Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic - 2023
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic (CIF) - 2022
In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $1,180 per ton, surging by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($3,467 per ton), while the price for Canada ($1,051 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $580 per ton in 2022, growing by 153% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2016 when the average export price increased by 628% against the previous year. As a result, the export price attained the peak level of $5,735 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,034 per ton), while the average price for exports to Turks and Caicos Islands ($393 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 Turks and Caicos Islands (+5.3%), while the prices for the other major destinations experienced a decline.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic
For the fourth consecutive year, the Dominican Republic recorded growth in supplies from abroad of buckwheat, millet and canary seed; other cerealses, which increased by 63% to 3K tons in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of buckwheat, millet and canary seed; other cerealses soared to $3.6M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 536 | 683 | 1,251 | 2,580 | 68.8% |
| Argentina | N/A | 29.7 | 47.3 | 447 | 287.9% |
| Peru | 396 | 278 | 311 | 348 | -4.2% |
| United States | 44.8 | 56.2 | 26.4 | 113 | 36.1% |
| Others | 63.1 | 26.5 | 8.4 | 100 | 16.6% |
| Total | 1,040 | 1,073 | 1,644 | 3,589 | 51.1% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to the Dominican Republic in 2022:
- Canada (2454.0 tons)
- Argentina (379.2 tons)
- Peru (100.4 tons)
- United States (88.0 tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic
In 2022, after two years of decline, there was significant growth in overseas shipments of buckwheat, millet and canary seed; other cerealses, when their volume increased by 16,142% to 280 tons. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of buckwheat, millet and canary seed; other cerealses skyrocketed to $163K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | N/A | N/A | N/A | 159 | 0% |
| Turks and Caicos Islands | N/A | N/A | 0.4 | 2.9 | 625.0% |
| United States | 30.3 | 27.8 | N/A | 0.6 | -72.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 30.3 | 27.8 | 0.4 | 163 | 75.2% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from the Dominican Republic in 2022:
- Haiti (272.3 tons)
- Turks and Caicos Islands (7.3 tons)
- United States (0.6 tons)
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