Dominican Republic: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in the Dominican Republic

In 2021, the Dominican market for jams, jellies, puree and pastes was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Jams, Jellies, Puree And Pastes in the Dominican Republic

In value terms, jam, jelly, puree and paste production expanded to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 33%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Jams, Jellies, Puree And Pastes

Exports from the Dominican Republic

In 2021, the amount of jams, jellies, puree and pastes exported from the Dominican Republic rose rapidly to X tons, growing by 12% against 2020. Over the period under review, exports saw a remarkable increase. The pace of growth was the most pronounced in 2016 when exports increased by 34% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, jam, jelly, puree and paste exports reached $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.4% against 2013 indices. The pace of growth was the most pronounced in 2016 when exports increased by 22% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for jam, jelly, puree and paste exports from the Dominican Republic, accounting for a 92% share of total exports. It was followed by Jamaica (X tons), with a 2.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+11.5% per year) and France (+4.7% per year).

In value terms, the United States ($X) remains the key foreign market for jams, jellies, puree and pastes exports from the Dominican Republic, comprising 85% of total exports. The second position in the ranking was taken by Jamaica ($X), with a 4.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+5.8% per year) and France (+5.3% per year).

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, which is down by -9.9% against the previous year. In general, the export price showed a noticeable decline. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Jamaica ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Jams, Jellies, Puree And Pastes

Imports into the Dominican Republic

In 2021, supplies from abroad of jams, jellies, puree and pastes was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 57% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, jam, jelly, puree and paste imports surged to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 29%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Greece (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of jam, jelly, puree and paste imports to the Dominican Republic, with a combined 58% share of total imports. These countries were followed by Spain, Ecuador, Mexico, Costa Rica and France, which together accounted for a further 7.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ecuador (with a CAGR of +45.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jam, jelly, puree and paste suppliers to the Dominican Republic were the United States ($X), Greece ($X) and Chile ($X), with a combined 57% share of total imports. These countries were followed by Spain, France, Mexico, Costa Rica and Ecuador, which together accounted for a further 11%.

In terms of the main suppliers, Ecuador, with a CAGR of +27.9%, saw 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 2021, the average import price for jams, jellies, puree and pastes amounted to $X per ton, increasing by 3.4% against the previous year. In general, the import price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 4.7%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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