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Dominican Republic - Yautia - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Yautia (Cocoyam) Market 2024
Yautia (Cocoyam) Market Size in the Dominican Republic
The Dominican yautia (cocoyam) market rose rapidly to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, posted a strong increase. Over the period under review, the market attained the peak level in 2023 and is likely to see gradual growth in years to come.
Yautia (Cocoyam) Production in the Dominican Republic
In value terms, yautia (cocoyam) production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production, however, saw a remarkable increase. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Yautia (cocoyam) production peaked in 2023 and is expected to retain growth in the near future.
In 2023, the average yautia (cocoyam) yield in the Dominican Republic declined to X tons per ha, waning by X% on 2022 figures. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the total area harvested in terms of yautia production in the Dominican Republic fell to X ha, waning by X% compared with the year before. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then dropped in the following year.
Yautia (Cocoyam) Exports
Exports from the Dominican Republic
In 2023, overseas shipments of yautia increased by X% to X tons, rising for the third year in a row after four years of decline. In general, exports, however, showed a noticeable slump. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, yautia (cocoyam) exports soared to $X in 2023. Overall, exports saw strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.
Exports by Country
The United States (X tons) was the main destination for yautia (cocoyam) exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, yautia (cocoyam) exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold. Curacao (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Curacao (X% per year).
In value terms, the United States ($X) remains the key foreign market for yautia exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Curacao, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Curacao (X% per year).
Export Prices by Country
In 2023, the average yautia (cocoyam) export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, yautia (cocoyam) export price increased by X% against 2021 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Haiti ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.
Yautia (Cocoyam) Imports
Imports into the Dominican Republic
Yautia (cocoyam) imports into the Dominican Republic contracted dramatically to X tons in 2023, dropping by X% compared with the previous year's figure. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2022 when imports increased by X,779%. Over the period under review, (cocoyam) imports attained the peak figure at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.
In value terms, yautia (cocoyam) imports declined dramatically to $X in 2023. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2022 when imports increased by X,836%. Over the period under review, (cocoyam) imports attained the maximum at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Ecuador (X tons) was the main supplier of yautia (cocoyam) to the Dominican Republic, with a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from Ecuador amounted to X%.
In value terms, Ecuador ($X) constituted the largest supplier of yautia to the Dominican Republic.
From 2012 to 2023, the average annual growth rate of value from Ecuador totaled X%.
Import Prices by Country
In 2023, the average yautia (cocoyam) import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ecuador.
From 2012 to 2023, the rate of growth in terms of prices for Costa Rica amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the yautia (cocoyam) market 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:
- FCL 135 - Yautia (Cocoyam)
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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