Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic - 2023
Contents:
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic (CIF) - 2023
- Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic (FOB) - 2022
- Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic
- Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic (CIF) - 2023
The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $9,702 per ton in March 2023, growing by 52% against the previous month. In general, import price indicated tangible growth from March 2022 to March 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, import price for cheese, blue-veined (not grated, powdered or processed) decreased by -14.0% against January 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 60% m-o-m. As a result, import price reached the peak level of $11,282 per ton. From February 2023 to March 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($11,136 per ton), while the price for Spain stood at $9,558 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic (FOB) - 2022
The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $22,460 per ton in 2022, dropping by -1.8% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices attained the peak figure at $26,774 per ton in 2015; however, from 2016 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 Spain ($52,280 per ton), while the average price for exports to the United States ($3,705 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic
Imports of cheese, blue-veined (not grated, powdered or processed) into the Dominican Republic soared to 96 tons in 2022, rising by 44% on 2021 figures. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cheese, blue-veined (not grated, powdered or processed) soared to $713K in 2022. Over the period under review, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 394 | 212 | 310 | 429 | 2.9% |
| Denmark | 2.2 | 2.1 | 2.5 | 151 | 309.4% |
| United States | 58.9 | 47.5 | 81.9 | 79.6 | 10.6% |
| France | 22.1 | 37.6 | 23.4 | 42.4 | 24.3% |
| Italy | 13.0 | 11.3 | 21.2 | 11.1 | -5.1% |
| Germany | 32.1 | 20.2 | 17.1 | N/A | -27.0% |
| Others | 10.7 | 12.4 | 16.2 | N/A | 23.0% |
| Total | 533 | 343 | 472 | 713 | 10.2% |
Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to the Dominican Republic in 2022:
- Spain (62.2 tons)
- Denmark (23.1 tons)
- United States (7.9 tons)
- France (1.6 tons)
- Italy (1.5 tons)
Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas shipments of cheese, blue-veined (not grated, powdered or processed), when their volume decreased by -21.7% to 779 kg. Overall, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 5.8% against the previous year.
In value terms, exports of cheese, blue-veined (not grated, powdered or processed) contracted rapidly to $17K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year. As a result, the exports attained the peak of $23K, and then fell significantly in the following year.
| Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.6 | 5.4 | 12.1 | 10.5 | -0.3% |
| Germany | 1.3 | 1.5 | 4.2 | 3.6 | 40.4% |
| France | 2.4 | 3.8 | 1.0 | 2.1 | -4.4% |
| United States | 0.6 | 1.5 | 1.5 | 1.3 | 29.4% |
| Poland | N/A | N/A | 3.7 | N/A | 0% |
| Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Total | 14.8 | 12.2 | 22.8 | 17.5 | 5.7% |
Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from the Dominican Republic in 2022:
- United States (359.0 kg)
- Spain (200.0 kg)
- France (117.0 kg)
- Germany (103.0 kg)
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