Dominican Republic: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in the Dominican Republic

In 2020, after four years of growth, there was decline in the Dominican market for fresh cheese (unripened or uncured cheese), including whey cheese and curd, when its value decreased by -X% to $X. In general, the total consumption indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then reduced modestly in the following year.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in the Dominican Republic

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd fell modestly to $X in 2020 estimated in export prices. In general, the total production indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Production peaked at $X in 2019, and then contracted in the following year.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from the Dominican Republic

In 2020, overseas shipments of fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to X tons, rising for the second year in a row after seven years of decline. Over the period under review, exports showed a buoyant increase. Over the period under review, exports hit record highs at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd surged to $X in 2020. In general, exports recorded a prominent increase. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from the Dominican Republic, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to +X%.

In value terms, the U.S. ($X) also remains the key foreign market for fresh cheese (unripened or uncured cheese), including whey cheese and curd exports from the Dominican Republic.

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to +X%.

Export Prices by Country

The average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the export price recorded a mild descent. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into the Dominican Republic

In 2020, purchases abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by -X% to X tons for the first time since 2009, thus ending a ten-year rising trend. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019, and then shrank in the following year.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd fell to $X in 2020. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then contracted in the following year.

Imports by Country

Germany (X tons), the U.S. (X tons) and France (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to the Dominican Republic, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Germany (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and France ($X) constituted the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd suppliers to the Dominican Republic, with a combined X% share of total imports.

In terms of the main suppliers, Germany (+X% per year) 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

The average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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