Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic (FOB) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic (CIF) - 2022
3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic
4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic (FOB) - 2022

The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,788 per ton in 2022, reducing by -49.7% against the previous year. Overall, the export price, however, showed a temperate increase. The pace of growth was the most pronounced in 2014 an increase of 233%. Over the period under review, the average export prices hit record highs at $8,650 per ton in 2015; however, from 2016 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 Haiti ($3,994 per ton), while the average price for exports to the United States ($886 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (-7.6%), while the prices for the other major destinations experienced a decline.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $2,326 per ton, with an increase of 34% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 France ($4,031 per ton), while the price for China ($1,662 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+88.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses exported from the Dominican Republic surged to 26 tons, increasing by 1,030% on the year before. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 7,982% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $46K in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 8,276% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from the Dominican Republic in 2022:

1. Aruba (10.8 tons)
2. France (9.2 tons)
3. United States (3.9 tons)
4. Haiti (0.9 tons)
5. Curacao (0.6 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in the Dominican Republic

In 2022, approx. 12 tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were imported into the Dominican Republic; jumping by 127% on the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses soared to $29K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to the Dominican Republic in 2022:

1. United States (10.4 tons)
2. Peru (1.4 tons)
3. France (0.3 tons)
4. China (0.3 tons)

Source: IndexBox Market Intelligence Platform