Dominican Republic: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in the Dominican Republic

The Dominican decaffeinated or roasted coffee market rose sharply to $X in 2022, growing by X% against the previous year. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Decaffeinated or roasted coffee consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Coffee (Decaffeinated or Roasted) in the Dominican Republic

In value terms, decaffeinated or roasted coffee production expanded sharply to $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. Decaffeinated or roasted coffee production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Coffee (Decaffeinated or Roasted)

Exports from the Dominican Republic

In 2022, exports of coffee (decaffeinated or roasted) from the Dominican Republic dropped markedly to X tons, waning by X% against the previous year. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports declined notably to $X in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for decaffeinated or roasted coffee exports from the Dominican Republic, with a X% share of total exports. Moreover, decaffeinated or roasted coffee exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold. Aruba (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Aruba (X% per year).

In value terms, the United States ($X) remains the key foreign market for coffee (decaffeinated or roasted) exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Aruba, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Aruba (X% per year).

Export Prices by Country

The average decaffeinated or roasted coffee export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed a modest expansion. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turks and Caicos Islands ($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 Turks and Caicos Islands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coffee (Decaffeinated or Roasted)

Imports into the Dominican Republic

In 2022, approx. X tons of coffee (decaffeinated or roasted) were imported into the Dominican Republic; rising by X% against the previous year. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, decaffeinated or roasted coffee imports skyrocketed to $X in 2022. Overall, imports enjoyed prominent growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, El Salvador (X tons) constituted the largest supplier of decaffeinated or roasted coffee to the Dominican Republic, with a X% share of total imports. Moreover, decaffeinated or roasted coffee imports from El Salvador exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from El Salvador totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Italy (X% per year).

In value terms, the largest decaffeinated or roasted coffee suppliers to the Dominican Republic were the United States ($X), El Salvador ($X) and Italy ($X), with a combined X% share of total imports.

El Salvador, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 decaffeinated or roasted coffee import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average 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 Switzerland ($X per ton), while the price for El Salvador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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