Dominican Republic - Concentrated Lemon And Other Citrus Fruit Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic - 2023
Contents:
- Price for Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic (CIF) - 2023
- Price for Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic (FOB) - 2022
- Imports of Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic
- Exports of Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic
Price for Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for concentrated lemon and other citrus fruit juice amounted to $3,309 per ton, declining by -58.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 154% against the previous month. As a result, import price reached the peak level of $7,957 per ton, and then fell rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5,366 per ton), while the price for the United States ($273 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 Spain (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic (FOB) - 2022
In 2022, the average export price for concentrated lemon and other citrus fruit juice amounted to $786 per ton, surging by 2.8% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.2%. As a result, the export price attained the peak level of $1,325 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($1,548 per ton), while the average price for exports to the United States ($772 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 Haiti (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic
In 2022, approx. 501 tons of concentrated lemon and other citrus fruit juice were imported into the Dominican Republic; surging by 58% on 2021. Overall, imports saw a relatively flat trend pattern.
In value terms, imports of concentrated lemon and other citrus fruit juice surged to $1.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 190 | 136 | 360 | 37.6% |
| Mexico | 121 | 134 | 230 | 267 | 30.2% |
| Argentina | 527 | 655 | 243 | 250 | -22.0% |
| Ecuador | N/A | N/A | N/A | 187 | 0% |
| Peru | 105 | 216 | 159 | 186 | 21.0% |
| Spain | 25.1 | 41.4 | 49.1 | 131 | 73.5% |
| Chile | 73.5 | N/A | N/A | N/A | 0% |
| Vietnam | 220 | 29.6 | N/A | N/A | -86.5% |
| Others | 4.9 | 14.4 | 8.0 | 6.3 | 8.7% |
| Total | 1,076 | 1,280 | 826 | 1,387 | 8.8% |
Top Suppliers of Concentrated Lemon and Other Citrus Fruit Juice to the Dominican Republic in 2022:
- Brazil (143.8 tons)
- Mexico (141.2 tons)
- Argentina (85.1 tons)
- Peru (58.2 tons)
- Spain (50.0 tons)
- Ecuador (20.0 tons)
Exports of Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic
In 2022, exports of concentrated lemon and other citrus fruit juice from the Dominican Republic skyrocketed to 247 tons, with an increase of 29% against the year before. In general, exports saw a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of concentrated lemon and other citrus fruit juice soared to $195K in 2022. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Concentrated Lemon and Other Citrus Fruit Juice in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 84.4 | 66.5 | 133 | 184 | 29.7% |
| France | 0.7 | N/A | N/A | 4.0 | 78.8% |
| South Korea | 51.9 | 2.7 | 12.5 | N/A | -50.9% |
| Others | 4.6 | 3.4 | 1.4 | 6.8 | 13.9% |
| Total | 142 | 72.6 | 147 | 195 | 11.2% |
Top Export Markets for Concentrated Lemon and Other Citrus Fruit Juice from the Dominican Republic in 2022:
- United States (237.9 tons)
- France (4.6 tons)
This report provides an in-depth analysis of the market for concentrated lemon and other citrus fruit juice 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:
- FCL 499 - Lemon Juice, Concentrated
- FCL 514 - Citrus Juice, Concentrated nes
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
-
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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