Dominican Republic - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic - 2023
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic (CIF) - 2023
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic (FOB) - 2023
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic (CIF) - 2023
The average import price for malt extract and food preparations of flour, meal, and starches stood at $3,132 per ton in March 2023, reducing by -14.3% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 24% against the previous month. As a result, import price reached the peak level of $4,088 per ton. From November 2022 to March 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Denmark ($5,069 per ton), while the price for Mexico ($1,836 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 Colombia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic (FOB) - 2023
In March 2023, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $6,660 per ton, picking up by 22% against the previous month. In general, export price indicated temperate growth from March 2022 to March 2023: its price increased at an average monthly rate of +3.8% 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, export price for malt extract and food preparations of flour, meal, and starches increased by +22.1% against February 2023 indices. The growth pace was the most rapid in June 2022 when the average export price increased by 46% m-o-m. The export price peaked in March 2023.
Average prices varied somewhat for the major external markets. In March 2023, the highest price was recorded for prices to France ($8,507 per ton) and Haiti ($8,400 per ton), while the average price for exports to Cuba ($6,000 per ton) and the United States ($6,152 per ton) were amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic
After three years of growth, supplies from abroad of malt extract and food preparations of flour, meal, and starches decreased by -0.7% to 8.4K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of 8.5K tons, leveling off in the following year.
In value terms, imports of malt extract and food preparations of flour, meal, and starches skyrocketed to $29M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 3.0 | 5.6 | 7.2 | 10.9 | 53.7% |
Ireland | 0.6 | 1.2 | 3.4 | 6.1 | 116.6% |
Spain | 2.0 | 0.8 | 2.0 | 3.3 | 18.2% |
Mexico | 1.6 | 2.2 | 2.2 | 2.8 | 20.5% |
United States | 0.6 | 0.6 | 1.2 | 2.0 | 49.4% |
France | 0.6 | 0.6 | 2.1 | 1.5 | 35.7% |
Denmark | 2.3 | 2.8 | 2.4 | 1.0 | -24.2% |
Others | 0.9 | 1.1 | 2.1 | 0.9 | 0.0% |
Total | 11.5 | 14.8 | 22.5 | 28.5 | 35.3% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to the Dominican Republic in 2022:
- Netherlands (3.1K tons)
- Ireland (1.6K tons)
- Mexico (1.3K tons)
- Spain (0.8K tons)
- United States (0.7K tons)
- France (0.4K tons)
- Denmark (0.2K tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in overseas shipments of malt extract and food preparations of flour, meal, and starches, which increased by 8.2% to 317 tons in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of malt extract and food preparations of flour, meal, and starches skyrocketed to $1.2M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 226 | 265 | 512 | 934 | 60.5% |
Haiti | 3.6 | 15.3 | 73.9 | 107 | 209.8% |
Aruba | 5.6 | 15.5 | 8.9 | 75.6 | 138.1% |
Spain | 32.2 | 15.7 | 4.2 | N/A | -63.9% |
Chile | 28.5 | 30.3 | 15.0 | N/A | -27.5% |
France | N/A | N/A | 11.2 | N/A | 0% |
Others | 2.5 | 12.0 | 28.4 | 69.8 | 203.4% |
Total | 298 | 354 | 654 | 1,187 | 58.5% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from the Dominican Republic in 2022:
- United States (193.2 tons)
- Haiti (79.4 tons)
- Aruba (35.1 tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
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
- 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 VOLUME AND VALUE
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
- 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
- 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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Explore the top import markets for baby food and the key statistics of these markets. Know about the countries with the highest import values for baby food, such as China, Saudi Arabia, the United States, and more.