Price for Homogenised Composite Food Preparations in the Dominican Republic - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in the Dominican Republic (CIF) - 2022
2. Price for Homogenised Composite Food Preparations in the Dominican Republic (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in the Dominican Republic
4. Exports of Homogenised Composite Food Preparations in the Dominican Republic

Price for Homogenised Composite Food Preparations in the Dominican Republic (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $2,262 per ton, with an increase of 6.6% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24%. The import price peaked at $4,288 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,429 per ton), while the price for Chile stood at $2,224 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Homogenised Composite Food Preparations in the Dominican Republic (FOB) - 2022

The average homogenised composite food preparations export price stood at $676 per ton in 2022, dropping by -12.3% against the previous year. In general, the export price saw a dramatic curtailment. The growth pace was the most rapid in 2014 an increase of 61%. The export price peaked at $8,275 per ton in 2012; however, from 2013 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.5% per year.

Imports of Homogenised Composite Food Preparations in the Dominican Republic

In 2022, imports of homogenised composite food preparationses into the Dominican Republic shrank markedly to 255 tons, which is down by -36.9% on 2021 figures. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 158% against the previous year. As a result, imports attained the peak of 404 tons, and then shrank dramatically in the following year.

In value terms, homogenised composite food preparations imports shrank significantly to $577K in 2022. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports reached the peak of $858K, and then fell remarkably in the following year.

Top Suppliers of Homogenised Composite Food Preparations to the Dominican Republic in 2022:

1. Chile (246.7 tons)
2. Spain (8.0 tons)

Exports of Homogenised Composite Food Preparations in the Dominican Republic

In 2022, approx. 45 tons of homogenised composite food preparationses were exported from the Dominican Republic; which is down by -8.4% against the previous year's figure. In general, exports continue to indicate a deep slump. The smallest decline of -5.1% was in 2020.

In value terms, homogenised composite food preparations exports declined rapidly to $30K in 2022. Overall, exports saw a sharp slump.

Top Export Markets for Homogenised Composite Food Preparations from the Dominican Republic in 2022:

1. United States (44.6 tons)