Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Dominican Republic - 2022

Contents:

  1. Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Dominican Republic (CIF) - 2022
  2. Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Dominican Republic

Price for Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Dominican Republic (CIF) - 2022

In 2022, the average import price for vegetables amounted to $485 per ton, shrinking by -4% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 3.6% against the previous year. Over the period under review, average import prices attained the maximum at $824 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to -5.2% per year.

Imports of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of vegetables, which increased by 10% to 922 tons in 2022. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern 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.

In value terms, imports of vegetables expanded markedly to $447K in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 6%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco3753984214476.0%
OthersN/AN/AN/AN/A0%
Total3753984214476.0%

Top Suppliers of Vegetables; Capers, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to the Dominican Republic in 2022:

  1. Morocco (921.6 tons)

Source: IndexBox Market Intelligence Platform

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