Dominican Republic: Pulses Market 2024

Pulses Market Size in the Dominican Republic

The Dominican pulses market shrank rapidly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, continues to indicate noticeable growth. Pulses consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pulses Production in the Dominican Republic

In value terms, pulses production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of pulses in the Dominican Republic totaled X tons per ha in 2022, leveling off at the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The pulses yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the pulses harvested area in the Dominican Republic reduced to X ha, leveling off at 2021. In general, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pulses production attained the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Pulses Exports

Exports from the Dominican Republic

In 2022, approx. X tons of pulses were exported from the Dominican Republic; declining by X% against 2021 figures. Over the period under review, exports saw a dramatic contraction. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pulses exports reduced markedly to $X in 2022. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for pulses exports from the Dominican Republic, accounting for a X% share of total exports. Moreover, pulses exports to the United States exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was taken by Haiti (X tons), with a X% share.

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

In value terms, the United States ($X) emerged as the key foreign market for pulses exports from the Dominican Republic, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Haiti, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Haiti (X% per year).

Export Prices by Country

The average pulses export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Pulses Imports

Imports into the Dominican Republic

Pulses imports into the Dominican Republic declined rapidly to X tons in 2022, waning by X% compared with the previous year. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, pulses imports contracted rapidly to $X in 2022. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest pulses supplier to the Dominican Republic, accounting for a X% share of total imports. Moreover, pulses imports from the United States exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold. Ecuador (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of pulses to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Peru ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Ecuador (X% per year).

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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