Dried Apricot Price in the Dominican Republic - 2023
Contents:
- Dried Apricot Price in the Dominican Republic (CIF) - 2022
- Dried Apricot Imports in the Dominican Republic
Dried Apricot Price in the Dominican Republic (CIF) - 2022
The average dried apricot import price stood at $9,682 per ton in 2022, jumping by 79% against the previous year. Overall, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2021 an increase of 140% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($9,720 per ton), while the price for the United States amounted to $8,512 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dried Apricot Imports in the Dominican Republic
In 2022, purchases abroad of dried apricots decreased by -60% to 1.4 tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 8.8% against the previous year. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dried apricot imports reduced remarkably to $13K in 2022. Over the period under review, imports continue to indicate a dramatic contraction. The smallest decline of -4.2% was in 2020.
| Import of Dried Apricot in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.8 | 13.1 | 11.1 | 12.9 | 18.3% |
| United States | 0.6 | 0.1 | 0.1 | 0.4 | -12.6% |
| China | 0.4 | 0.1 | 0.3 | N/A | -13.4% |
| Germany | 3.0 | 1.1 | 2.0 | N/A | -18.4% |
| Tunisia | 1.4 | N/A | N/A | N/A | 0% |
| Turkmenistan | 1.3 | 1.9 | 1.1 | N/A | -8.0% |
| Netherlands | 6.1 | 5.4 | 1.5 | N/A | -50.4% |
| Others | 16.4 | 13.7 | 2.5 | N/A | -61.0% |
| Total | 36.9 | 35.4 | 18.5 | 13.3 | -28.8% |
Top Suppliers of Dried Apricot to the Dominican Republic in 2022:
- Turkey (1327.0 kg)
- United States (43.0 kg)
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