces; Fresh in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas purchases of apples, pears and quinces; freshes, when their volume decreased by -5.6% to 20K tons. Over the period under review, imports recorded a mild setback. The growth pace was the most rapid in 2021 with an increase of 0.4%. As a result, imports reached the peak of 21K tons, and then fell in the following year.
In value terms, apples, pears and quinces; fresh imports expanded sharply to $34M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Apples, Pears and Quinces; Fresh in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.1 | 24.1 | 30.1 | 32.0 | 8.4% |
| Chile | 1.7 | 0.6 | 2.0 | 2.0 | 5.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 26.8 | 24.7 | 32.1 | 34.0 | 8.3% |
Top Suppliers of Apples, Pears and Quinces; Fresh to the Dominican Republic in 2022:
- United States (18.2K tons)
- Chile (1.5K tons)
Exports of Apples, Pears and Quinces; Fresh in the Dominican Republic
In 2022, overseas shipments of apples, pears and quinces; freshes decreased by -99.8% to 323 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a dramatic downturn. The growth pace was the most rapid in 2020 when exports increased by 131%.
In value terms, apples, pears and quinces; fresh exports declined remarkably to $954 in 2022. Over the period under review, exports saw a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 187% against the previous year.
| Export of Apples, Pears and Quinces; Fresh in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.4 | 4.8 | 6.0 | 1.0 | -50.8% |
| Haiti | 60.6 | 260 | 369 | N/A | 146.8% |
| Germany | 11.6 | 4.0 | 2.5 | N/A | -53.6% |
| Jamaica | 12.7 | 8.5 | N/A | N/A | -33.1% |
| Others | 3.5 | 0.1 | 0.4 | N/A | -66.2% |
| Total | 96.8 | 277 | 378 | 1.0 | -78.2% |
Top Export Markets for Apples, Pears and Quinces; Fresh from the Dominican Republic in 2022:
- United States (323.0 kg)
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