Report Update Nov 1, 2024

Dominican Republic - Barley - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Barley Market 2024

Barley Market Size in the Dominican Republic

The Dominican barley market shrank significantly to $X in 2022, with a decrease of -19.6% against the previous year. Over the period under review, consumption, however, enjoyed a strong expansion. Barley consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Barley Production in the Dominican Republic

In value terms, barley production contracted sharply to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 123% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

The average yield of barley in the Dominican Republic amounted to less than X kg per ha in 2022, leveling off at 2021. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of barley were harvested in the Dominican Republic; remaining constant against the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Barley Exports

Exports from the Dominican Republic

In 2019, barley exports from the Dominican Republic dropped sharply to X tons, waning by -58.2% against the year before. Overall, exports saw a significant curtailment. Over the period under review, the exports hit record highs at X tons in 2018, and then dropped remarkably in the following year.

In value terms, barley exports contracted notably to $X in 2019. In general, exports faced a precipitous slump. The exports peaked at $X in 2018, and then contracted remarkably in the following year.

Exports by Country

Saint Vincent and the Grenadines (X tons) was the main destination for barley exports from the Dominican Republic, accounting for a approx. 99.9% share of total exports.

From 2018 to 2019, the average annual growth rate of volume to Saint Vincent and the Grenadines totaled -58.2%.

In value terms, Saint Vincent and the Grenadines ($X) also remains the key foreign market for barley exports from the Dominican Republic.

From 2018 to 2019, the average annual rate of growth in terms of value to Saint Vincent and the Grenadines totaled -46.0%.

Export Prices by Country

The average barley export price stood at $X per ton in 2019, jumping by 29% against the previous year. Over the period from 2018 to 2019, it increased at an average annual rate of +29.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Saint Vincent and the Grenadines.

From 2018 to 2019, the rate of growth in terms of prices for Saint Vincent and the Grenadines amounted to +29.3% per year.

Barley Imports

Imports into the Dominican Republic

In 2022, purchases abroad of barley increased by 97% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 128%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, barley imports soared to $X in 2022. Over the period under review, imports posted a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of barley to the Dominican Republic, with a 90% share of total imports. Moreover, barley imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X kg), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +35.2%.

In value terms, Italy ($X) constituted the largest supplier of barley to the Dominican Republic, comprising 96% of total imports. The second position in the ranking was taken by the United States ($X), with a 4.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +94.3%.

Import Prices by Country

In 2022, the average barley import price amounted to $X per ton, with an increase of 35% against the previous year. Over the period under review, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 281%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for barley in the world?

The countries with the highest volumes of barley consumption in 2021 were Russia, China and Spain, with a combined 26% share of global consumption.

What are the largest producers of barley in the world?

The countries with the highest volumes of barley production in 2021 were Russia, France and Germany, together comprising 28% of global production. Canada, Spain, Australia, Ukraine, the UK, Turkey, Argentina, Denmark, Kazakhstan and the United States lagged somewhat behind, together accounting for a further 45%.

What are the leading suppliers of barley to the Dominican Republic?

In value terms, Italy constituted the largest supplier of barley to the Dominican Republic.

What is the average export price for barley in the Dominican Republic?

In 2018, the average barley export price amounted to $686 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for barley in the Dominican Republic?

In 2021, the average barley import price amounted to $320 per ton, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the barley 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 44 - Barley

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023