Dominican Republic: Plantain Market 2025

Plantain Market Size in the Dominican Republic

The Dominican plantain market rose notably to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Plantain Production in the Dominican Republic

In value terms, plantain production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

The average yield of plantains in the Dominican Republic expanded significantly to X tons per ha in 2022, increasing by X% on the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the average plantain yield remained 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.

The plantain harvested area in the Dominican Republic dropped slightly to X ha in 2022, falling by X% on the year before. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the harvested area dedicated to plantain production attained the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Plantain Exports

Exports from the Dominican Republic

In 2022, plantain exports from the Dominican Republic rose sharply to X tons, increasing by X% compared with 2021 figures. Over the period under review, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, plantain exports rose slightly to $X in 2022. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovakia (X tons), the United States (X tons) and Spain (X tons) were the main destinations of plantain exports from the Dominican Republic, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), the United States ($X) and Spain ($X) were the largest markets for plantain exported from the Dominican Republic worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plantain export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price showed a mild descent. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

Plantain Imports

Imports into the Dominican Republic

Plantain imports into the Dominican Republic shrank notably to X kg in 2020, waning by X% compared with 2019 figures. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2020, the growth of imports failed to regain momentum.

In value terms, plantain imports surged to $X in 2020. Over the period under review, imports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, Ecuador (X kg) was the main plantain supplier to the Dominican Republic, with a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Ecuador stood at X%.

In value terms, Ecuador ($X) constituted the largest supplier of plantains to the Dominican Republic.

From 2012 to 2020, the average annual growth rate of value from Ecuador amounted to X%.

Import Prices by Country

The average plantain import price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2020, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2020, the rate of growth in terms of prices for Ecuador amounted to X% per year.

Source: IndexBox Platform

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