Dominican Republic - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCream Fresh Price in the Dominican Republic - 2023
Contents:
- Cream Fresh Price in the Dominican Republic (CIF) - 2023
- Cream Fresh Price in the Dominican Republic (FOB) - 2022
- Cream Fresh Imports in the Dominican Republic
- Cream Fresh Exports in the Dominican Republic
Cream Fresh Price in the Dominican Republic (CIF) - 2023
The average cream fresh import price stood at $3,306 per ton in March 2023, declining by -4.5% against the previous month. Over the period from March 2022 to March 2023, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in December 2022 when the average import price increased by 22% m-o-m. Over the period under review, average import prices reached the peak figure at $3,462 per ton in February 2023, and then shrank in the following month.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was France ($3,423 per ton), while the price for Germany ($3,022 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cream Fresh Price in the Dominican Republic (FOB) - 2022
In 2022, the average cream fresh export price amounted to $3,304 per ton, which is down by -29.9% against the previous year. In general, the export price, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2017 an increase of 804% against the previous year. The export price peaked at $12,732 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 ($4,602 per ton), while the average price for exports to Grenada amounted to $2,618 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Cream Fresh Imports in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in purchases abroad of cream fresh, which increased by 28% to 1.9K tons in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 101% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cream fresh imports surged to $5M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 99%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Cream Fresh in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 59.4 | 378 | 859 | 2,390 | 242.7% |
Brazil | 139 | 360 | 527 | 1,327 | 112.1% |
France | 322 | 292 | 477 | 926 | 42.2% |
Germany | 45.5 | 74.7 | 177 | 322 | 92.0% |
Others | 413 | 843 | 1,398 | 34.6 | -56.2% |
Total | 979 | 1,948 | 3,437 | 5,000 | 72.2% |
Top Suppliers of Cream Fresh to the Dominican Republic in 2022:
- Spain (898.8 tons)
- Brazil (508.3 tons)
- France (310.2 tons)
- Germany (130.0 tons)
Cream Fresh Exports in the Dominican Republic
In 2022, shipments abroad of cream fresh was finally on the rise to reach 792 kg after two years of decline. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cream fresh exports skyrocketed to $2.6K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Cream Fresh in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Grenada | N/A | N/A | N/A | 1,500 | 0% |
United States | 93.0 | 4.0 | 39.0 | 994 | 120.3% |
Haiti | 175 | N/A | N/A | N/A | 0% |
Bahrain | N/A | 66.0 | N/A | N/A | 0% |
Others | N/A | N/A | 27.0 | 123 | 355.6% |
Total | 268 | 70.0 | 66.0 | 2,617 | 113.7% |
Top Export Markets for Cream Fresh from the Dominican Republic in 2022:
- Grenada (573.0 kg)
- United States (216.0 kg)
This report provides an in-depth analysis of the cream fresh 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 885 - Cream, Fresh
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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