Report Update: May 1, 2024

Dominican Republic - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights

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Dried Prune Price in the Dominican Republic - 2023

Dried Prune Price in the Dominican Republic (CIF) - 2023

In March 2023, the average dried prune import price amounted to $4,523 per ton, shrinking by -13.3% against the previous month. In general, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in June 2022 when the average import price increased by 457% against the previous month. As a result, import price reached the peak level of $27,015 per ton. From July 2022 to March 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($4,763 per ton), while the price for Chile stood at $4,287 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Chile (-0.8%), while the prices for the other major suppliers experienced a decline.

Dried Prune Price in the Dominican Republic (FOB) - 2022

In 2022, the average dried prune export price amounted to $2,024 per ton, declining by -14% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18%. The export price peaked at $4,538 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,736 per ton), while the average price for exports to Canada ($129 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 Germany (-8.8%), while the prices for the other major destinations experienced a decline.

Dried Prune Imports in the Dominican Republic

In 2022, the amount of dried prunes imported into the Dominican Republic rose remarkably to 526 tons, increasing by 11% on the year before. Overall, imports, however, showed a mild shrinkage.

In value terms, dried prune imports declined to $1.7M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.9% against the previous year. As a result, imports attained the peak of $1.8M, and then reduced modestly in the following year.

Import of Dried Prune in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	480	654	769	966	26.3%
Chile	738	668	849	580	-7.7%
Argentina	311	319	150	161	-19.7%
Others	20.3	14.6	34.1	21.9	2.6%
Total	1,550	1,655	1,802	1,729	3.7%

Top Suppliers of Dried Prune to the Dominican Republic in 2022:

United States (277.6 tons)
Chile (180.9 tons)
Argentina (58.8 tons)

Dried Prune Exports in the Dominican Republic

In 2022, approx. 988 kg of dried prunes were exported from the Dominican Republic; with an increase of 572% against the previous year's figure. Overall, exports, however, continue to indicate a deep setback.

In value terms, dried prune exports soared to $2K in 2022. In general, exports, however, showed a abrupt decline.

Export of Dried Prune in the Dominican Republic (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Jamaica	537	2,673	240	1,386	37.2%
Germany	322	725	65.0	372	4.9%
Canada	40.0	169	15.0	88.0	30.1%
France	2,609	N/A	N/A	N/A	0%
Others	91.0	86.0	26.0	154	19.2%
Total	3,599	3,653	346	2,000	-17.8%

Top Export Markets for Dried Prune from the Dominican Republic in 2022:

Canada (680.0 kg)
Jamaica (265.0 kg)
Germany (32.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dried prune 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:

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
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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.

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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023