Dominican Republic: Vinegar Market 2024

Vinegar Market Size in the Dominican Republic

The Dominican vinegar market amounted to $X in 2023, remaining stable against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2023: 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 2023 figures, consumption decreased by X% against 2020 indices. Vinegar consumption peaked in 2023 and is likely to see steady growth in the immediate term.

Vinegar Production in the Dominican Republic

In value terms, vinegar production contracted to $X in 2023 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

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Vinegar Exports

Exports from the Dominican Republic

In 2023, the amount of vinegar exported from the Dominican Republic shrank to X tons, declining by X% against the year before. In general, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, vinegar exports rose rapidly to $X in 2023. Over the period under review, exports continue to indicate a noticeable setback. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Haiti (X tons) was the main destination for vinegar exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, vinegar exports to Haiti exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2023, the average annual growth rate of volume to Haiti was relatively modest.

In value terms, Haiti ($X) remains the key foreign market for vinegar exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Haiti stood at X%.

Export Prices by Country

In 2023, the average vinegar export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Haiti stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Vinegar Imports

Imports into the Dominican Republic

In 2023, purchases abroad of vinegar decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, vinegar imports rose significantly to $X in 2023. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, the United States (X tons) constituted the largest vinegar supplier to the Dominican Republic, with a X% share of total imports. Moreover, vinegar imports from the United States exceeded the figures recorded by the second-largest supplier, Panama (X tons), sixfold. Italy (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (X% per year) and Italy (X% per year).

In value terms, the United States ($X) constituted the largest supplier of vinegar to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the average vinegar import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform