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Dominican Republic - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDominican Republic: Market for Seeds, Fruit and Spores Used for Sowing 2025
Market Size for Seeds, Fruit and Spores Used for Sowing in the Dominican Republic
The Dominican market for seeds, fruit and spores used for sowing dropped slightly to $X in 2022, reducing by -3.6% against the previous year. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.
Production of Seeds, Fruit and Spores Used for Sowing in the Dominican Republic
In value terms, production of seeds, fruit and spores used for sowing declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 -15.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 33% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.
In 2022, the average yield of seeds, fruit and spores used for sowing in the Dominican Republic amounted to less than X kg per ha, leveling off at 2021 figures. Over the period under review, the yield showed a relatively flat trend pattern. 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 seeds, fruit and spores used for sowing production in the Dominican Republic was estimated at less than X ha, stabilizing at the previous year's figure. Overall, the harvested area recorded a relatively flat trend pattern.
Exports of Seeds, Fruit and Spores Used for Sowing
Exports from the Dominican Republic
In 2022, shipments abroad of seeds, fruit and spores used for sowing increased by 221% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2015 with an increase of 689% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
In value terms, exports of seeds, fruit and spores used for sowing skyrocketed to $X in 2022. In general, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2015 when exports increased by 210% against the previous year. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Guatemala (X tons) was the main destination for exports of seeds, fruit and spores used for sowing from the Dominican Republic, with a 72% share of total exports. Moreover, exports of seeds, fruit and spores used for sowing to Guatemala exceeded the volume sent to the second major destination, the United States (X tons), fourfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Guatemala was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-17.8% per year) and Spain (+8.7% per year).
In value terms, Guatemala ($X), Spain ($X) and the United States ($X) appeared to be the largest markets for seed, fruit and spore used for sowing exported from the Dominican Republic worldwide, with a combined 97% share of total exports.
In terms of the main countries of destination, Guatemala, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average export price for seeds, fruit and spores used for sowing stood at $X per ton in 2022, shrinking by -31.5% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2013 when the average export price increased by 472%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Guatemala ($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 (-10.3%).
Imports of Seeds, Fruit and Spores Used for Sowing
Imports into the Dominican Republic
In 2022, supplies from abroad of seeds, fruit and spores used for sowing decreased by -16.4% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 99% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of seeds, fruit and spores used for sowing declined to $X in 2022. Overall, imports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2020 when imports increased by 106% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2022, the United States (X tons) constituted the largest seed, fruit and spore used for sowing supplier to the Dominican Republic, with a 54% share of total imports. Moreover, imports of seeds, fruit and spores used for sowing from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Thailand (X tons) ranked third in terms of total imports with a 6.8% share.
From 2012 to 2022, the average annual growth rate of volume from the United States stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+25.7% per year) and Thailand (+21.4% per year).
In value terms, the largest seed, fruit and spore used for sowing suppliers to the Dominican Republic were Peru ($X), China ($X) and the United States ($X), with a combined 47% share of total imports. India, Israel, the Netherlands, Costa Rica, Thailand, Mexico, Italy, Brazil, Japan and Spain lagged somewhat behind, together comprising a further 35%.
The Netherlands, with a CAGR of +163.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average import price for seeds, fruit and spores used for sowing amounted to $X per ton, surging by 11% against the previous year. Overall, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 27%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($X per ton), while the price for the United States ($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 Netherlands (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for seed, fruit and spore used for sowing in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 256 - Palm kernels
Country coverage:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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