Dominican Republic: Root And Tuber Market 2024

Root And Tuber Market Size in the Dominican Republic

The Dominican root and tuber market contracted slightly to $X in 2022, falling by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Root And Tuber Production in the Dominican Republic

In value terms, root and tuber production fell to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of roots and tubers in the Dominican Republic reduced slightly to X tons per ha in 2022, flattening at 2021. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The root and tuber yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of roots and tubers production in the Dominican Republic shrank to X ha, leveling off at the previous year's figure. Overall, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to root and tuber production attained the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Root And Tuber Exports

Exports from the Dominican Republic

In 2022, overseas shipments of roots and tubers increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, root and tuber exports surged to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for root and tuber exports from the Dominican Republic, with a X% share of total exports. Moreover, root and tuber exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold. The third position in this ranking was taken by Aruba (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Aruba (X% per year).

In value terms, the United States ($X) remains the key foreign market for roots and tubers exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Aruba, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Aruba (X% per year).

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Aruba ($X per ton), while the average price for exports to Haiti ($X 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 Aruba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into the Dominican Republic

In 2022, approx. X tons of roots and tubers were imported into the Dominican Republic; growing by X% against the previous year's figure. Overall, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, root and tuber imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest root and tuber supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, root and tuber imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) constituted the largest supplier of roots and tubers to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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