Dominican Republic - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Baking Powder Price in the Dominican Republic - 2023
Contents:
- Prepared Baking Powder Price in the Dominican Republic (CIF) - 2022
- Prepared Baking Powder Price in the Dominican Republic (FOB) - 2022
- Prepared Baking Powder Imports in the Dominican Republic
- Prepared Baking Powder Exports in the Dominican Republic
Prepared Baking Powder Price in the Dominican Republic (CIF) - 2022
In 2022, the average prepared baking powder import price amounted to $1,487 per ton, falling by -5.7% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 19%. The import price peaked at $2,771 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,573 per ton), while the price for Guatemala ($1,061 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.9%), while the prices for the other major suppliers experienced a decline.
Prepared Baking Powder Price in the Dominican Republic (FOB) - 2022
The average prepared baking powder export price stood at $2,476 per ton in 2022, surging by 15% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared baking powder export price increased by +41.0% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. Over the period under review, the average export prices hit record highs at $2,616 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Haiti.
From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +6.8% per year.
Prepared Baking Powder Imports in the Dominican Republic
In 2022, approx. 250 tons of prepared baking powders were imported into the Dominican Republic; rising by 28% compared with 2021. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, prepared baking powder imports surged to $371K in 2022. Over the period under review, imports, however, showed a abrupt shrinkage.
Import of Prepared Baking Powder in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 89.9 | 133 | 107 | 141 | 16.2% |
Mexico | 154 | 39.2 | 70.9 | 96.6 | -14.4% |
United States | 144 | 70.6 | 48.9 | 58.1 | -26.1% |
China | 6.7 | 3.8 | 35.5 | 49.4 | 94.6% |
Others | 49.7 | 56.2 | 45.1 | 26.4 | -19.0% |
Total | 444 | 303 | 308 | 371 | -5.8% |
Top Suppliers of Prepared Baking Powder to the Dominican Republic in 2022:
- Guatemala (132.8 tons)
- Mexico (55.8 tons)
- United States (30.0 tons)
- China (27.4 tons)
Prepared Baking Powder Exports in the Dominican Republic
In 2022, overseas shipments of prepared baking powders decreased by -9.2% to 15 tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 31 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, prepared baking powder exports expanded slightly to $37K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of $61K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Prepared Baking Powder in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Haiti | 46.4 | 50.1 | 35.5 | 36.3 | -7.9% |
Others | N/A | 10.8 | N/A | 0.8 | -72.8% |
Total | 46.4 | 61.0 | 35.5 | 37.1 | -7.2% |
Top Export Markets for Prepared Baking Powder from the Dominican Republic in 2022:
- Haiti (14.8 tons)
This report provides an in-depth analysis of the prepared baking powder 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 10891370 - Prepared baking powders
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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