Report Update Nov 1, 2024

Dominican Republic - Cheese and Curd - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Cheese And Curd Market 2024

Cheese And Curd Market Size in the Dominican Republic

For the eleventh consecutive year, the Dominican cheese and curd market recorded growth in sales value, which increased by 32% to $X in 2022. Over the period under review, consumption saw a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cheese And Curd Production in the Dominican Republic

In value terms, cheese and curd production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by 57%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Cheese And Curd Exports

Exports from the Dominican Republic

In 2022, shipments abroad of cheese and curd increased by 20% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cheese and curd exports surged to $X in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 52%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for cheese and curd exports from the Dominican Republic, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -4.4%.

In value terms, the United States ($X) also remains the key foreign market for cheese and curd exports from the Dominican Republic.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cheese and curd export price decreased by -15.3% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 67%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.6% per year.

Cheese And Curd Imports

Imports into the Dominican Republic

For the seventh consecutive year, the Dominican Republic recorded growth in overseas purchases of cheese and curd, which increased by 19% to X tons in 2022. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 65%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cheese and curd imports surged to $X in 2022. Overall, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of cheese and curd imports to the Dominican Republic, with a combined 80% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +79.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cheese and curd suppliers to the Dominican Republic were the United States ($X), Germany ($X) and the Netherlands ($X), together comprising 80% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +79.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cheese and curd import price amounted to $X per ton, growing by 19% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2015; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), 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 cheese and curd in the world?

The United States remains the largest cheese and curd consuming country worldwide, comprising approx. 25% of total volume. Moreover, cheese and curd consumption in the United States exceeded the figures recorded by the second-largest consumer, Germany, threefold. The third position in this ranking was occupied by France, with a 6.2% share.

What are the largest producers of cheese and curd in the world?

The United States remains the largest cheese and curd producing country worldwide, accounting for 27% of total volume. Moreover, cheese and curd production in the United States exceeded the figures recorded by the second-largest producer, Germany, threefold. France ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of cheese and curd to the Dominican Republic?

In value terms, the largest cheese and curd suppliers to the Dominican Republic were the United States, Germany and the Netherlands, with a combined 80% share of total imports.

What are the leading importers of cheese and curd from the Dominican Republic?

In value terms, the United States remains the key foreign market for cheese and curd exports from the Dominican Republic, comprising 92% of total exports. The second position in the ranking was occupied by France, with a 2.8% share of total exports.

What is the average export price for cheese and curd in the Dominican Republic?

In 2021, the average cheese and curd export price amounted to $7,537 per ton, which is down by -24% against the previous year.

What is the average import price for cheese and curd in the Dominican Republic?

In 2021, the average cheese and curd import price amounted to $4,780 per ton, dropping by -7.4% against the previous year.

This report provides an in-depth analysis of the cheese and curd 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 901 - Cheese from Whole Cow Milk
FCL 904 - Cheese from Skimmed Cow Milk
FCL 905 - Whey Cheese
FCL 907 - Processed Cheese
FCL 955 - Cheese of Buffalo Milk
FCL 984 - Cheese of Sheep Milk
FCL 1021 - Cheese of Goat Milk

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023