Dominican Republic: Apple Juice Market 2024

Apple Juice Market Size in the Dominican Republic

In 2021, the Dominican apple juice market decreased by -10.3% to $X, falling for the third consecutive year after three years of growth. Overall, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Apple Juice Exports

Exports from the Dominican Republic

Apple juice exports from the Dominican Republic soared to X tons in 2021, picking up by 84% on the year before. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 770% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, apple juice exports soared to $X in 2021. Overall, exports recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 518% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons), Curacao (X tons) and Jamaica (X tons) were the main destinations of apple juice exports from the Dominican Republic, with a combined 88% share of total exports. These countries were followed by Antigua and Barbuda, Grenada, Aruba and the Netherlands, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Antigua and Barbuda (with a CAGR of +48.2%), while the other leaders experienced more modest paces of growth.

In value terms, Haiti ($X), Jamaica ($X) and Curacao ($X) appeared to be the largest markets for apple juice exported from the Dominican Republic worldwide, with a combined 85% share of total exports. These countries were followed by Antigua and Barbuda, Grenada, Aruba and the Netherlands, which together accounted for a further 10%.

In terms of the main countries of destination, Antigua and Barbuda, with a CAGR of +47.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average apple juice export price amounted to $X per ton, with a decrease of -36.6% against the previous year. In general, the export price, however, showed mild growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($X per ton), while the average price for exports to Curacao ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Juice Imports

Imports into the Dominican Republic

In 2021, purchases abroad of apple juice (single strength) decreased by -2.1% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 83% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, apple juice imports reduced to $X in 2021. In general, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 81% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, El Salvador (X tons) constituted the largest apple juice supplier to the Dominican Republic, with a 76% share of total imports. Moreover, apple juice imports from El Salvador exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from El Salvador totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (-3.0% per year) and the United States (+8.7% per year).

In value terms, El Salvador ($X) constituted the largest supplier of apple juice (single strength) to the Dominican Republic, comprising 77% of total imports. The second position in the ranking was held by Guatemala ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from El Salvador was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (-7.3% per year) and the United States (+11.2% per year).

Import Prices by Country

In 2021, the average apple juice import price amounted to $X per ton, which is down by -6.2% against the previous year. Over the period under review, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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