Dominican Republic - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Juice Price in the Dominican Republic - 2023
Contents:
- Tomato Juice Price in the Dominican Republic (CIF) - 2023
- Tomato Juice Price in the Dominican Republic (FOB) - 2022
- Tomato Juice Imports in the Dominican Republic
- Tomato Juice Exports in the Dominican Republic
Tomato Juice Price in the Dominican Republic (CIF) - 2023
The average tomato juice import price stood at $1,370 per ton in March 2023, rising by 7.8% against the previous month. Over the period under review, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in June 2022 an increase of 189% against the previous month. Over the period under review, average import prices attained the peak figure at $2,787 per ton in December 2022; however, from January 2023 to March 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to -4.4% per month.
Tomato Juice Price in the Dominican Republic (FOB) - 2022
In 2022, the average tomato juice export price amounted to $2,774 per ton, surging by 165% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 237%. The export price peaked at $2,877 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 France ($4,880 per ton), while the average price for exports to Haiti ($715 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 (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.
Tomato Juice Imports in the Dominican Republic
In 2022, after three years of growth, there was significant decline in supplies from abroad of tomato juice, when their volume decreased by -13.7% to 660 tons. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 257% against the previous year. As a result, imports reached the peak of 764 tons, and then declined in the following year.
In value terms, tomato juice imports dropped remarkably to $1.1M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 261% against the previous year. As a result, imports attained the peak of $1.4M, and then declined markedly in the following year.
| Import of Tomato Juice in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 114 | 380 | 1,373 | 1,120 | 114.2% |
| Others | 9.0 | 0.5 | N/A | 0.3 | -67.8% |
| Total | 123 | 381 | 1,373 | 1,120 | 108.8% |
Top Suppliers of Tomato Juice to the Dominican Republic in 2022:
- United States (659.7 tons)
Tomato Juice Exports in the Dominican Republic
In 2022, approx. 6.4 tons of tomato juice were exported from the Dominican Republic; with a decrease of -77.5% on the previous year's figure. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 33%.
In value terms, tomato juice exports declined sharply to $18K in 2022. Over the period under review, exports saw a precipitous curtailment. The smallest decline of -24.6% was in 2021.
| Export of Tomato Juice in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.2 | 4.8 | 4.4 | 10.8 | 70.0% |
| Turks and Caicos Islands | N/A | N/A | 0.1 | 3.6 | 3500.0% |
| Switzerland | 1.1 | 0.2 | N/A | 1.0 | -3.1% |
| Germany | N/A | N/A | 0.5 | 0.7 | 40.0% |
| United States | 0.8 | 1.7 | 6.2 | 0.4 | -20.6% |
| Haiti | 157 | 16.3 | N/A | 0.4 | -86.3% |
| Chile | 2.4 | N/A | 18.3 | N/A | 176.1% |
| Jamaica | N/A | 16.6 | N/A | N/A | 0% |
| Others | 2.0 | N/A | 0.3 | 0.9 | -23.4% |
| Total | 165 | 39.6 | 29.9 | 17.8 | -52.4% |
Top Export Markets for Tomato Juice from the Dominican Republic in 2022:
- Turks and Caicos Islands (2690.0 kg)
- France (2216.0 kg)
- Haiti (545.0 kg)
- Switzerland (356.0 kg)
- United States (209.0 kg)
- Germany (192.0 kg)
This report provides an in-depth analysis of the tomato juice 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 390 - Juice of Tomatoes
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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