Dominican Republic - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Wheat Groats Price in the Dominican Republic - 2023
Contents:
- Non-Wheat Groats Price in the Dominican Republic (FOB) - 2023
- Non-Wheat Groats Price in the Dominican Republic (CIF) - 2022
- Non-Wheat Groats Exports in the Dominican Republic
- Non-Wheat Groats Imports in the Dominican Republic
Non-Wheat Groats Price in the Dominican Republic (FOB) - 2023
In March 2023, the average non-wheat groats export price amounted to $668 per ton, picking up by 7.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $708 per ton in August 2022; however, from September 2022 to March 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In March 2023, the country with the highest price was Honduras ($723 per ton), while the average price for exports to Haiti ($631 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 Honduras (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Wheat Groats Price in the Dominican Republic (CIF) - 2022
The average non-wheat groats import price stood at $744 per ton in 2022, with an increase of 92% against the previous year. In general, the import price enjoyed tangible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,221 per ton), while the price for Italy amounted to $720 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+67.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Wheat Groats Exports in the Dominican Republic
For the third year in a row, the Dominican Republic recorded decline in shipments abroad of groats and meal of cereals (excluding wheat), which decreased by -60.9% to 6.5K tons in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -1.3% was in 2020.
In value terms, non-wheat groats exports plummeted to $4.3M in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -3.2% was in 2020.
Export of Non-Wheat Groats in the Dominican Republic (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 7.8 | 6.3 | 4.1 | 2.3 | -33.4% |
Guatemala | 1.4 | 2.0 | 3.1 | 1.2 | -5.0% |
Honduras | 1.3 | 1.9 | 1.9 | 0.7 | -18.6% |
El Salvador | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 10.7 | 10.4 | 9.2 | 4.3 | -26.2% |
Top Export Markets for Non-Wheat Groats from the Dominican Republic in 2022:
- Haiti (3.7K tons)
- Guatemala (1.7K tons)
- Honduras (1.0K tons)
- El Salvador (0.1K tons)
Non-Wheat Groats Imports in the Dominican Republic
In 2022, overseas purchases of groats and meal of cereals (excluding wheat) decreased by -75.5% to 47 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 0.7% against the previous year. As a result, imports reached the peak of 354 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-wheat groats imports contracted rapidly to $35K in 2022. In general, imports recorded a sharp curtailment. The smallest decline of -20.7% was in 2020.
Import of Non-Wheat Groats in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 126 | 16.1 | 8.3 | 32.4 | -36.4% |
United States | 2.8 | 1.2 | 1.5 | 2.8 | 0.0% |
Turkey | N/A | 83.0 | 62.9 | N/A | -24.2% |
Others | N/A | 1.6 | 1.8 | N/A | 12.5% |
Total | 128 | 102 | 74.5 | 35.2 | -35.0% |
Top Suppliers of Non-Wheat Groats to the Dominican Republic in 2022:
- Italy (45.0 tons)
- United States (2.3 tons)
This report provides an in-depth analysis of the non-wheat groats 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:
- Prodcom 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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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