Dominican Republic - Roasted Coffee (Not Decaffeinated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Decaffeinated Roasted Coffee in the Dominican Republic - 2023
Contents:
- Price for Non-Decaffeinated Roasted Coffee in the Dominican Republic (FOB) - 2023
- Price for Non-Decaffeinated Roasted Coffee in the Dominican Republic (CIF) - 2023
- Exports of Non-Decaffeinated Roasted Coffee in the Dominican Republic
- Imports of Non-Decaffeinated Roasted Coffee in the Dominican Republic
Price for Non-Decaffeinated Roasted Coffee in the Dominican Republic (FOB) - 2023
The average non-decaffeinated roasted coffee export price stood at $5,730 per ton in March 2023, shrinking by -42.1% against the previous month. In general, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 21% m-o-m. The export price peaked at $11,121 per ton in November 2022; however, from December 2022 to March 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2023, the country with the highest price was France ($10,542 per ton), while the average price for exports to the United States ($5,419 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Decaffeinated Roasted Coffee in the Dominican Republic (CIF) - 2023
The average non-decaffeinated roasted coffee import price stood at $6,487 per ton in March 2023, waning by -26.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 66% against the previous month. The import price peaked at $13,637 per ton in August 2022; however, from September 2022 to March 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the UK ($12,426 per ton), while the price for El Salvador ($4,424 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 El Salvador (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Decaffeinated Roasted Coffee in the Dominican Republic
In 2022, approx. 818 tons of roasted coffee (not decaffeinated) were exported from the Dominican Republic; waning by -51.4% on the previous year. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 89% against the previous year.
In value terms, non-decaffeinated roasted coffee exports fell rapidly to $4.7M in 2022. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 86%. As a result, the exports reached the peak of $8.7M, and then contracted significantly in the following year.
Export of Non-Decaffeinated Roasted Coffee in the Dominican Republic (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,466 | 2,761 | 5,400 | 2,730 | -7.6% |
France | 473 | 434 | 538 | 514 | 2.8% |
Aruba | 281 | 343 | 309 | 295 | 1.6% |
Curacao | 137 | 176 | 235 | 233 | 19.4% |
Canada | 684 | N/A | 76.0 | 153 | -39.3% |
Turks and Caicos Islands | 22.2 | 13.9 | 13.2 | 44.6 | 26.2% |
Haiti | 1,579 | 328 | 0.4 | N/A | -98.4% |
Others | 674 | 602 | 2,084 | 724 | 2.4% |
Total | 7,317 | 4,657 | 8,656 | 4,694 | -13.8% |
Top Export Markets for Non-Decaffeinated Roasted Coffee from the Dominican Republic in 2022:
- United States (589.4 tons)
- France (49.8 tons)
- Aruba (31.9 tons)
- Curacao (25.1 tons)
- Turks and Caicos Islands (22.4 tons)
- Canada (17.2 tons)
Imports of Non-Decaffeinated Roasted Coffee in the Dominican Republic
Non-decaffeinated roasted coffee imports into the Dominican Republic surged to 474 tons in 2022, increasing by 97% against 2021 figures. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-decaffeinated roasted coffee imports skyrocketed to $3.9M in 2022. Overall, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Decaffeinated Roasted Coffee in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | N/A | N/A | 140 | 951 | 579.3% |
United States | 862 | 862 | 647 | 939 | 2.9% |
Italy | 672 | 250 | 766 | 832 | 7.4% |
Switzerland | 430 | 366 | 430 | 712 | 18.3% |
Spain | 96.9 | 23.0 | 88.1 | 176 | 22.0% |
United Kingdom | N/A | 13.9 | 113 | 68.7 | 122.3% |
Colombia | 74.2 | 62.9 | 57.2 | 64.2 | -4.7% |
Others | 173 | 89.7 | 96.5 | 123 | -10.7% |
Total | 2,309 | 1,668 | 2,339 | 3,866 | 18.7% |
Top Suppliers of Non-Decaffeinated Roasted Coffee to the Dominican Republic in 2022:
- El Salvador (245.0 tons)
- Italy (94.2 tons)
- United States (84.2 tons)
- Switzerland (13.7 tons)
- Spain (12.0 tons)
- Colombia (8.8 tons)
- United Kingdom (7.2 tons)
This report provides an in-depth analysis of the non-decaffeinated roasted coffee 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 10831150 - Roasted coffee, not decaffeinated
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
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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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Coffee prices remain highly volatile. In 2022, the average annual price for Arabica is forecast to decline thanks to expected production growth, while Robusta price will go up on skyrocketed demand from consumers, preferring cheaper alternatives to more expensive counterparts.
Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
Coffee yield figures remained robust in 2020 and coffee bean exports increased, despite the disruption to supply chains caused by the Coronavirus restrictions. Home coffee consumption surged, thereby helping to offset the slump in sales following the closure of the HoReCa segment. Average coffee prices remained growing gradually through to Q1 2021.