Dominican Republic: Cream Fresh Market 2025

Cream Fresh Market Size in the Dominican Republic

For the third year in a row, the Dominican cream fresh market recorded growth in sales value, which increased by 40% to $X in 2022. Over the period under review, consumption saw significant growth. Cream fresh consumption peaked in 2022 and is expected to retain growth in the near future.

Cream Fresh Exports

Exports from the Dominican Republic

In 2022, after two years of decline, there was significant growth in overseas shipments of cream fresh, when their volume increased by 5,536% to X kg. In general, exports showed a buoyant expansion. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, cream fresh exports surged to $X in 2022. Overall, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Grenada (X kg) was the main destination for cream fresh exports from the Dominican Republic, accounting for a 72% share of total exports. Moreover, cream fresh exports to Grenada exceeded the volume sent to the second major destination, the United States (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Grenada was relatively modest.

In value terms, Grenada ($X) and the United States ($X) constituted the largest markets for cream fresh exported from the Dominican Republic worldwide.

The United States, with a CAGR of +10.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average cream fresh export price amounted to $X per ton, falling by -31% against the previous year. Over the period under review, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 804% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Grenada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into the Dominican Republic

In 2022, cream fresh imports into the Dominican Republic soared to X tons, jumping by 28% compared with the year before. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 101% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, cream fresh imports skyrocketed to $X in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X tons), Brazil (X tons) and France (X tons) were the main suppliers of cream fresh imports to the Dominican Republic, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +101.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cream fresh suppliers to the Dominican Republic were Spain ($X), Brazil ($X) and France ($X), together comprising 93% of total imports.

Among the main suppliers, Spain, with a CAGR of +102.1%, recorded 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 cream fresh import price amounted to $X per ton, rising by 13% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh import price increased by +22.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per ton) and Spain ($X per ton), while the price for Germany ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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