Broken Rice Price in the Dominican Republic - 2023
Contents:
- Broken Rice Price in the Dominican Republic (FOB) - 2022
- Broken Rice Price in the Dominican Republic (CIF) - 2022
- Broken Rice Exports in the Dominican Republic
- Broken Rice Imports in the Dominican Republic
Broken Rice Price in the Dominican Republic (FOB) - 2022
The average broken rice export price stood at $542 per ton in 2022, reducing by -23.8% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broken rice export price increased by +6.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 39%. The export price peaked at $770 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($1,445 per ton), while the average price for exports to Haiti stood at $523 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+2.2%).
Broken Rice Price in the Dominican Republic (CIF) - 2022
The average broken rice import price stood at $841 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a moderate expansion. The growth pace was the most rapid in 2019 an increase of 124% against the previous year. As a result, import price attained the peak level of $1,478 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7,167 per ton), while the price for the United States stood at $438 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.4%).
Broken Rice Exports in the Dominican Republic
In 2022, overseas shipments of broken rice were finally on the rise to reach 2.2K tons after two years of decline. In general, exports, however, showed a sharp downturn.
In value terms, broken rice exports soared to $1.2M in 2022. Overall, exports, however, saw a precipitous curtailment.
| Export of Broken Rice in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 13.5 | 1.9 | 0.2 | 1.1 | -56.6% |
| Jamaica | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.5 | 1.9 | 0.5 | 1.2 | -55.4% |
Top Export Markets for Broken Rice from the Dominican Republic in 2022:
- Haiti (2156.1 tons)
- Jamaica (43.9 tons)
Broken Rice Imports in the Dominican Republic
In 2022, overseas purchases of broken rice decreased by -45.4% to 94 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 479%. As a result, imports attained the peak of 172 tons, and then fell markedly in the following year.
In value terms, broken rice imports fell remarkably to $79K in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 893% against the previous year. As a result, imports attained the peak of $144K, and then plummeted in the following year.
| Import of Broken Rice in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.9 | 72.5 | 39.8 | 565.0% |
| United States | 0.4 | 13.0 | 70.6 | 38.8 | 359.5% |
| Myanmar | 12.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.6 | 0.9 | 0.6 | 0.0% |
| Total | 12.9 | 14.5 | 144 | 79.2 | 83.1% |
Top Suppliers of Broken Rice to the Dominican Republic in 2022:
- United States (88.6 tons)
- China (5.6 tons)
642
This report provides an in-depth analysis of the rice market in the Dominican Republic.
449
This report provides an in-depth analysis of the paddy rice market in the Dominican Republic.
302
This report provides an in-depth analysis of the grain market in the Dominican Republic.
1391
This report provides an in-depth analysis of the global broken rice market.
499
This report provides an in-depth analysis of the global milled rice market.
7905
This report provides an in-depth analysis of the global rice market.
1601
This report provides an in-depth analysis of the global paddy rice market.
749
This report provides an in-depth analysis of the global brown rice market.
627
This report provides an in-depth analysis of the global milled rice market.
3960
This report provides an in-depth analysis of the global grain market.
70
Explore the top import markets for milled rice in 2023, including key statistics and trends. Discover which countries drive the global demand for rice imports.
302
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
840
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
802
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1434
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10429
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2165
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1512
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1554
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1343
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
