Dominican Republic - Dates - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Dominican Republic - Dates - Market Analysis, Forecast, Size, Trends and Insights

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Date Price in the Dominican Republic - 2023

Contents:

  1. Date Price in the Dominican Republic (CIF) - 2022
  2. Date Price in the Dominican Republic (FOB) - 2022
  3. Date Imports in the Dominican Republic
  4. Date Exports in the Dominican Republic

Date Price in the Dominican Republic (CIF) - 2022

The average date import price stood at $5,449 per ton in 2022, waning by -17.3% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 114%. The import price peaked at $6,586 per ton in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,285 per ton), while the price for Spain ($1,008 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Date Price in the Dominican Republic (FOB) - 2022

In 2022, the average date export price amounted to $2,311 per ton, increasing by 208% against the previous year. In general, the export price enjoyed a mild expansion. The export price peaked at $2,750 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,131 per ton), while the average price for exports to Canada ($2,661 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 the UK (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Date Imports in the Dominican Republic

In 2022, the amount of dates imported into the Dominican Republic skyrocketed to 76 tons, rising by 89% compared with the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, date imports skyrocketed to $417K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Date in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16619820633626.5%
Tunisia17.242.837.857.349.4%
United Arab Emirates3.74.16.09.436.5%
Turkey5.73.35.78.313.3%
France2.62.92.60.9-29.8%
Others7.56.59.14.8-13.8%
Total20325726741727.1%

Top Suppliers of Date to the Dominican Republic in 2022:

  1. United States (46.1 tons)
  2. Tunisia (21.2 tons)
  3. United Arab Emirates (4.9 tons)
  4. Turkey (2.6 tons)
  5. France (0.3 tons)

Date Exports in the Dominican Republic

Date exports from the Dominican Republic surged to 45 kg in 2022, growing by 1,025% compared with the year before. In general, exports, however, faced a dramatic decrease.

In value terms, date exports soared to $104 in 2022. Over the period under review, exports, however, saw a precipitous contraction.

Export of Date in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.815.011.213.525.7%
Jamaica4.00.43.91.6-26.3%
United StatesN/AN/A1.80.9-50.0%
Spain0.70.21.10.84.6%
Germany0.20.11.40.644.2%
Canada0.1N/A0.20.344.2%
Others-11.8-12.6-19.6-17.614.3%
TotalN/A3.2N/A0.1-82.3%

Top Export Markets for Date from the Dominican Republic in 2022:

  1. United Kingdom (4123.0 kg)
  2. Jamaica (409.0 kg)
  3. United States (250.0 kg)
  4. Spain (242.0 kg)
  5. Germany (120.0 kg)
  6. Canada (98.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the date 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 577 - Dates

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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