Dominican Republic: Dried Prune Market 2025

Dried Prune Market Size in the Dominican Republic

In 2022, after two years of growth, there was decline in the Dominican dried prune market, when its value decreased by -2% to $X. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Dried prune consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Dried Prune Production in the Dominican Republic

In value terms, dried prune production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2014 with an increase of 19% against the previous year. Dried prune production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Dried Prune Exports

Exports from the Dominican Republic

Dried prune exports from the Dominican Republic soared to X kg in 2022, jumping by 572% on 2021. Overall, exports continue to indicate a prominent increase. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, dried prune exports skyrocketed to $X in 2022. In general, exports continue to indicate prominent growth. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X kg) was the main destination for dried prune exports from the Dominican Republic, with a 69% share of total exports. Moreover, dried prune exports to Canada exceeded the volume sent to the second major destination, Jamaica (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at +52.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+48.7% per year) and Germany (+16.4% per year).

In value terms, Jamaica ($X) remains the key foreign market for dried prunes exports from the Dominican Republic, comprising 69% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Jamaica totaled +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.5% per year) and Canada (+25.6% per year).

Export Prices by Country

The average dried prune export price stood at $X per ton in 2022, falling by -14% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Germany ($X per ton), while the average price for exports to Canada ($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 Germany (-8.8%), while the prices for the other major destinations experienced a decline.

Dried Prune Imports

Imports into the Dominican Republic

In 2022, approx. X tons of dried prunes were imported into the Dominican Republic; with an increase of 11% on the previous year. In general, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 64% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, dried prune imports contracted to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.0% against 2018 indices. The pace of growth was the most pronounced in 2014 when imports increased by 53%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X tons), Chile (X tons) and Argentina (X tons) were the main suppliers of dried prune imports to the Dominican Republic, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +18.6%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), Chile ($X) and Argentina ($X) were the largest dried prune suppliers to the Dominican Republic, with a combined 99% share of total imports.

In terms of the main suppliers, Chile, with a CAGR of +19.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average dried prune import price amounted to $X per ton, declining by -13.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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