Latest Report Update: Dec 26, 2019

Dominican Republic - Cassava - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Cassava Market Overview 2020

Cassava Market Size in the Dominican Republic

The revenue of the cassava market in the Dominican Republic amounted to $X in 2018, going down by -X% against the previous year. Over the period under review, the total market indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cassava consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Cassava consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Cassava Production in the Dominican Republic

In value terms, cassava production totaled $X in 2018 estimated in export prices. In general, cassava production continues to indicate a prominent increase. The growth pace was the most rapid in 2017 when production volume increased by X% y-o-y. Cassava production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Average yield of cassava in the Dominican Republic stood at X tonne per ha in 2018, stabilizing at the previous year. Overall, the cassava yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when yield increased by X% year-to-year. Cassava yield peaked at X tonne per ha in 2011; however, from 2012 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of cassava were harvested in the Dominican Republic; picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to cassava production attained its maximum in 2018 and is expected to retain its growth in the immediate term.

Cassava Exports

Exports from the Dominican Republic

In 2018, the cassava exports from the Dominican Republic amounted to X tonnes, dropping by -X% against the previous year. In general, cassava exports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. In that year, cassava exports attained their peak of X tonnes. From 2015 to 2018, the growth of cassava exports failed to regain its momentum.

In value terms, cassava exports amounted to $X in 2018. In general, cassava exports continue to indicate a perceptible descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, cassava exports reached their peak figure at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for cassava exports from the Dominican Republic, with a X% share of total exports. Moreover, cassava exports to the U.S. exceeded the volume sent to the second major destination, France (X tonnes), fourfold. The third position in this ranking was occupied by Panama (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Panama (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for cassava exports from the Dominican Republic, comprising X% of total cassava exports. The second position in the ranking was occupied by Panama ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+X% per year) and France (+X% per year).

Export Prices by Country

The average cassava export price stood at $X per tonne in 2018, dropping by -X% against the previous year. Overall, the cassava export price, however, continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average export prices for cassava reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Panama ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Cassava Imports

Imports into the Dominican Republic

In 2018, approx. X kg of cassava were imported into the Dominican Republic; shrinking by -X% against the previous year. Over the period under review, cassava imports continue to indicate a dramatic reduction. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, cassava imports stood at $X in 2018. In general, cassava imports continue to indicate a precipitous drop. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Indonesia (X kg) constituted the largest cassava supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, cassava imports from Indonesia exceeded the figures recorded by the second-largest supplier, the U.S. (X kg), twofold.

From 2007 to 2018, the average annual rate of growth in terms of volume from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Costa Rica (-X% per year).

In value terms, Indonesia ($X) constituted the largest supplier of cassava to the Dominican Republic, comprising X% of total cassava imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from Indonesia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

The average cassava import price stood at $X per tonne in 2018, going up by X% against the previous year. Overall, the cassava import price continues to indicate a resilient increase. The growth pace was the most rapid in 2014 when the average import price increased by X% year-to-year. The import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Indonesia ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Costa Rica, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 125 - Cassava

This report provides an in-depth analysis of the cassava 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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