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Dominican Republic - Prepared Dishes and Meals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared Dishes and Meal in the Dominican Republic - 2023
Contents:
- Price for Prepared Dishes and Meal in the Dominican Republic (CIF) - 2022
- Price for Prepared Dishes and Meal in the Dominican Republic (FOB) - 2022
- Imports of Prepared Dishes and Meal in the Dominican Republic
- Exports of Prepared Dishes and Meal in the Dominican Republic
Price for Prepared Dishes and Meal in the Dominican Republic (CIF) - 2022
In 2022, the average prepared dishes and meal import price amounted to $4,733 per ton, declining by -9.3% against the previous year. In general, the import price recorded a slight contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $6,387 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($7,960 per ton), while the price for Guatemala ($1,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Prepared Dishes and Meal in the Dominican Republic (FOB) - 2022
The average prepared dishes and meal export price stood at $2,585 per ton in 2022, declining by -2.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 8.2%. The export price peaked at $2,649 per ton in 2021, and then declined in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($3,072 per ton), while the average price for exports to the United States totaled $2,537 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%).
Imports of Prepared Dishes and Meal in the Dominican Republic
Prepared dishes and meal imports into the Dominican Republic contracted modestly to 27K tons in 2022, declining by -2.6% on 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.8% 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 +49.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 53%. As a result, imports attained the peak of 28K tons, and then dropped slightly in the following year.
In value terms, prepared dishes and meal imports dropped to $128M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $145M, and then shrank in the following year.
Import of Prepared Dishes and Meal in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 38.7 | 39.7 | 40.3 | 56.7 | 13.6% |
Spain | 5.8 | 5.4 | 8.2 | 25.3 | 63.4% |
Mexico | 9.3 | 7.5 | 6.4 | 16.3 | 20.6% |
Poland | 0.2 | 0.2 | 1.3 | 5.2 | 196.2% |
Guatemala | 1.1 | 1.9 | 4.0 | 4.6 | 61.1% |
Netherlands | 5.7 | 6.2 | 4.6 | 3.8 | -12.6% |
Germany | 3.4 | 2.7 | 3.1 | 3.8 | 3.8% |
Brazil | 1.7 | 1.2 | 0.9 | 0.8 | -22.2% |
China | 2.1 | 2.0 | 3.1 | N/A | 21.5% |
Costa Rica | 38.1 | 33.4 | 38.0 | N/A | -0.1% |
Others | 9.4 | 10.8 | 34.9 | 11.3 | 6.3% |
Total | 116 | 111 | 145 | 128 | 3.3% |
Top Suppliers of Prepared Dishes and Meal to the Dominican Republic in 2022:
- United States (10.2K tons)
- Spain (7.3K tons)
- Guatemala (4.0K tons)
- Mexico (2.0K tons)
- Poland (1.0K tons)
- Netherlands (0.6K tons)
- Germany (0.5K tons)
- Brazil (0.2K tons)
Exports of Prepared Dishes and Meal in the Dominican Republic
In 2022, approx. 27K tons of prepared dishes and meals were exported from the Dominican Republic; dropping by -12.7% against 2021. In general, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports reached the peak of 30K tons, and then dropped in the following year.
In value terms, prepared dishes and meal exports contracted to $69M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $80M, and then shrank in the following year.
Export of Prepared Dishes and Meal in the Dominican Republic (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 43.1 | 42.7 | 68.6 | 63.4 | 13.7% |
Guatemala | 4.2 | 3.5 | 2.5 | 1.6 | -27.5% |
Honduras | 2.6 | 2.0 | 1.6 | N/A | -21.6% |
Others | 9.5 | 8.4 | 7.8 | 3.5 | -28.3% |
Total | 59.4 | 56.6 | 80.5 | 68.6 | 4.9% |
Top Export Markets for Prepared Dishes and Meal from the Dominican Republic in 2022:
- United States (25.0K tons)
- Guatemala (0.5K tons)
This report provides an in-depth analysis of the market for prepared dishes and meal 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 10851900 - Other prepared dishes and meals (including frozen pizza)
- Prodcom 10891940 - Other food preparations n.e.c.
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
-
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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This report provides an in-depth analysis of the market for prepared dishes and meal in the Dominican Republic.
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in the Dominican Republic.
This report provides an in-depth analysis of the global market for prepared dishes and meal.
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