Dominican Republic - Yoghurt - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Yoghurt and Fermented Milk in the Dominican Republic - 2023
Contents:
- Price for Yoghurt and Fermented Milk in the Dominican Republic (CIF) - 2023
- Price for Yoghurt and Fermented Milk in the Dominican Republic (FOB) - 2022
- Imports of Yoghurt and Fermented Milk in the Dominican Republic
- Exports of Yoghurt and Fermented Milk in the Dominican Republic
Price for Yoghurt and Fermented Milk in the Dominican Republic (CIF) - 2023
In March 2023, the average yoghurt and fermented milk import price amounted to $5,140 per ton, with an increase of 27% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($5,431 per ton), while the price for Spain ($3,134 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 the United States (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yoghurt and Fermented Milk in the Dominican Republic (FOB) - 2022
The average yoghurt and fermented milk export price stood at $4,208 per ton in 2022, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2013 an increase of 27%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 UK amounted to +12.8% per year.
Imports of Yoghurt and Fermented Milk in the Dominican Republic
For the third year in a row, the Dominican Republic recorded decline in purchases abroad of yoghurt and fermented milk, which decreased by -85.2% to 100 tons in 2022. In general, imports faced a precipitous decline. The smallest decline of -16.6% was in 2020.
In value terms, yoghurt and fermented milk imports shrank remarkably to $410K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The smallest decline of -10.5% was in 2021.
| Import of Yoghurt and Fermented Milk in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,168 | 1,831 | 1,604 | 406 | -42.8% |
| Costa Rica | 58.1 | 35.1 | 32.9 | 4.2 | -58.3% |
| Spain | 74.7 | 71.6 | 62.8 | N/A | -8.3% |
| New Zealand | 58.2 | 60.0 | 50.9 | N/A | -6.5% |
| Germany | 112 | 41.3 | 34.4 | N/A | -44.6% |
| France | 235 | 253 | 255 | N/A | 4.2% |
| Brazil | 526 | 447 | 399 | N/A | -12.9% |
| Others | 8.8 | 12.0 | 23.1 | N/A | 62.0% |
| Total | 3,240 | 2,752 | 2,463 | 410 | -49.8% |
Top Suppliers of Yoghurt and Fermented Milk to the Dominican Republic in 2022:
- United States (98.8 tons)
- Costa Rica (1.2 tons)
Exports of Yoghurt and Fermented Milk in the Dominican Republic
Yoghurt and fermented milk exports from the Dominican Republic contracted rapidly to 72 kg in 2022, which is down by -99.9% compared with 2021. Over the period under review, exports faced a significant contraction. The smallest decline of -21.1% was in 2020.
In value terms, yoghurt and fermented milk exports fell significantly to $303 in 2022. Overall, exports showed a sharp shrinkage. The smallest decline of -26.4% was in 2020.
| Export of Yoghurt and Fermented Milk in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 436 | 441 | 211 | 0.3 | -91.2% |
| Spain | 49.4 | 13.7 | 23.5 | N/A | -31.0% |
| Haiti | 15.6 | 12.5 | 5.9 | N/A | -38.5% |
| United Kingdom | 143 | 23.0 | 80.5 | N/A | -25.0% |
| France | 56.2 | 24.7 | 2.5 | N/A | -78.9% |
| Others | 56.1 | 40.7 | 75.9 | N/A | 16.3% |
| Total | 755 | 556 | 399 | 0.3 | -92.6% |
Top Export Markets for Yoghurt and Fermented Milk from the Dominican Republic in 2022:
- United States (72.0 kg)
This report provides an in-depth analysis of the market for yoghurt and fermented milk 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 891 - Yoghurt
- FCL 892 - Yoghurt, Concentrated or Unconcent
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the market for yoghurt and fermented milk in the Dominican Republic.
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This report provides an in-depth analysis of the market for yoghurt and fermented milk in the Dominican Republic.
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Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
708
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
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Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
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Discover the top import markets for yoghurt, including the United Kingdom, Italy, Spain, Netherlands, and Belgium. Explore key statistics and data from the IndexBox market intelligence platform.
708
The global yoghurt imports dropped by -7.2% y-o-y to $2.4B in 2020. The UK remains the leading yoghurt importer worldwide. Last year, the UK emerged as the fastest-growing country in terms of yoghurt imports. In 2020, France, Germany and Belgium were the prime suppliers of yoghurt to the UK, providing 80% of the total import volume.
1369
Germany dominates in the global yoghurt trade. In 2014, Germany exported X thousand tons of yoghurt totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total yoghurt exports in v
