Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic - 2023

Contents:

1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic (CIF) - 2023
2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic (FOB) - 2022
3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic
4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic (CIF) - 2023

The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $1,997 per ton in March 2023, waning by -13.9% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 an increase of 176% month-to-month. The import price peaked at $5,887 per ton in November 2022; however, from December 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 the United States ($5,382 per ton), while the price for Chile amounted to $1,992 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic (FOB) - 2022

The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $1,108 per ton in 2022, declining by -53.2% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 249% against the previous year. As a result, the export price attained the peak level of $3,551 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,959 per ton), while the average price for exports to British Virgin Islands totaled $727 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+52.7%), while the prices for the other major destinations experienced a decline.

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of apricots, cherries, peaches (including nectarines), plums and sloes, freshes, which increased by 9.8% to 1K tons in 2022. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes skyrocketed to $3.6M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to the Dominican Republic in 2022:

1. Chile (245.4 tons)
2. United States (239.4 tons)
3. Argentina (19.2 tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in the Dominican Republic

In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes exported from the Dominican Republic soared to 5.9 tons, with an increase of 192% against the previous year. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,004% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes soared to $6.6K in 2022. Over the period under review, exports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 643%.

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from the Dominican Republic in 2022:

1. United States (1.7 tons)

Source: IndexBox Market Intelligence Platform