Dominican Republic: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in the Dominican Republic

The Dominican mango and mangosteen market surged to $X in 2022, with an increase of 67% against the previous year. In general, consumption continues to indicate strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mango And Mangosteen Production in the Dominican Republic

In value terms, mango and mangosteen production reached $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 38% against the previous year. Mango and mangosteen production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of mangoes, mangosteens and guavas in the Dominican Republic contracted slightly to X tons per ha, leveling off at the year before. In general, the yield, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 67%. The mango and mangosteen yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of mangoes, mangosteens and guavas production in the Dominican Republic shrank modestly to X ha, stabilizing at 2021 figures. Over the period under review, the harvested area continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2018 with an increase of 57% against the previous year. The mango and mangosteen harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Mango And Mangosteen Exports

Exports from the Dominican Republic

Mango and mangosteen exports from the Dominican Republic shrank significantly to X tons in 2022, waning by -98.6% on the previous year. Over the period under review, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2013 when exports increased by 49% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mango and mangosteen exports declined significantly to $X in 2022. In general, exports faced a dramatic decrease. The growth pace was the most rapid in 2013 when exports increased by 57%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Aruba (X tons) and the Netherlands (X tons) were the main destinations of mango and mangosteen exports from the Dominican Republic, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Aruba (with a CAGR of +56.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) emerged as the key foreign market for mangoes, mangosteens and guavas exports from the Dominican Republic, comprising 37% of total exports. The second position in the ranking was held by Germany ($X), with a 14% share of total exports. It was followed by the UK, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to -10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-6.6% per year) and the UK (-34.6% per year).

Export Prices by Country

In 2022, the average mango and mangosteen export price amounted to $X per ton, dropping by -28.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2013 an increase of 5.3% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Aruba ($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 the United States (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mango And Mangosteen Imports

Imports into the Dominican Republic

After three years of decline, supplies from abroad of mangoes, mangosteens and guavas increased by 24% to X tons in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 1,152%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, mango and mangosteen imports skyrocketed to $X in 2022. In general, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of 1,239%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the UK (X tons) was the main mango and mangosteen supplier to the Dominican Republic, with a 92% share of total imports. Moreover, mango and mangosteen imports from the UK exceeded the figures recorded by the second-largest supplier, Peru (X kg), more than tenfold. Thailand (X kg) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-20.0% per year) and Thailand (-20.4% per year).

In value terms, the UK ($X) constituted the largest supplier of mangoes, mangosteens and guavas to the Dominican Republic, comprising 93% of total imports. The second position in the ranking was taken by Peru ($X), with a 3.2% share of total imports. It was followed by Thailand, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-19.3% per year) and Thailand (-17.5% per year).

Import Prices by Country

In 2022, the average mango and mangosteen import price amounted to $X per ton, with an increase of 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2018 when the average import price increased by 48%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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