Dominican Republic - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Coffee Price in the Dominican Republic - 2023
Contents:
- Green Coffee Price in the Dominican Republic (CIF) - 2023
- Green Coffee Price in the Dominican Republic (FOB) - 2023
- Green Coffee Imports in the Dominican Republic
- Green Coffee Exports in the Dominican Republic
Green Coffee Price in the Dominican Republic (CIF) - 2023
The average green coffee import price stood at $3,526 per ton in March 2023, shrinking by -2.3% against the previous month. Over the period from January 2023 to March 2023, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 8.3% against the previous month. As a result, import price reached the peak level of $3,609 per ton, and then shrank slightly in the following month.
Average prices varied somewhat amongst the major supplying countries. In March 2023, the highest price was recorded for prices from Brazil ($3,715 per ton) and Guatemala ($3,450 per ton), while the price for Vietnam ($2,592 per ton) and Honduras ($2,735 per ton) were amongst the lowest.
From January 2023 to March 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Coffee Price in the Dominican Republic (FOB) - 2023
In March 2023, the average green coffee export price amounted to $6,757 per ton, jumping by 23% against the previous month. Over the period from January 2023 to March 2023, it increased at an average monthly rate of +10.0%. 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 foreign markets. In March 2023, the country with the highest price was Canada ($8,708 per ton), while the average price for exports to Taiwan (Chinese) ($4,000 per ton) was amongst the lowest.
From January 2023 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Green Coffee Imports in the Dominican Republic
Green coffee imports into the Dominican Republic contracted to 13K tons in 2022, with a decrease of -9.6% on 2021 figures. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
In value terms, green coffee imports dropped rapidly to $28M in 2022. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 45%.
| Import of Green Coffee in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 6.4 | 10.2 | 19.3 | 14.4 | 31.0% |
| Vietnam | 10.7 | 8.0 | 8.8 | 6.8 | -14.0% |
| Colombia | 8.8 | N/A | N/A | 2.2 | -37.0% |
| Nicaragua | 1.0 | 1.2 | 2.1 | 1.6 | 17.0% |
| Peru | 3.0 | 1.6 | 0.9 | 1.4 | -22.4% |
| Honduras | 2.8 | 1.4 | 1.2 | 1.3 | -22.6% |
| Others | 1.2 | 0.1 | 0.4 | 0.1 | -56.3% |
| Total | 34.0 | 22.6 | 32.8 | 27.7 | -6.6% |
Top Suppliers of Green Coffee to the Dominican Republic in 2022:
- Brazil (5.6K tons)
- Vietnam (3.9K tons)
- Nicaragua (1.1K tons)
- Peru (0.9K tons)
- Colombia (0.8K tons)
- Honduras (0.7K tons)
Green Coffee Exports in the Dominican Republic
Green coffee exports from the Dominican Republic dropped to 517 tons in 2022, waning by -9.9% compared with 2021. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, green coffee exports contracted to $3.1M in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year.
| Export of Green Coffee in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 834 | 598 | 626 | 793 | -1.7% |
| Japan | 838 | 574 | 464 | 722 | -4.8% |
| United States | 700 | 275 | 466 | 555 | -7.4% |
| Germany | 440 | 560 | 393 | 536 | 6.8% |
| France | 306 | 260 | 251 | 314 | 0.9% |
| Spain | 71.6 | 52.8 | 97.3 | 115 | 17.1% |
| Belgium | N/A | 178 | 625 | N/A | 251.1% |
| Canada | 240 | N/A | N/A | N/A | 0% |
| Others | 414 | 179 | 546 | 37.0 | -55.3% |
| Total | 3,843 | 2,677 | 3,469 | 3,073 | -7.2% |
Top Export Markets for Green Coffee from the Dominican Republic in 2022:
- Italy (146.3 tons)
- Germany (99.5 tons)
- Japan (99.3 tons)
- United States (88.8 tons)
- France (59.3 tons)
- Spain (17.9 tons)
This report provides an in-depth analysis of the green coffee 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 656 - Coffee green
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
- 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
657
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742
Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
1606
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