Price for Cereals; Oats, Other than Seed in the Dominican Republic - 2023
Contents:
- Price for Cereals; Oats, Other than Seed in the Dominican Republic (CIF) - 2023
- Price for Cereals; Oats, Other than Seed in the Dominican Republic (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in the Dominican Republic
- Exports of Cereals; Oats, Other than Seed in the Dominican Republic
Price for Cereals; Oats, Other than Seed in the Dominican Republic (CIF) - 2023
The average import price for cereals; oats, other than seeds stood at $787 per ton in March 2023, dropping by -10.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 19% m-o-m. The import price peaked at $1,089 per ton in November 2022; however, from December 2022 to March 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was Chile ($788 per ton), while the price for Argentina totaled $735 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Argentina (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereals; Oats, Other than Seed in the Dominican Republic (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $969 per ton, waning by -38.5% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 98% against the previous year. Over the period under review, the average export prices reached the maximum at $2,257 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,731 per ton), while the average price for exports to Haiti ($966 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 (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cereals; Oats, Other than Seed in the Dominican Republic
In 2022, purchases abroad of cereals; oats, other than seeds decreased by -10.2% to 10K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; oats, other than seed imports soared to $9.1M in 2022. The total import value increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 30%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Cereals; Oats, Other than Seed in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 6.1 | 7.9 | 7.5 | 8.7 | 12.6% |
| Canada | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 6.3 | 8.1 | 7.8 | 9.1 | 13.0% |
Top Suppliers of Cereals; Oats, Other than Seed to the Dominican Republic in 2022:
- Chile (9.6K tons)
- Canada (0.3K tons)
Exports of Cereals; Oats, Other than Seed in the Dominican Republic
In 2022, overseas shipments of cereals; oats, other than seeds were finally on the rise to reach 67 tons after two years of decline. In general, exports, however, saw a sharp contraction.
In value terms, cereals; oats, other than seed exports reduced rapidly to $65K in 2022. Overall, exports, however, showed a dramatic setback.
| Export of Cereals; Oats, Other than Seed in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 389 | 37.7 | 69.9 | 64.0 | -45.2% |
| United States | 0.1 | 67.6 | 8.3 | 0.1 | 0.0% |
| Others | 0.8 | 5.0 | 3.2 | 0.6 | -9.1% |
| Total | 390 | 110 | 81.4 | 64.7 | -45.1% |
Top Export Markets for Cereals; Oats, Other than Seed from the Dominican Republic in 2022:
- Haiti (66.2 tons)
- United States (0.1 tons)
383
This report provides an in-depth analysis of the oat market in the Dominican Republic.
323
This report provides an in-depth analysis of the grain market in the Dominican Republic.
4721
This report provides an in-depth analysis of the global oat market.
4174
This report provides an in-depth analysis of the global grain market.
383
This report provides an in-depth analysis of the oat market in the Dominican Republic.
4721
This report provides an in-depth analysis of the global oat market.
843
Discover the world's best import markets for oats and gain insights into their key statistics and consumer preferences. The United States, Germany, China, Netherlands, and Belgium are leading importers, driven by health consciousness and sustainability concerns.
669
The oat market indicated steady growth in 2020. The production and export of oats increased against heightened demand, not only from livestock farmers and producers of animal feed but also from a nascent trend emerging in the food sector: the use of oats as an ingredient in the manufacture of healthy food products.
3245
In 2017, the volume of the global oats consumption stood at approx. X tons, not moving far from the 2016 figure.
10935
Global oat consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
2300
In 2015, the countries with the highest levels of oat production were Russia (X thousand tons), Canada (X thousand tons), Poland (X thousand tons), together accounting for X% of total output.
567
In 2014, the oat market decreased again to X thousand tons (-X% Y-o-Y).
1361
Canada seized control of the global oat market. In 2014, Canada exported X thousand tons of oats totaling X million USD, a robust X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total oat expor
1414
Canada continued its dominant position in the global oat trade, combining with Finland to corral a X share of total global exports. Canada's primary trading partner in 2014 was the United States. X% of its total oat exports was sent to the U.S.,
1356
Canada and Finland, along with Russia, Poland and Australia, are often referred to as major producers of oats. In 2013, with a combined share of X% of global exports, Canada and Finland became the main global exporters of oats, despite the fact that
318
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.
