Dominican Republic: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in the Dominican Republic

The Dominican peach and nectarine market shrank sharply to $X in 2021, waning by -22.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. Peach and nectarine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Peach And Nectarine Exports

Exports from the Dominican Republic

In 2021, overseas shipments of peaches and nectarines increased by 171% to X kg for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 324% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, peach and nectarine exports soared to $X in 2021. Overall, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 when exports increased by 194%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

British Virgin Islands (X kg), the United States (X kg) and Germany (X kg) were the main destinations of peach and nectarine exports from the Dominican Republic.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +0.3%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for peach and nectarine exports from the Dominican Republic, comprising 75% of total exports. The second position in the ranking was taken by British Virgin Islands ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: British Virgin Islands (0.0% per year) and Germany (-87.5% per year).

Export Prices by Country

In 2021, the average peach and nectarine export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2013 when the average export price increased by 81%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Bahamas (+116.5%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into the Dominican Republic

Peach and nectarine imports into the Dominican Republic reduced markedly to X tons in 2021, shrinking by -17.3% compared with the previous year's figure. Over the period under review, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2016 with an increase of 138%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, peach and nectarine imports dropped rapidly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 220%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons) and Chile (X tons) were the main suppliers of peach and nectarine imports to the Dominican Republic.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of -3.3%).

In value terms, the United States ($X) constituted the largest supplier of peach and nectarine to the Dominican Republic, comprising 70% of total imports. The second position in the ranking was taken by Chile ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States was relatively modest.

Import Prices by Country

In 2021, the average peach and nectarine import price amounted to $X per ton, reducing by -7.2% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine import price decreased by +0.5% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Chile amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+5.0%).

Source: IndexBox Platform

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