Cereals; Millet, Seed Price in the Dominican Republic - 2022
Contents:
- Cereals; Millet, Seed Price in the Dominican Republic (CIF) - 2022
- Cereals; Millet, Seed Imports in the Dominican Republic
Cereals; Millet, Seed Price in the Dominican Republic (CIF) - 2022
In 2022, the average cereals; millet, seed import price amounted to $352 per ton, falling by -34.3% against the previous year. Overall, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of 32%. As a result, import price attained the peak level of $599 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +32.9% per year.
Cereals; Millet, Seed Imports in the Dominican Republic
In 2022, supplies from abroad of cereals; millet, seeds decreased by -49.6% to 53 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 206%. As a result, imports reached the peak of 105 tons, and then declined markedly in the following year.
In value terms, cereals; millet, seed imports shrank significantly to $19K in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 256%. As a result, imports attained the peak of $56K, and then dropped significantly in the following year.
Import of Cereals; Millet, Seed in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 5.4 | 15.8 | 36.4 | 18.7 | 51.3% |
United States | 5.1 | N/A | 20.0 | N/A | 98.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.5 | 15.8 | 56.4 | 18.7 | 21.2% |
Top Suppliers of Cereals; Millet, Seed to the Dominican Republic in 2022:
- Canada (53.0 tons)
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