Dominican Republic: Root And Tuber Market 2024

Root And Tuber Market Size in the Dominican Republic

The Dominican root and tuber market shrank to $X in 2022, with a decrease of X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Root And Tuber Production in the Dominican Republic

In value terms, root and tuber production declined slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of roots and tubers in the Dominican Republic shrank slightly to X tons per ha in 2022, remaining constant against the year before. In general, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the yield increased by X% against the previous year. The root and tuber yield peaked at X tons per ha in 2021, and then fell modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the root and tuber harvested area in the Dominican Republic declined modestly to X ha, remaining constant against the year before. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to root and tuber production attained the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Root And Tuber Exports

Exports from the Dominican Republic

In 2022, overseas shipments of roots and tubers increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, root and tuber exports soared to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for root and tuber exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, root and tuber exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold. Aruba (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Aruba (X% per year).

In value terms, the United States ($X) remains the key foreign market for roots and tubers exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Aruba, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Aruba (X% per year).

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($X per ton), while the average price for exports to Haiti ($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 Aruba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into the Dominican Republic

In 2022, imports of roots and tubers into the Dominican Republic soared to X tons, growing by X% on 2021. In general, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, root and tuber imports surged to $X in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest root and tuber supplier to the Dominican Republic, with a X% share of total imports. Moreover, root and tuber imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) constituted the largest supplier of roots and tubers to the Dominican Republic, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average root and tuber import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Canada ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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