Starch; Manioc (Cassava) Price in the Dominican Republic - 2023

Contents:

  1. Starch; Manioc (Cassava) Price in the Dominican Republic (CIF) - 2022
  2. Starch; Manioc (Cassava) Price in the Dominican Republic (FOB) - 2022
  3. Starch; Manioc (Cassava) Imports in the Dominican Republic
  4. Starch; Manioc (Cassava) Exports in the Dominican Republic

Starch; Manioc (Cassava) Price in the Dominican Republic (CIF) - 2022

In 2022, the average starch; manioc (cassava) import price amounted to $525 per ton, with a decrease of -2.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $601 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($629 per ton), while the price for Paraguay ($397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Starch; Manioc (Cassava) Price in the Dominican Republic (FOB) - 2022

The average starch; manioc (cassava) export price stood at $2,149 per ton in 2022, picking up by 14% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 89%. The export price peaked at $3,110 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,836 per ton), while the average price for exports to France totaled $864 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%), while the prices for the other major destinations experienced a decline.

Starch; Manioc (Cassava) Imports in the Dominican Republic

In 2022, after three years of growth, there was decline in purchases abroad of starch; manioc (cassava)s, when their volume decreased by -1.8% to 1K tons. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 3.7%. As a result, imports reached the peak of 1K tons, and then declined slightly in the following year.

In value terms, starch; manioc (cassava) imports contracted slightly to $539K in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports attained the peak of $566K, and then reduced modestly in the following year.

Import of Starch; Manioc (Cassava) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3653792124345.9%
Nicaragua41.410.310131.2-9.0%
Paraguay13.429.515.027.226.6%
Brazil71.980.762.126.6-28.2%
Vietnam14.710.111.613.2-3.5%
Others4.93.61636.711.0%
Total5115135665391.8%

Top Suppliers of Starch; Manioc (Cassava) to the Dominican Republic in 2022:

  1. Thailand (804.5 tons)
  2. Nicaragua (74.8 tons)
  3. Paraguay (68.5 tons)
  4. Brazil (42.3 tons)
  5. Vietnam (26.5 tons)

Starch; Manioc (Cassava) Exports in the Dominican Republic

In 2022, the amount of starch; manioc (cassava)s exported from the Dominican Republic skyrocketed to 12 tons, rising by 105% compared with the previous year. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 15,905% against the previous year. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, starch; manioc (cassava) exports soared to $25K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 15,416% against the previous year. As a result, the exports attained the peak of $40K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Starch; Manioc (Cassava) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.213.04.613.4306.2%
FranceN/A2.31.43.523.4%
SpainN/A24.2N/AN/A0%
OthersN/AN/A4.98.471.4%
Total0.339.610.825.2338.0%

Top Export Markets for Starch; Manioc (Cassava) from the Dominican Republic in 2022:

  1. United States (4.7 tons)
  2. France (4.0 tons)

Source: IndexBox Market Intelligence Platform

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