Dominican Republic - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Price in the Dominican Republic - 2023
Contents:
- Tomato Price in the Dominican Republic (FOB) - 2023
- Tomato Price in the Dominican Republic (CIF) - 2023
- Tomato Exports in the Dominican Republic
- Tomato Imports in the Dominican Republic
Tomato Price in the Dominican Republic (FOB) - 2023
The average tomato export price stood at $1,777 per ton in March 2023, which is down by -3.5% against the previous month. Overall, the export price recorded a deep slump. As a result, the export price attained the peak level of $2,047 per ton. From February 2023 to March 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2023, the country with the highest price was the United States ($1,938 per ton), while the average price for exports to Curacao ($831 per ton) was amongst the lowest.
From January 2023 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (0.0%), while the prices for the other major destinations experienced a decline.
Tomato Price in the Dominican Republic (CIF) - 2023
The average tomato import price stood at $820 per ton in March 2023, surging by 2.2% against the previous month. Over the period from January 2023 to March 2023, it increased at an average monthly rate of +7.9%. The most prominent rate of growth was recorded in February 2023 an increase of 14% against the previous month. The import price peaked in March 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From January 2023 to March 2023, the rate of growth in terms of prices for the United States amounted to -9.9% per month.
Tomato Exports in the Dominican Republic
In 2022, shipments abroad of tomatoes decreased by -25.6% to 12K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 7.9%. As a result, the exports attained the peak of 16K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tomato exports totaled $26M in 2022. The total export value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Tomato in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.7 | 18.8 | 22.6 | 22.5 | 15.2% |
| France | 1.9 | 2.0 | 1.9 | 1.9 | 0.0% |
| Curacao | 0.2 | 0.6 | 0.6 | 0.6 | 44.2% |
| Haiti | 1.2 | 0.3 | N/A | 0.5 | -25.3% |
| Others | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| Total | 18.2 | 21.8 | 25.4 | 25.6 | 12.0% |
Top Export Markets for Tomato from the Dominican Republic in 2022:
- United States (8.8K tons)
- France (1.4K tons)
- Haiti (1.1K tons)
- Curacao (0.5K tons)
Tomato Imports in the Dominican Republic
In 2022, purchases abroad of tomatoes increased by 56% to 30 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a mild curtailment.
In value terms, tomato imports rose rapidly to $45K in 2022. Over the period under review, imports, however, showed a mild slump.
| Import of Tomato in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.0 | 37.5 | 31.9 | 40.4 | 65.0% |
| Italy | 0.7 | 5.6 | 8.0 | 4.4 | 84.6% |
| Others | 36.7 | N/A | N/A | N/A | 0% |
| Total | 46.3 | 43.1 | 39.9 | 44.9 | -1.0% |
Top Suppliers of Tomato to the Dominican Republic in 2022:
- United States (23.2 tons)
- Italy (6.3 tons)
This report provides an in-depth analysis of the tomato 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 388 - Tomatoes, fresh
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, 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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This report provides an in-depth analysis of the tomato market in the Dominican Republic.
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This report provides an in-depth analysis of the global tomato market.
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This report provides an in-depth analysis of the tomato market in the Dominican Republic.
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This report provides an in-depth analysis of the global tomato market.
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In 2015, the country with the largest volume of the tomato output was China (X thousand tons), accounting for X% of global production.
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