Latest Report Update: Oct 5, 2021

Dominican Republic - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Dominican Republic: Crude Palm Oil Market Overview 2021

Crude Palm Oil Market Size in the Dominican Republic

In 2020, the Dominican crude palm oil market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Crude palm oil consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Crude Palm Oil Production in the Dominican Republic

In value terms, crude palm oil production soared to $X in 2020 estimated in export prices. Overall, production recorded buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Crude palm oil production peaked in 2020 and is likely to see gradual growth in years to come.

Crude Palm Oil Exports

Exports from the Dominican Republic

Crude palm oil exports from the Dominican Republic declined rapidly to X tonnes in 2020, dropping by -X% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, crude palm oil exports shrank to $X in 2020. Overall, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Haiti (X tonnes) was the main destination for crude palm oil exports from the Dominican Republic, with a X% share of total exports. Moreover, crude palm oil exports to Haiti exceeded the volume sent to the second major destination, the U.S. (X tonnes), fivefold.

From 2007 to 2020, the average annual growth rate of volume to Haiti stood at -X%.

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

From 2007 to 2020, the average annual growth rate of value to Haiti amounted to -X%.

Export Prices by Country

The average crude palm oil export price stood at $X per tonne in 2020, picking up by X% against the previous year. In general, the export price saw a slight expansion. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was Haiti ($X per tonne), while the average price for exports to the U.S. amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Haiti.

Crude Palm Oil Imports

Imports into the Dominican Republic

In 2020, supplies from abroad of crude palm oil decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. Overall, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, crude palm oil imports shrank notably to $X in 2020. Over the period under review, imports saw a slight contraction. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

Colombia (X tonnes), Guatemala (X tonnes) and Ecuador (X tonnes) were the main suppliers of crude palm oil imports to the Dominican Republic, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Ecuador, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crude palm oil suppliers to the Dominican Republic were Colombia ($X), Ecuador ($X) and Guatemala ($X), together accounting for X% of total imports.

Ecuador saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average crude palm oil import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Ecuador ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ecuador, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the world?
+
The country with the largest volume of crude palm oil consumption was Indonesia (40M tonnes), comprising approx. 48% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia (16M tonnes), twofold. The third position in this ranking was occupied by India (7M tonnes), with a 8.4% share.
What are the largest producers of crude palm oil in the world?
+
Indonesia (47M tonnes) constituted the country with the largest volume of crude palm oil production, accounting for 58% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (20M tonnes), twofold. Thailand (3.3M tonnes) ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of crude palm oil to the Dominican Republic?
+
In value terms, the largest crude palm oil suppliers to the Dominican Republic were Colombia ($2.4M), Ecuador ($1.6M) and Guatemala ($1.5M), together comprising 81% of total imports.
What are the leading importers of crude palm oil from the Dominican Republic?
+
In value terms, Haiti ($8.8K) remains the key foreign market for crude palm oil exports from the Dominican Republic, comprising 82% of total exports. The second position in the ranking was occupied by the U.S. ($1.9K), with a 18% share of total exports.
What is the average export price for crude palm oil in the Dominican Republic?
+
In 2020, the average crude palm oil export price amounted to $1,359 per tonne, rising by 11% against the previous year.
What is the average import price for crude palm oil in the Dominican Republic?
+
The average crude palm oil import price stood at $645 per tonne in 2020, increasing by 31% against the previous year.

Product coverage:
• FCL 257 - Oil of palm

This report provides an in-depth analysis of the crude palm oil 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 2025.


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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

Solar Energy Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global solar energy market.



Thursday, November 4th, 2021 @ 03:00 pm ET


Register

Wind Energy Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global wind energy market.



Thursday, November 11th, 2021 @ 04:00 pm ET


Register

Biogas Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data