Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic (CIF) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic (FOB) - 2022
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,734 per ton, picking up by 3.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 24% m-o-m. The import price peaked at $2,176 per ton in November 2022; however, from December 2022 to March 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($10,935 per ton), while the price for Belgium ($1,406 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 China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic (FOB) - 2022
In 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,079 per ton, declining by -10% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 60% against the previous year. As a result, the export price attained the peak level of $1,472 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($2,098 per ton), while the average price for exports to Canada ($327 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 Costa Rica (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic
Imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen into the Dominican Republic surged to 3.6K tons in 2022, picking up by 16% compared with the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23%.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen surged to $6.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,701 | 1,776 | 3,017 | 4,014 | 33.1% |
| China | 521 | 279 | 421 | 702 | 10.5% |
| Spain | 392 | 188 | 575 | 687 | 20.6% |
| Belgium | 542 | 299 | 455 | 584 | 2.5% |
| Canada | 984 | 1,120 | 5.5 | 255 | -36.2% |
| Others | 364 | 288 | 42.3 | 76.6 | -40.5% |
| Total | 4,503 | 3,951 | 4,515 | 6,319 | 12.0% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to the Dominican Republic in 2022:
- United States (2221.3 tons)
- Belgium (508.9 tons)
- Spain (443.0 tons)
- China (233.5 tons)
- Canada (176.1 tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic
After three years of growth, shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -96.3% to 149 tons in 2022. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 164% against the previous year. As a result, the exports attained the peak of 4.1K tons, and then shrank rapidly in the following year.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen shrank dramatically to $161K in 2022. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 277%.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 148 | 167 | 129 | 100 | -12.3% |
| Costa Rica | N/A | N/A | N/A | 38.0 | 0% |
| Haiti | 195 | 1,994 | 4,676 | 5.3 | -69.9% |
| Canada | 9.4 | 5.2 | 9.7 | 2.7 | -34.0% |
| Curacao | 0.6 | N/A | 0.1 | 2.0 | 49.4% |
| Belgium | 143 | 57.4 | 0.9 | N/A | -92.1% |
| Others | 104 | 43.7 | 63.7 | 13.3 | -49.6% |
| Total | 601 | 2,267 | 4,879 | 161 | -35.5% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from the Dominican Republic in 2022:
- United States (105.6 tons)
- Costa Rica (22.7 tons)
- Canada (8.2 tons)
- Curacao (4.3 tons)
- Haiti (2.5 tons)
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