Price for Flour, Meal, and Flakes of Potatoes in the Dominican Republic - 2023
Contents:
- Price for Flour, Meal, and Flakes of Potatoes in the Dominican Republic (CIF) - 2022
- Price for Flour, Meal, and Flakes of Potatoes in the Dominican Republic (FOB) - 2022
- Imports of Flour, Meal, and Flakes of Potatoes in the Dominican Republic
- Exports of Flour, Meal, and Flakes of Potatoes in the Dominican Republic
Price for Flour, Meal, and Flakes of Potatoes in the Dominican Republic (CIF) - 2022
In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $2,161 per ton, surging by 2% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour, meal, and flakes of potatoeses increased by +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure at $2,333 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($3,135 per ton), while the price for Italy ($832 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 (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flour, Meal, and Flakes of Potatoes in the Dominican Republic (FOB) - 2022
In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $3,333 per ton, which is down by -4.8% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 778%. As a result, the export price attained the peak level of $158,755 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2013 to 2022, the rate of growth in terms of prices for Aruba amounted to +200.3% per year.
Imports of Flour, Meal, and Flakes of Potatoes in the Dominican Republic
In 2022, imports of flour, meal, and flakes of potatoeses into the Dominican Republic fell dramatically to 69 tons, shrinking by -16.2% compared with 2021 figures. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year.
In value terms, imports of flour, meal, and flakes of potatoeses contracted to $148K in 2022. Overall, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year.
| Import of Flour, Meal, and Flakes of Potatoes in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 77.3 | 46.5 | 91.1 | 57.8 | -9.2% |
| United States | 2.2 | 15.7 | 2.7 | 31.1 | 141.8% |
| Belgium | 114 | 21.5 | 31.1 | 28.8 | -36.8% |
| Spain | 22.9 | 5.6 | 7.0 | 13.7 | -15.7% |
| Canada | 12.7 | 10.8 | 18.4 | 9.1 | -10.5% |
| Italy | 1.2 | 0.9 | 0.9 | 5.0 | 60.9% |
| China | 0.1 | 0.3 | 0.2 | 2.0 | 171.4% |
| India | 8.1 | 5.4 | 14.1 | N/A | 31.9% |
| Others | 4.2 | 3.8 | 7.7 | 0.7 | -45.0% |
| Total | 242 | 110 | 173 | 148 | -15.1% |
Top Suppliers of Flour, Meal, and Flakes of Potatoes to the Dominican Republic in 2022:
- Netherlands (27.4 tons)
- United States (11.9 tons)
- Belgium (11.6 tons)
- Spain (7.5 tons)
- Italy (6.0 tons)
- Canada (2.9 tons)
- China (1.1 tons)
Exports of Flour, Meal, and Flakes of Potatoes in the Dominican Republic
In 2022, approx. 3 kg of flour, meal, and flakes of potatoeses were exported from the Dominican Republic; declining by -50% compared with 2021 figures. Overall, exports showed a sharp contraction.
In value terms, exports of flour, meal, and flakes of potatoeses contracted sharply to $10 in 2022. Over the period under review, exports continue to indicate a sharp reduction.
| Export of Flour, Meal, and Flakes of Potatoes in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Canada | N/A | 10.0 | 0% | ||
| Chile | 8.0 | N/A | 0% | ||
| United States | 2.0 | N/A | 0% | ||
| Honduras | 11.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 21.0 | 10.0 | -52.4% | ||
Top Export Markets for Flour, Meal, and Flakes of Potatoes from the Dominican Republic in 2022:
- Canada (3.0 kg)
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Global Dried Potato Flour Market Report 2018. This report provides an in-depth analysis of the global dried potato flour market.
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Global Dried Potato Flour Market Report 2018. This report provides an in-depth analysis of the global dried potato flour market.
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