Dominican Republic - Cocoa Butter - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCocoa Butter Price in the Dominican Republic - 2023
Contents:
- Cocoa Butter Price in the Dominican Republic (FOB) - 2023
- Cocoa Butter Price in the Dominican Republic (CIF) - 2022
- Cocoa Butter Exports in the Dominican Republic
- Cocoa Butter Imports in the Dominican Republic
Cocoa Butter Price in the Dominican Republic (FOB) - 2023
The average cocoa butter export price stood at $5,285 per ton in March 2023, growing by 16% against the previous month. In general, the export price posted a slight increase. The pace of growth appeared the most rapid in December 2022 an increase of 155% month-to-month. Over the period under review, the average export prices reached the peak figure at $18,595 per ton in January 2023; however, from February 2023 to March 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($20,000 per ton), while the average price for exports to the Netherlands ($4,637 per ton) 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 the United States (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.
Cocoa Butter Price in the Dominican Republic (CIF) - 2022
In 2022, the average cocoa butter import price amounted to $6,876 per ton, which is down by -25.9% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2018 an increase of 107% against the previous year. The import price peaked at $11,800 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.4% per year.
Cocoa Butter Exports in the Dominican Republic
In 2022, cocoa butter exports from the Dominican Republic fell sharply to 831 tons, which is down by -38.4% compared with the year before. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 54%. As a result, the exports reached the peak of 1.3K tons, and then dropped significantly in the following year.
In value terms, cocoa butter exports shrank significantly to $4.4M in 2022. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of $6.6M, and then contracted notably in the following year.
| Export of Cocoa Butter in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 1.0 | 1.5 | 2.2 | 122.4% |
| Germany | 0.7 | 0.8 | 0.9 | 1.2 | 19.7% |
| Netherlands | 4.9 | 2.8 | 4.1 | 0.7 | -47.7% |
| France | 0.5 | N/A | 0.1 | 0.1 | -41.5% |
| Belgium | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 6.2 | 4.7 | 6.6 | 4.4 | -10.8% |
Top Export Markets for Cocoa Butter from the Dominican Republic in 2022:
- United States (495.0 tons)
- Germany (144.0 tons)
- Netherlands (138.4 tons)
- Belgium (20.7 tons)
- France (20.0 tons)
Cocoa Butter Imports in the Dominican Republic
In 2022, approx. 18 tons of cocoa butter were imported into the Dominican Republic; surging by 4,606% compared with the previous year. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cocoa butter imports soared to $127K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cocoa Butter in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 0.7 | 2.7 | 126 | 580.4% |
| Belgium | N/A | N/A | N/A | 0.9 | 0% |
| Others | 21.3 | 0.3 | 1.0 | 0.4 | -73.4% |
| Total | 21.7 | 1.0 | 3.6 | 127 | 80.2% |
Top Suppliers of Cocoa Butter to the Dominican Republic in 2022:
- United States (18.2 tons)
- Belgium (0.2 tons)
This report provides an in-depth analysis of the cocoa butter 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 664 - Cocoa Butter
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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This report provides an in-depth analysis of the cocoa butter market in the Dominican Republic.
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This report provides an in-depth analysis of the global cocoa butter market.
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This report provides an in-depth analysis of the cocoa butter market in the Dominican Republic.
3894
This report provides an in-depth analysis of the global cocoa butter market.
1204
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
2244
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1507
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
1865
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
1204
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
2244
Global cocoa butter imports totaled X tons in 2016, dropping by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- how...
1507
The global cocoa butter trade fluctuated mildly over the period under review. A slight drop in 2009 was followed by recovery in 2010 and another decline over 2011-2012. After increasing in 2013 and 2014, exports slightly decreased again in 2015, amount
1865
Malaysia is one of the leaders in the global cocoa butter trade. In 2014, Malaysia exported X thousand tons of cocoa butter totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its
