Price for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in the Dominican Republic - 2022
Contents:
- Price for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in the Dominican Republic (FOB) - 2022
- Exports of Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in the Dominican Republic
Price for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in the Dominican Republic (FOB) - 2022
The average export price for food preparations; sweet biscuits, waffles and wafers, whether or not containing cocoa stood at $280 per ton in 2022, with a decrease of -18.4% against the previous year. Over the period under review, the export price faced a abrupt descent. The pace of growth was the most pronounced in 2021 when the average export price decreased by -18.4% against the previous year. The export price peaked at $2,143 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Antigua and Barbuda.
From 2012 to 2022, the rate of growth in terms of prices for Antigua and Barbuda amounted to -18.4% per year.
Exports of Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in shipments abroad of food preparations; sweet biscuits, waffles and wafers, whether or not containing cocoa, which increased by 20% to 83 tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of food preparations; sweet biscuits, waffles and wafers, whether or not containing cocoa fell to $23K in 2022. Overall, exports, however, saw a noticeable downturn. The smallest decline of -2.1% was in 2021.
| Export of Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Antigua and Barbuda | 24.8 | 24.3 | 23.8 | 23.3 | -2.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.8 | 24.3 | 23.8 | 23.3 | -2.1% |
Top Export Markets for Food Preparations; Sweet Biscuits, Waffles and Wafers, Whether or Not Containing Cocoa from the Dominican Republic in 2022:
- Antigua and Barbuda (83.1 tons)
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