Dominican Republic - Oats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOat Price in the Dominican Republic - 2023
Contents:
- Oat Price in the Dominican Republic (CIF) - 2023
- Oat Price in the Dominican Republic (FOB) - 2022
- Oat Imports in the Dominican Republic
- Oat Exports in the Dominican Republic
Oat Price in the Dominican Republic (CIF) - 2023
In March 2023, the average oat import price amounted to $787 per ton, with a decrease of -10.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 19% month-to-month. Over the period under review, average import prices reached the peak figure at $1,089 per ton in November 2022; however, from December 2022 to March 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was Chile ($788 per ton), while the price for Argentina amounted to $735 per ton.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Argentina (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Oat Price in the Dominican Republic (FOB) - 2022
The average oat export price stood at $986 per ton in 2022, shrinking by -37.4% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 72%. The export price peaked at $2,257 per ton in 2016; however, from 2017 to 2022, the export prices stood 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 ($5,294 per ton), while the average price for exports to Haiti stood at $981 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.1%).
Oat Imports in the Dominican Republic
In 2022, purchases abroad of oats decreased by -10.2% to 10K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, oat imports soared to $9.1M in 2022. The total import value increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Oat in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 6.1 | 7.9 | 7.5 | 8.8 | 13.0% |
| Canada | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Total | 6.3 | 8.1 | 7.8 | 9.1 | 13.0% |
Top Suppliers of Oat to the Dominican Republic in 2022:
- Chile (9.7K tons)
- Canada (0.3K tons)
Oat Exports in the Dominican Republic
After two years of decline, shipments abroad of oats increased by 27% to 66 tons in 2022. Overall, exports, however, faced a precipitous setback.
In value terms, oat exports shrank notably to $65K in 2022. In general, exports, however, showed a precipitous descent.
| Export of Oat in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 389 | 37.7 | 69.9 | 64.0 | -45.2% |
| United States | 0.1 | 67.6 | 8.3 | 0.1 | 0.0% |
| Others | 0.8 | 5.0 | 3.2 | 0.6 | -9.1% |
| Total | 390 | 110 | 81.4 | 64.7 | -45.1% |
Top Export Markets for Oat from the Dominican Republic in 2022:
- United States (undefined tons)
- Haiti (65.2 tons)
This report provides an in-depth analysis of the oat 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:
- FCL 75 - Oats
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The oat market indicated steady growth in 2020. The production and export of oats increased against heightened demand, not only from livestock farmers and producers of animal feed but also from a nascent trend emerging in the food sector: the use of oats as an ingredient in the manufacture of healthy food products.
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