Report Update Apr 1, 2024

Dominican Republic - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Wheat Starch Market 2024

Wheat Starch Market Size in the Dominican Republic

The Dominican wheat starch market amounted to $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate prominent growth. Wheat starch consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wheat Starch Production in the Dominican Republic

In value terms, wheat starch production rose to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Wheat starch production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Wheat Starch Exports

Exports from the Dominican Republic

In 2022, wheat starch exports from the Dominican Republic surged to X tons, with an increase of X% on the previous year. Overall, exports, however, showed a mild descent. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, wheat starch exports skyrocketed to $X in 2022. In general, exports continue to indicate measured growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

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

From 2014 to 2022, the average annual growth rate of volume to Haiti totaled X%.

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

From 2014 to 2022, the average annual growth rate of value to Haiti totaled X%.

Export Prices by Country

In 2022, the average wheat starch export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($X per ton), while the average price for exports to Anguilla amounted to $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Wheat Starch Imports

Imports into the Dominican Republic

After two years of growth, overseas purchases of wheat starch decreased by X% to X tons in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, wheat starch imports surged to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Mexico (X tons) was the main supplier of wheat starch to the Dominican Republic, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to X%.

In value terms, Mexico ($X) constituted the largest supplier of wheat starch to the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled X%.

Import Prices by Country

In 2022, the average wheat starch import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat starch in the world?

China remains the largest wheat starch consuming country worldwide, accounting for 16% of total volume. Moreover, wheat starch consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Pakistan ranked third in terms of total consumption with a 4.1% share.

What are the largest producers of wheat starch in the world?

China remains the largest wheat starch producing country worldwide, accounting for 16% of total volume. Moreover, wheat starch production in China exceeded the figures recorded by the second-largest producer, India, threefold. Pakistan ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of wheat starch to the Dominican Republic?

In value terms, Mexico constituted the largest supplier of wheat starch to the Dominican Republic.

What are the leading importers of wheat starch from the Dominican Republic?

In value terms, Haiti remains the key foreign market for wheat starch exports from the Dominican Republic, comprising 88% of total exports. The second position in the ranking was held by Anguilla $152), with a 5.8% share of total exports.

What is the average export price for wheat starch in the Dominican Republic?

The average wheat starch export price stood at $1,845 per ton in 2022, shrinking by -15.1% against the previous year.

What is the average import price for wheat starch in the Dominican Republic?

The average wheat starch import price stood at $4,270 per ton in 2022, picking up by 131% against the previous year.

This report provides an in-depth analysis of the wheat starch 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 10621111 - Wheat starch

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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