Dominican Republic - Beer - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBeer Price in the Dominican Republic - 2023
Contents:
- Beer Price in the Dominican Republic (CIF) - 2023
- Beer Price in the Dominican Republic (FOB) - 2023
- Beer Imports in the Dominican Republic
- Beer Exports in the Dominican Republic
Beer Price in the Dominican Republic (CIF) - 2023
In March 2023, the average beer import price amounted to $903 per thousand litres, which is down by -6.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 166% month-to-month. As a result, import price attained the peak level of $2.2 per litre. From October 2022 to March 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1.3 per litre), while the price for Portugal ($729 per thousand litres) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Beer Price in the Dominican Republic (FOB) - 2023
The average beer export price stood at $1.1 per litre in March 2023, growing by 15% against the previous month. In general, export price indicated a temperate expansion from March 2022 to March 2023: its price increased at an average monthly rate of +2.5% 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, beer export price increased by +22.6% against October 2022 indices. The pace of growth was the most pronounced in September 2022 an increase of 44% against the previous month. As a result, the export price attained the peak level of $1.5 per litre. From October 2022 to March 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($3.2 per litre), while the average price for exports to Curacao ($859 per thousand litres) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Beer Imports in the Dominican Republic
In 2022, approx. 82M litres of beer were imported into the Dominican Republic; with a decrease of -1.7% against the previous year. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 135%. As a result, imports attained the peak of 83M litres, and then contracted in the following year.
In value terms, beer imports fell slightly to $60M in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 165%. As a result, imports reached the peak of $61M, and then shrank modestly in the following year.
| Import of Beer in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 13.9 | 10.9 | 34.6 | 35.0 | 36.0% |
| United States | 8.3 | 6.6 | 10.9 | 12.0 | 13.1% |
| Netherlands | 2.1 | 2.5 | 9.7 | 6.6 | 46.5% |
| Germany | 1.1 | 1.2 | 2.4 | 2.3 | 27.9% |
| Belgium | 0.9 | 0.8 | 1.3 | 0.7 | -8.0% |
| Others | 1.2 | 0.9 | 1.9 | 3.1 | 37.2% |
| Total | 27.5 | 22.9 | 60.8 | 59.8 | 29.6% |
Top Suppliers of Beer to the Dominican Republic in 2022:
- Mexico (57.6M litres)
- United States (11.5M litres)
- Netherlands (6.7M litres)
- Germany (2.5M litres)
- Belgium (0.5M litres)
Beer Exports in the Dominican Republic
Beer exports from the Dominican Republic reduced notably to 14M litres in 2022, waning by -20.6% compared with 2021 figures. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. Over the period under review, the exports hit record highs at 25M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, beer exports declined sharply to $13M in 2022. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 123%. As a result, the exports attained the peak of $19M, and then shrank dramatically in the following year.
| Export of Beer in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 0.1 | 0.4 | 6.1 | 4.3 | 250.3% |
| Cuba | N/A | N/A | 0.8 | 3.5 | 337.5% |
| Belize | N/A | N/A | N/A | 1.1 | 0% |
| France | 0.1 | 0.3 | 2.2 | 0.8 | 100.0% |
| Jamaica | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Curacao | 1.1 | 0.7 | 1.0 | 0.4 | -28.6% |
| Guatemala | N/A | N/A | N/A | 0.4 | 0% |
| Venezuela | N/A | 0.2 | 4.3 | 0.4 | 41.4% |
| Israel | N/A | N/A | N/A | 0.3 | 0% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| San Marino | N/A | N/A | N/A | 0.2 | 0% |
| United States | 11.7 | 2.2 | 0.8 | 0.1 | -79.6% |
| British Virgin Islands | 2.5 | 1.4 | 0.7 | N/A | -47.1% |
| Others | 2.4 | 3.5 | 3.1 | 0.9 | -27.9% |
| Total | 18.2 | 8.6 | 19.3 | 13.0 | -10.6% |
Top Export Markets for Beer from the Dominican Republic in 2022:
- British Virgin Islands (undefinedM litres)
- Panama (4.7M litres)
- Cuba (3.6M litres)
- Belize (1.4M litres)
- France (0.9M litres)
- Jamaica (0.5M litres)
- Guatemala (0.5M litres)
- Israel (0.4M litres)
- Netherlands (0.4M litres)
- Curacao (0.4M litres)
- Venezuela (0.4M litres)
- San Marino (0.2M litres)
- United States (0.1M litres)
This report provides an in-depth analysis of the beer 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 51 - Beer of Barley
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
- 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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This report provides an in-depth analysis of the beer market in the Dominican Republic.
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This report provides an in-depth analysis of the global beer market.
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This report provides an in-depth analysis of the beer market in the Dominican Republic.
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This report provides an in-depth analysis of the global beer market.
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Explore the top import markets for beer in the world, including key statistics and insights. Discover the countries with the highest import values for beer, such as the United States, France, and Italy. Dive into the market trends and preferences driving the global beer industry.
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