Report Update Nov 1, 2024

Dominican Republic - Crude Rape, Colza or Mustard Oil - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Crude Rapeseed Oil Market 2024

Crude Rapeseed Oil Market Size in the Dominican Republic

In 2022, the Dominican crude rapeseed oil market decreased by -30.5% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted a buoyant increase. Crude rapeseed oil consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Crude Rapeseed Oil Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of crude rape, colza or mustard oil decreased by -44.6% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 226% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, crude rapeseed oil imports fell sharply to $X in 2022. In general, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 228% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Uruguay (X tons) and the United States (X tons) were the main suppliers of crude rapeseed oil imports to the Dominican Republic.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +5.6%).

In value terms, Uruguay ($X) and the United States ($X) were the largest crude rapeseed oil suppliers to the Dominican Republic.

The United States, with a CAGR of +10.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average crude rapeseed oil import price stood at $X per ton in 2022, growing by 35% against the previous year. In general, the import price showed a notable increase. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Uruguay totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude rape, colza or mustard oil in the world?

The countries with the highest volumes of in 2021 were China, Canada and Germany, with a combined 43% share of global consumption. India, Poland, France, the United States, Japan, Belgium, the UK, Mexico, Pakistan and the Czech Republic lagged somewhat behind, together comprising a further 42%.

What are the largest producers of crude rape, colza or mustard oil in the world?

The countries with the highest volumes of in 2021 were Canada, Germany and China, together comprising 43% of global production. These countries were followed by India, France, Poland, Japan, the United States, the UK, Belgium, Russia, Mexico and the Czech Republic, which together accounted for a further 42%.

What are the leading suppliers of crude rape, colza or mustard oil to the Dominican Republic?

In value terms, the United States constituted the largest supplier of crude rapeseed oil to the Dominican Republic, comprising 86% of total imports. The second position in the ranking was occupied by Canada, with a 13% share of total imports.

What is the average export price for crude rape, colza or mustard oil in the Dominican Republic?

In 2016, the average crude rapeseed oil export price amounted to $1,323 per ton, remaining constant against the previous year.

What is the average import price for crude rape, colza or mustard oil in the Dominican Republic?

In 2021, the average crude rapeseed oil import price amounted to $1,309 per ton, growing by 42% against the previous year.

This report provides an in-depth analysis of the crude rapeseed oil 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 271 - Oil of Rapeseed or Canola oil

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