Dominican Republic: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in the Dominican Republic

The Dominican non-wheat flour market dropped to $X in 2021, waning by -12.1% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Non-Wheat Flour Production in the Dominican Republic

In value terms, non-wheat flour production dropped to $X in 2021 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +16.7% against 2019 indices. The growth pace was the most rapid in 2016 when the production volume increased by 48%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Non-Wheat Flour Exports

Exports from the Dominican Republic

In 2021, shipments abroad of non-wheat flours decreased by -13.3% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 480%. Over the period under review, the exports attained the maximum at X tons in 2020, and then declined in the following year.

In value terms, non-wheat flour exports stood at $X in 2021. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 287% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Haiti (X tons) was the main destination for non-wheat flour exports from the Dominican Republic, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Haiti totaled +39.1%.

In value terms, Haiti ($X) also remains the key foreign market for non-wheat flours exports from the Dominican Republic.

From 2012 to 2021, the average annual growth rate of value to Haiti stood at +36.6%.

Export Prices by Country

The average non-wheat flour export price stood at $X per ton in 2021, jumping by 16% against the previous year. Over the period under review, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in 2016 an increase of 39% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Haiti amounted to -1.8% per year.

Non-Wheat Flour Imports

Imports into the Dominican Republic

In 2021, imports of non-wheat flours into the Dominican Republic rose modestly to X tons, surging by 1.7% against the previous year's figure. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 52% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-wheat flour imports dropped to $X in 2021. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 47% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of non-wheat flour to the Dominican Republic, accounting for a 87% share of total imports. Moreover, non-wheat flour imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+7.3% per year) and Colombia (-11.5% per year).

In value terms, the United States ($X) constituted the largest supplier of non-wheat flours to the Dominican Republic, comprising 89% of total imports. The second position in the ranking was held by Chile ($X), with a 4.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+0.6% per year) and Colombia (-13.2% per year).

Import Prices by Country

The average non-wheat flour import price stood at $X per ton in 2021, falling by -9.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 13%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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