Dominican Republic - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Dominican Republic - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved Frozen Potato Price in the Dominican Republic - 2023

Contents:

  1. Preserved Frozen Potato Price in the Dominican Republic (CIF) - 2023
  2. Preserved Frozen Potato Price in the Dominican Republic (FOB) - 2022
  3. Preserved Frozen Potato Imports in the Dominican Republic
  4. Preserved Frozen Potato Exports in the Dominican Republic

Preserved Frozen Potato Price in the Dominican Republic (CIF) - 2023

The average preserved frozen potato import price stood at $1,393 per ton in March 2023, waning by -3.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in August 2022 when the average import price increased by 19% against the previous month. Over the period under review, average import prices attained the peak figure at $1,441 per ton in November 2022; afterwards, it flattened through to March 2023.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($2,351 per ton), while the price for the Netherlands ($1,205 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Preserved Frozen Potato Price in the Dominican Republic (FOB) - 2022

The average preserved frozen potato export price stood at $1,784 per ton in 2022, growing by 16% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 119%. As a result, the export price attained the peak level of $2,560 per ton. From 2014 to 2022, the average 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 the United States ($1,831 per ton), while the average price for exports to Turks and Caicos Islands ($519 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 United States (+4.6%), while the prices for the other major destinations experienced a decline.

Preserved Frozen Potato Imports in the Dominican Republic

In 2022, the amount of frozen potatoes prepared or preserved imported into the Dominican Republic expanded slightly to 39K tons, picking up by 4.3% against the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, preserved frozen potato imports soared to $43M in 2022. Over the period under review, imports showed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Preserved Frozen Potato in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9.88.717.025.237.0%
Netherlands7.24.55.07.93.1%
United States6.73.94.75.7-5.2%
Canada0.70.51.22.144.2%
France0.90.30.81.723.6%
Germany0.90.70.40.1-51.9%
Others0.50.10.20.3-15.7%
Total26.718.629.443.117.3%

Top Suppliers of Preserved Frozen Potato to the Dominican Republic in 2022:

  1. Belgium (26.2K tons)
  2. Netherlands (7.3K tons)
  3. United States (2.7K tons)
  4. Canada (1.2K tons)
  5. France (1.2K tons)
  6. Germany (0.1K tons)

Preserved Frozen Potato Exports in the Dominican Republic

In 2022, exports of frozen potatoes prepared or preserved from the Dominican Republic dropped significantly to 29 tons, which is down by -65.4% against 2021 figures. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 3,477% against the previous year. As a result, the exports attained the peak of 84 tons, and then reduced markedly in the following year.

In value terms, preserved frozen potato exports shrank significantly to $52K in 2022. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 3,049% against the previous year. As a result, the exports attained the peak of $129K, and then declined sharply in the following year.

Export of Preserved Frozen Potato in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.83.412950.0296.9%
GermanyN/AN/AN/A1.10%
Turks and Caicos IslandsN/AN/AN/A0.30%
Haiti5.20.5N/AN/A-90.4%
Others77.60.2N/A0.4-82.7%
Total83.64.112951.7-14.8%

Top Export Markets for Preserved Frozen Potato from the Dominican Republic in 2022:

  1. United States (27.3 tons)
  2. Germany (1.0 tons)
  3. Turks and Caicos Islands (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved frozen potato 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 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. 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
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