Dominican Republic: Market for Flaked or Rolled Cereals 2025

Market Size for Flaked or Rolled Cereals in the Dominican Republic

After two years of growth, the Dominican flaked or rolled cereal market decreased by -5% to $X in 2022. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Flaked or rolled cereal consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Flaked or Rolled Cereals in the Dominican Republic

In value terms, flaked or rolled cereal production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 29% against the previous year. Flaked or rolled cereal production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Flaked or Rolled Cereals

Exports from the Dominican Republic

In 2022, approx. X tons of flaked or rolled cereals were exported from the Dominican Republic; declining by -8.5% against the previous year. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 41%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, flaked or rolled cereal exports rose rapidly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 57%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for flaked or rolled cereal exports from the Dominican Republic, with a 78% share of total exports. Moreover, flaked or rolled cereal exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), eightfold. Aruba (X tons) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-22.4% per year) and Aruba (+17.9% per year).

In value terms, the United States ($X) remains the key foreign market for flaked or rolled cereals exports from the Dominican Republic, comprising 84% of total exports. The second position in the ranking was held by Haiti ($X), with a 5% share of total exports. It was followed by Jamaica, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (-17.6% per year) and Jamaica (-2.1% per year).

Export Prices by Country

In 2022, the average flaked or rolled cereal export price amounted to $X per ton, picking up by 16% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flaked or rolled cereal export price increased by +79.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 40%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guyana (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flaked or Rolled Cereals

Imports into the Dominican Republic

In 2022, imports of flaked or rolled cereals into the Dominican Republic dropped markedly to X tons, shrinking by -32.1% on the previous year's figure. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 70% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, flaked or rolled cereal imports contracted rapidly to $X in 2022. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 94% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of flaked or rolled cereal to the Dominican Republic, accounting for a 83% share of total imports. Moreover, flaked or rolled cereal imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by Argentina (X tons), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile amounted to +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.8% per year) and Argentina (-10.2% per year).

In value terms, Chile ($X) constituted the largest supplier of flaked or rolled cereals to the Dominican Republic, comprising 69% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Guatemala, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.9% per year) and Guatemala (-1.0% per year).

Import Prices by Country

In 2022, the average flaked or rolled cereal import price amounted to $X per ton, increasing by 5.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 14%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 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 Canada ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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