Dominican Republic - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in the Dominican Republic - 2023
Contents:
- Coconut Price in the Dominican Republic (FOB) - 2022
- Coconut Price in the Dominican Republic (CIF) - 2022
- Coconut Exports in the Dominican Republic
- Coconut Imports in the Dominican Republic
Coconut Price in the Dominican Republic (FOB) - 2022
In 2022, the average coconut export price amounted to $1,048 per ton, declining by -24.3% against the previous year. In general, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2016 an increase of 93%. Over the period under review, the average export prices reached the peak figure at $1,385 per ton in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,754 per ton), while the average price for exports to Switzerland ($193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.
Coconut Price in the Dominican Republic (CIF) - 2022
The average coconut import price stood at $614 per ton in 2022, increasing by 9.3% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The import price peaked at $1,071 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guyana ($603 per ton), while the price for India totaled $456 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+11.1%), while the prices for the other major suppliers experienced a decline.
Coconut Exports in the Dominican Republic
In 2022, approx. 166 tons of coconuts were exported from the Dominican Republic; with a decrease of -59.9% compared with the year before. Over the period under review, exports faced a sharp curtailment. The smallest decline of -7.3% was in 2020.
In value terms, coconut exports declined rapidly to $173K in 2022. Overall, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 17%.
| Export of Coconut in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 532 | 340 | 478 | 104 | -42.0% |
| British Virgin Islands | 33.1 | 1.2 | 2.0 | 45.6 | 11.3% |
| France | 13.6 | N/A | 19.4 | 20.5 | 14.7% |
| Curacao | 0.5 | 7.9 | 61.7 | 2.6 | 73.2% |
| Switzerland | N/A | N/A | N/A | 0.6 | 0% |
| Haiti | 26.2 | 128 | 0.4 | N/A | -87.6% |
| Others | 7.0 | 11.6 | 10.4 | 0.1 | -75.7% |
| Total | 613 | 489 | 572 | 173 | -34.4% |
Top Export Markets for Coconut from the Dominican Republic in 2022:
- United States (59.3 tons)
- British Virgin Islands (56.0 tons)
- France (43.1 tons)
- Curacao (3.7 tons)
- Switzerland (3.0 tons)
Coconut Imports in the Dominican Republic
After three years of growth, supplies from abroad of coconuts decreased by -8.5% to 10K tons in 2022. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33%.
In value terms, coconut imports contracted slightly to $6.1M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of $6.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Coconut in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | 4.7 | 5.2 | 5.4 | 5.7 | 6.6% |
| Cote d'Ivoire | 0.2 | 0.8 | N/A | N/A | 300.0% |
| Indonesia | 0.3 | 0.6 | N/A | N/A | 100.0% |
| Others | N/A | N/A | 0.7 | 0.4 | -42.9% |
| Total | 5.2 | 6.6 | 6.1 | 6.1 | 5.5% |
Top Suppliers of Coconut to the Dominican Republic in 2022:
- Guyana (9.5K tons)
This report provides an in-depth analysis of the coconut 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 249 - Coconuts
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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