Dominican Republic - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Dominican Republic - Uncooked Pasta - Market Analysis, Forecast, Size, Trends And Insights

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Uncooked Pasta Price in the Dominican Republic - 2023

Contents:

  1. Uncooked Pasta Price in the Dominican Republic (FOB) - 2023
  2. Uncooked Pasta Price in the Dominican Republic (CIF) - 2023
  3. Uncooked Pasta Exports in the Dominican Republic
  4. Uncooked Pasta Imports in the Dominican Republic

Uncooked Pasta Price in the Dominican Republic (FOB) - 2023

In March 2023, the average uncooked pasta export price amounted to $1,189 per ton, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 3.4% against the previous month. As a result, the export price attained the peak level of $1,191 per ton, leveling off in the following month.

Average prices varied somewhat for the major export markets. In March 2023, the country with the highest price was the United States ($1,337 per ton), while the average price for exports to Nicaragua ($1,050 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Uncooked Pasta Price in the Dominican Republic (CIF) - 2023

The average uncooked pasta import price stood at $1,590 per ton in March 2023, with an increase of 15% against the previous month. Overall, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in October 2022 an increase of 16% against the previous month. Over the period under review, average import prices hit record highs at $3,236 per ton in March 2022; however, from April 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 the United States ($3,156 per ton), while the price for Guatemala ($1,347 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 Turkey (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Uncooked Pasta Exports in the Dominican Republic

In 2022, exports of uncooked pasta from the Dominican Republic fell to 13K tons, with a decrease of -9.6% against 2021 figures. Overall, exports saw a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 47%.

In value terms, uncooked pasta exports contracted slightly to $12M in 2022. In general, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year.

Export of Uncooked Pasta in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti4.04.710.07.422.8%
Venezuela0.60.1N/A0.4-12.6%
United States0.10.30.30.226.0%
GuatemalaN/A0.50.1N/A-80.0%
Others25.32.51.93.8-46.8%
Total30.18.112.411.9-26.6%

Top Export Markets for Uncooked Pasta from the Dominican Republic in 2022:

  1. Haiti (8.7K tons)
  2. Venezuela (0.4K tons)
  3. United States (0.2K tons)

Uncooked Pasta Imports in the Dominican Republic

For the fourth consecutive year, the Dominican Republic recorded growth in supplies from abroad of uncooked pasta, which increased by 5% to 10K tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, uncooked pasta imports expanded rapidly to $13M in 2022. The total import value increased at an average annual rate of +14.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Uncooked Pasta in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1.12.03.33.242.8%
Italy2.62.93.02.82.5%
United States2.12.82.32.33.1%
Turkey0.61.11.31.122.4%
Costa Rica0.60.50.50.5-5.9%
Spain0.60.50.40.5-5.9%
Brazil0.10.10.30.344.2%
China0.20.20.30.314.5%
EgyptN/A0.10.2N/A100.0%
Others0.91.20.52.234.7%
Total8.811.512.113.214.5%

Top Suppliers of Uncooked Pasta to the Dominican Republic in 2022:

  1. Guatemala (3.3K tons)
  2. Italy (1.8K tons)
  3. Turkey (1.2K tons)
  4. United States (0.9K tons)
  5. Costa Rica (0.3K tons)
  6. Spain (0.3K tons)
  7. Brazil (0.2K tons)
  8. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the uncooked pasta 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:

  • Prodcom 10731130 - Uncooked pasta, containing eggs (excluding stuffed or otherwise prepared)
  • Prodcom 10731150 - Uncooked pasta (excluding containing eggs, stuffed or otherwise prepared)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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