Dominican Republic - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStrawberry Price in the Dominican Republic - 2023
Contents:
- Strawberry Price in the Dominican Republic (CIF) - 2022
- Strawberry Price in the Dominican Republic (FOB) - 2022
- Strawberry Imports in the Dominican Republic
- Strawberry Exports in the Dominican Republic
Strawberry Price in the Dominican Republic (CIF) - 2022
The average strawberry import price stood at $11,440 per ton in 2022, surging by 18% against the previous year. In general, the import price saw a strong increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($12,213 per ton), while the price for the United States totaled $11,428 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.0%).
Strawberry Price in the Dominican Republic (FOB) - 2022
In 2022, the average strawberry export price amounted to $9,205 per ton, increasing by 219% against the previous year. In general, the export price continues to indicate perceptible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($10,451 per ton), while the average price for exports to the United States ($2,167 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 France (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Strawberry Imports in the Dominican Republic
In 2022, overseas purchases of strawberries decreased by -24.9% to 38 tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports attained the peak of 65 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, strawberry imports shrank to $435K in 2022. Overall, total imports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. As a result, imports reached the peak of $621K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Strawberry in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 415 | 614 | 478 | 427 | 1.0% |
| Thailand | N/A | 3.4 | 10.3 | 7.3 | 46.5% |
| Others | 2.3 | 4.0 | 1.1 | 0.1 | -64.8% |
| Total | 417 | 621 | 489 | 435 | 1.4% |
Top Suppliers of Strawberry to the Dominican Republic in 2022:
- United States (37.4 tons)
- Thailand (0.6 tons)
Strawberry Exports in the Dominican Republic
In 2022, shipments abroad of strawberries decreased by -57.1% to 303 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 when exports increased by 69% against the previous year. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, strawberry exports skyrocketed to $2.8K in 2022. Overall, exports recorded a sharp slump.
| Export of Strawberry in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | N/A | N/A | N/A | 2.7 | 0% |
| France | 0.1 | N/A | N/A | 0.1 | 0.0% |
| United States | 0.4 | 2.2 | 1.8 | N/A | 112.1% |
| Curacao | N/A | 1.5 | N/A | N/A | 0% |
| Jamaica | 7.1 | 5.4 | N/A | N/A | -23.9% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 7.5 | 9.0 | 2.0 | 2.8 | -28.0% |
Top Export Markets for Strawberry from the Dominican Republic in 2022:
- Aruba (257.0 kg)
- France (34.0 kg)
- United States (12.0 kg)
This report provides an in-depth analysis of the strawberry 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:
- FCL 544 - Strawberries
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
-
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, HARVESTED AREA 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
- Area Harvested, 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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